Email Subscription Platform Substack Adds Bitcoin Lightning Payments
Independent on-line writer Substack, with over half one million subscribers, introduced Monday it has built-in Bitcoin Lightning funds in collaboration with OpenNode, a cost processor providing Bitcoin and Lightning optimized API options for companies.
OpenNode will now energy each on-chain and off-chain Bitcoin and Lightning funds on the Substack platform, that means journalists and writers can now successfully make a residing in Bitcoin as unbiased writers.
Nick Inzucchi, product designer at Substack commented, “We’re excited to be working with OpenNode to enable independent publishers on Substack to accept crypto payments.”
Inzucchi continued, “Having this selection will give writers extra flexibility and freedom, and we sit up for doing extra in crypto to satisfy writers’ wants.”
For now, instantaneous lightning payments are only available to “a select group of crypto-focused publications.” Subscribers to those publications will be able to pay their subscription fees in Bitcoin, and the lightning-enabled publications can withdraw their earnings in Bitcoin as well.
João Almeida, Co-founder & CTO at OpenNode stated, “Our partnership will enable content material creators throughout the Substack ecosystem to simply accept Bitcoin funds, and retain earnings in Bitcoin or convert to most popular forex. Writers and podcasters have flocked to Substack to regain inventive and monetary freedom, and Bitcoin is a pure match.”