Rumble Today announced MoonPay and Bitcoin are launching a Bitcoin-only payment system in an exclusive agreement wallet The new system will enable creators to manage their earnings without the need for traditional banks.
MoonPay infrastructure will be used to run all transactions in digital currencies on the Rumble platform. Users can buy, swap and sell Bitcoin and other assets through their wallets, giving them more control of how they monetize.
“Rumble Wallet will change the game for creators, and MoonPay is the perfect partner to bring that vision to life,” Chris Pavlovski is the founder and CEO of Rumble. “We’re not just building tools – we’re building freedom. And we want partners who are as obsessed with empowering people as we are.”
Rumble, with its millions of users, can now access Bitcoin. This could help to boost Bitcoin adoption.
“We could not be more thrilled to partner with Rumble,” MoonPay’s CEO Ivan Soto Wright. “Digital currencies represent financial freedom, the same way Rumble represents freedom of expression.”
Rumble recently made Bitcoin investments. In March the company purchased As part of its Bitcoin Treasury strategy, the company purchased 188 Bitcoins for $17.1 million (average price $91,000/coin).
The company steadily built its Bitcoin treasury. Bitcoin is seen as a hedge to devaluation of traditional currencies. “We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently accelerated with the election of a crypto-friendly U.S. presidential administration and increased institutional adoption,” Pavlovski said. “Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing, enabling it to be a valuable inflation hedge and an excellent addition to our treasury.”
Chris Pavlovski speaks with Donald Trump Jr. about Bitcoin and Bitcoin’s future. The Bitcoin Conference below.
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Source: bitcoinmagazine.com
