Showing posts with label twitch. Show all posts
Showing posts with label twitch. Show all posts

Director of Amazon-Owned Top Streaming Platform 'Twitch' Puts 25% Of His Wealth In Bitcoin - Site Gives 10% Discounts To Users Who Pay In Crypto...

Shaan Puri is the director of Amazon-owned streaming platform Twitch, and he just tweeted "I have moved 25% into bitcoin."

He shared some details behind his decision, saying "Bitcoin is the only asset where you can go irresponsibly long – and then everyone tells you it’s not enough. And they’re probably right." 

"I think people think this time it hits $20k is ‘just like last time’ but it’s not for many reasons." referring to the influx of established investment firms jumping onto the Bitcoin bandwagon, and thinks this is a wave that will continue for 2 more years.

Puri did not share how much Bitcoin his 25% bought him.

Earlier this year Twitch began offering 10% discounts to users who registered and paid with crypto.

Author: Oliver Redding
Seattle Newsdesk

Streamers on Twitch can now accept multiple cryptocurrencies as tips...

Twitch is the leading streaming platform, for anything really - but best known in the gaming community.  Twitch stars such as top gamer 'Ninja' earn up to $500,000 per month steaming their gameplay on Twitch - all that money donated by fans.

While millionare superstar gamers are rare - there's countless smaller streams earning a few hundred bucks per month, enough to total over $100 million a year paid out by Twitch to to various streamers!

Streamlabs announced the move in a post on their official blog reading:

"Hodl? Crypto tips are here!

It’s time to give one of your lambos a wash, because all Streamlabs broadcasters can now accept cryptocurrency tips. We’re initially adding support for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, and will be looking into adding other coins in the future."

Another interesting factor to consider - Amazon owns Twitch, they purchased the company in 2014.  Could we looking at the testing grounds for something bigger? While the payments go through StreamLabs - our sources at Amazon say they'll be "paying attention to the results".
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk