Messaging App Touted by Elon Musk Now Accepts Cryptocurrency Donations

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Mon, 03/15/2021 - 17:15
Alex Dovbnya
Popular messaging app Signal now accepts contributions in Bitcoin, Ethereum, and other cryptocurrencies
Cover image via stock.adobe.com
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Popular encrypted messaging application Signal has announced support for cryptocurrency donations in a recent tweet:   

If you've been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl back your generosity.

Signal has partnered with leading cryptocurrency donation platform The Giving Block, which makes it possible to send contributions anonymously.     

Image by signal.org

The app’s tiny team of developers relies on donations to pay for servers.

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Building a fair internet  

Created by American cryptographer and anarchist Moxie Marlinspike, Signal stands out among popular messaging apps because of its end-to-end encryption that allows sending messages without revealing their content to any third party.  

After Facebook’s WhatsApp sparked a backlash by forcing users to accept its updated privacy policy, millions of users switched to Signal in mere hours.

In only a day, the app started reaching new peaks of popularity after none other than Tesla CEO Elon Musk, the richest person in the world, urged his followers to use it

In mid-January, it surpassed 50 million installs on the Google Play Store. 

Signal is managed by a non-profit foundation, which has no incentive to collect its users’ data. 

         
About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.


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