Elon Musk favorite: Signal started P2P Cryptocurrency payments worldwide

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However, regulatory scrutiny in the United States may most likely prove problematic.

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It’s been clear for some time that WhatsApp has been taking the world by storm, and Signal's latest update is a huge step forward.

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You can now send money to people through Signal in already-enabled markets, on the other hand Meta has also started testing the service through WhatsApp in the US.

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 Signal has been working on introducing a payments feature for a while & this year, they’ve been testing it with the UK before rolling it out to other countries

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Today we learned that the payment feature has automatically been added to contacts without notification. It now can be done using their cryptocurrency called MobileCoin.

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Earlier last year Elon Musk suggested tweeted that people use the encrypted messaging app Signal.

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Earlier last year Elon Musk suggested tweeted that people use the encrypted messaging app Signal.

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As reported by Wired, users of Elon Musk’s favorite app Signal can now send and receive crypto payments directly in the app.

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Bitcoin and Ethereum, have public ledgers that show details of transactions. By looking up an address you can see the current balance and all the recent transactions it’s made.

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Signal, on the other hand, has publicly accessible records and takes steps to defeat tracing. To the point where even they don’t know how much money you have loaded in the app.

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If you were looking for an environmentally friendly way to use blockchain technology, this might be for you. The system uses proof-of-stake instead of proof-of-work.