Twitter Suspends Bitcoin Account

Twitter-Suspends-Bitcoin-Account

Twitter suspended the @Bitcoin Twitter account, which was owned by an anonymous user, on April 9, 2018.

The Bitcoin Twitter account is run by an anonymous user, was taken over by a user who claimed to be Turkish, then by someone who claimed to be Russian, before being restored to its previous owner.

“We do not comment on individual accounts so nothing to share. That’s some bullshit if you ask me,” the user behind @Bitcoin tweeted. “I’d like to know why my account was given to someone else, and then when it’s reinstated I’m missing 750,000 of my followers.” Said a Twitter spokesperson.

The @Bitcoin account had over 821,000 followers at the time of suspension. Those followers disappeared, however, Twitter is slowly restoring them.

The account was supportive of Bitcoin Cash, also known as Bcash, which was founded by a group of developers, miners, and other members who parted ways in August 2017. These members, each duplicated the bitcoin blockchain and established new cryptocurrencies, after a dispute over how to address the growing network’s scaling issues.

Bitcoin Cash and Bitcoin, or Bitcoin Core, have an extremely bitter relationship with each other. Some Bitcoin Cash supporters suspected that their enemies on the Bitcoin Core side caused @Bitcoin’s suspension by falsely reporting it to Twitter for spam or harassment.

A conspiracy theory claims that Twitter suspended the account due to the support of CEO Jack Dorsey for Bitcoin Core and US$ 2.5 million investment in Lightning Labs, a startup building technology for Bitcoin Core by him.

Some feel that the @Bitcoin account should not be used by anyone. A cryptocurrency venture capital investor tweeted “Twitter is a platform for people to promote their own agenda. Only right that @bitcoin stays inactive/suspended.”

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