{"id":175105,"date":"2021-02-10T20:28:12","date_gmt":"2021-02-10T17:28:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/twitter-looking-into-bitcoin-payments-for-employees-says-cfo\/"},"modified":"2021-02-10T20:28:12","modified_gmt":"2021-02-10T17:28:12","slug":"twitter-looking-into-bitcoin-payments-for-employees-says-cfo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/twitter-looking-into-bitcoin-payments-for-employees-says-cfo\/","title":{"rendered":"# Twitter looking into Bitcoin payments for employees, says CFO"},"content":{"rendered":"<p>&#8220;<strong># <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> looking into Bitcoin payments for employees, says CFO <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvYThmMTVjNWYtOWRhNi00MGJhLWIyMjUtOGRkOTViNzBjYTc0LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Twitter may be the next major company to purchase Bitcoin, according to the tech firm&#8217;s chief financial officer.<\/p>\n<p>In an interview on CNBC\u2019s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter would react to Tesla\u2019s recent $1.5 billion Bitcoin (BTC) investment this week. Segal said the tech firm was watching other companies closely, and discussed potentially adding the crypto asset to its own books or using it for Twitter employees&#8217; salaries.<\/p>\n<p>\u201cWe\u2019ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in Bitcoin, how we might pay a vendor should they ask to be paid in Bitcoin, and whether we need to have Bitcoin on our balance sheet,\u201d said Segal. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">&#8220;We&#8217;ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a>, how we might pay a vendor if they asked to be paid in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> and whether we need to have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> on our balance sheet,&#8221; says <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/nedsegal?ref_src=twsrc%5Etfw\">@NedSegal<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24TWTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TWTR<\/a>. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/KjIgnqDmYC\">pic.twitter.com\/KjIgnqDmYC<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1359501275650547714?ref_src=twsrc%5Etfw\">February 10, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Though the CFO said Twitter hasn\u2019t \u201cmade any changes yet,\u201d he added that the tipping point could come if enough people are interested in conducting BTC transactions with the tech firm. <\/p>\n<blockquote><p>\u201cWhen we hedge currencies, when we do business in another country, when we think about all the different exposures that we have, we\u2019re really trying to match our assets and our liabilities, and we take the same <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach to Bitcoin that we do to all the other types of risks that we have.\u201d<\/p><\/blockquote>\n<p>With a market capitalization of more than $51 billion, Twitter is a fraction of the value of a company like Tesla, whose market cap has risen to $780 billion this week. Following the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> Tesla had purchased $1.5 billion of Bitcoin and was considering accepting it for payments, the price of Bitcoin reached a new all-time high of $48,200. If other multi-billion dollar firms announced similar purchases or adoption plans, it could help push the price even higher.<\/p>\n<p>\u201cEvery CFO is going to be asked now that Tesla made the move,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/APompliano\/status\/1359501787057840128\">said<\/a> Bitcoin bull Anthony &#8220;Pomp&#8221; Pompliano in response to Segal\u2019s interview.<\/p>\n<p>&#8220;These are just the early innings of corporate adoption, as digital currencies are beginning to play a larger role in robust balance sheet management,&#8221; said Nathan Cox, the CIO at Two Prime, an investment firm specializing in digital assets. He added:<\/p>\n<blockquote><p>&#8220;We\u2019ve been having many conversations with corporates to create clear Bitcoin strategies for their treasury reserves as a hedge against inflation. Announcements like these from corporate giants serve as a signal of what\u2019s to come.&#8221;<\/p><\/blockquote>\n<p>Twitter stock has risen more than 11% since the tech firm&#8217;s most recent earnings report yesterday. However, the price of Bitcoin dipped 5% overnight to reach $44,880 at time of publication.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/twitter-looking-into-bitcoin-payments-for-employees-says-cfo\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Twitter looking into Bitcoin payments for employees, says CFO &#8221; Twitter may be the next major company to purchase Bitcoin, according to the tech firm&#8217;s chief financial officer. In an interview on CNBC\u2019s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter&#8230;<\/p>\n","protected":false},"author":1,"featured_media":175106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvYThmMTVjNWYtOWRhNi00MGJhLWIyMjUtOGRkOTViNzBjYTc0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[76276,74355,117,33355,10401],"class_list":["post-175105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-payments","tag-adoption","tag-business","tag-silicon-valley","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/175105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=175105"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/175105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/175106"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=175105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=175105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=175105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}