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Mobilecoin: Signals crypto payment functionality is now available worldwide, but is that a good thing?

In April 2021, Signal Messenger announced that it would provide users in Great Britain with a payment function in the beta phase. It should be based on a relatively new, privacy-focused cryptocurrency called Mobilecoin.

In fact, Signal has been several steps further since around mid-November 2021. The messenger made the crypto payment function accessible to all its users without causing a stir. Since then, all Signal users worldwide have been able to make digital payments on both iPhones and Android smartphones, which are far more private than a credit card transaction – or a …

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