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

Chronic Idiopathic Constipation (CIC) Treatment Market Growing for Globally, Says a New Report Available at Coherent Market Insights.com
Business
Business

Chronic Idiopathic Constipation (CIC) Treatment Market Growing for Globally, Says a New Report Available at Coherent Market Insights.com

Albert R - October 19, 2018

The Chronic Idiopathic Constipation (CIC) Treatment Market is expected to have a highly positive outlook for the next five years 2018 – 2026 according to a recently…

Neurological Disorder Diagnostics Market latest developments, market shares, and strategies employed by major market players
Business
Business

Neurological Disorder Diagnostics Market latest developments, market shares, and strategies employed by major market players

Albert R - October 19, 2018

The Neurological Disorder Diagnostics Market is expected to have a highly positive outlook for the next five years 2018 – 2026 according to a recently released Neurological…

Forensic Technologies And Services Market Is Expected To Witness A Cagr Of 12.4% During The Forecast Period 2016 – 2024
Healthcare
Healthcare

Forensic Technologies And Services Market Is Expected To Witness A Cagr Of 12.4% During The Forecast Period 2016 – 2024

Mohit Joshi - October 19, 2018

The Forensic Technologies and Services Market is expected to have a highly positive growth outlook from 2018-2024 according to a recently released Forensic Technologies and Services Market research…

Most from this category