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.”

You may be interested

Business

Hearing Aid Market Segmented by Type, Market Demand Industry Growth, Trends and Forecasts 2018 to 2023

Albert R - December 11, 2018

Worldwide Market Reports recently released "Hearing Aid Market Report 2017 to 2023". Most recent market Value and Sales Price in the Hearing Aid Market report classifies the…

Business

Hair drier 2018 – 2023 Future Demand Analysis, Industry sizes, competition, Market overviews

Albert R - December 11, 2018

Worldwide Market Reports recently released "Hair drier Market Report 2017 to 2023". Most recent market Value and Sales Price in the Hair drier Market report classifies the…

Business

Water Purifier Filter Market 2018 – 2023 Research Analysis Report, Application, Top regions, Share, Growth, Revenue.

Albert R - December 11, 2018

Worldwide Market Reports recently released "Water Purifier Filter Market Report 2017 to 2023". Most recent market Value and Sales Price in the Water Purifier Filter Market report…

Most from this category