Signal App Will Use MobileCoin For Privacy Payments!

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(Edited)

The rumors are true! MobileCoin will be the first crypto to be integrated with Signal App.

In a previous post Signal App to Launch Cryptocurrency Payments I had put two and two together and figured that with Signals creator Moxie Marlinspike also serving as advisor on MobileCoin, it would indeed be the first crypto to be incorporated into the app.


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MobileCoin may be the first crypto to make it's way into the messaging app but probably won't be the last.

I have to imagine that there's still much regulatory red tape to cut through. Not only is Signal now allowing payments but they've kicked things off with a privacy coin! Go big or go home right?

Sure we will probably see other crypto's incorporated into the app over time, but Signals ethos is privacy so it makes complete sense that they start with a privacy coin. Perhaps they only offer pricy coins going forward, that also wouldn't surprise me.

I wouldn't complain if they offered a stable coin in there at some point, but hey is there even a stable coin that offers it's users privacy?

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What is MobileCoin

MobileCoin is a cryptocurrency designed to be used as digital cash on your phone. It's easy to use with near instantaneous transactions.

Signal has released a new beta version of it's popular privacy messaging app. However it's only iOS and only in the UK for now but it includes the ability to send and receive MobileCoin!

Try Signal App Today

If you haven't already I suggest you give Signal a try. It's a Free privacy messenger service with apps for both mobile and desktop. It's UI is easy to use and it also features video chat, so it's even a suitable replacement for skype or or even zoom if you're just meeting one on one.

I wrote about the privacy app in this post Encrypt Your Comms Now! and also here in my post It's Time To Take Your Privacy Seriously!

If you're starting to see the trend you'd be correct, I take my privacy seriously.

If I can manage to switch off of Facebook messenger and even drop WhatsApp then I know you can too. It's hard to break old habits but I really think it's time to protect your data, own your data, decide what to do with you're data. Don't let tech companies mine your data, especially if you're into crypto or if you're an entrepreneur with a small business.

Think about it like this, if you an entrepreneur and your using regular text message, email, or WhatsApp or messenger all of you thoughts and actions are being monitored and entered into the AI. This includes all of your business dealings and intellectual property that is discussed through these apps.

Especially if you own a small business, keep your data safe from prying eyes.

Where To Find MobileCoin

MobileCoin is currently only traded on the FTX exchange but with it's soon to be increased visibility it would not surprise me if we see the coin listed on additional exchanges in the future.

Ciao for now,

@agr8buzz


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15 comments
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Nice one @agr8buzz. Finally Signal introducing tokenised economy on their app. Great move. They should try integrating more Cryptos in the future like Hive. 3sec feeless txn is a dope feature ;)

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yeah pretty pumped for this! I wonder if they will only ever add other privacy coins though?

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Oh yeah. That's a valid doubt. Since Signal is all about privacy. But I am not sure whether using other kind of coins will have any effect on this aspect.

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It is good to see integration taking place. There is no doubt where all of this is heading. We just need to keep doing out part to keep it up.

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It's great to be part of a community that appreciates this tech! Between LEO and HIVE folks and my personal life people are really starting to see the need for this tech and the problems that it will solve for us. It will take time but it's happening!

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Shit is not private tho. Someone has a huge bag of this shit in signal, or else they would've used monero or haven

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I have not heard of haven - I will have to look into them. I am a fan of Pirate chain that forces all transactions to be private

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yeah the same person is behind both projects so of course he is using his own tech and merging the two, it's a synergy.

What's not private, not sure what you're referring to there?

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Mobilecoin is not a privacy coin.

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This is very good. WhatsApp has found a real competitor on the scene and with the crypto feature we will not ignore it

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The crypto brings all the boys to the yard! Agreed this will help attract people to the app..

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That's a pretty big change! Signal was for me an example for an app that does serves one purpose and does that right. As much as I welcome crypto adoption, I'm not sure combining this with Signal's privacy / encrypted messaging approach is good here. The more features, the more attack surface...

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Fair point, and there was even push back from within Signal when it was first announced they were exploring the integration of MobileCoin, for that exact reason. It opens them up to attack from regulation but someone's got to do it eventually! Might as well be them, a publicly funded not for profit organization in favour of open sourcing their tech.

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I am not on signal yet, I have moved at least one conversation to Matrix. If privacy is key, then people need to move to blochains that forces privacy, not make it an option.

I agree privacy is key - and I am trying to move towards privacy - albeit slowly.

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Rome wasn't built in a day! Glad privacy is on the mind, now it can slowly be integrated into your life one small step at a time. Everyone starts somewhere.

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