Bitcoin Twitter Suspended, Hijacked and Restored as Twitter Balances Free Speech in the Age of Crypto Disinformation

Published on by Cryptoslate | Published on

The account was apparently a casualty of the ongoing drama between Bitcoin and Bitcoin Cash, two rivals who suffer from an identity crisis over who is the "Real" Bitcoin.

Bitcoin and Bitcoin Cash share a timeless rivalry interspersed with conspiracy theories and far-flung paranoia.

The rivalry began with a difference in opinion over how to solve Bitcoin's scaling issues, which would prove irreconcilable.

In August 2017, Bitcoin Cash forked from Bitcoin, polarizing two passionate groups with different visions for the future of Bitcoin network.

Bitcoin intends to solve its scaling weaknesses through network upgrades like Lightning and SegWit, opposing hard forks as a matter of principle.

Bitcoin Cash supporters have a different point of view, with some considering BCH to be closer in intention with Satoshi's vision outlined in the Bitcoin whitepaper, and believing that Bitcoin should be used solely as a store of value and not as a transactional cryptocurrency.

It is owned by someone involved in Bitcoin since 2009.

He supports #BCH, is well known in the Bitcoin ecosystem, but doesn't want to deal with incessant trolling so he has chosen not to make his identity public.

A deeper conspiracy theory says that Twitter suspended the account because of CEO Jack Dorsey's support for Bitcoin Core and $2.5 million investment in Lightning Labs, a startup building technology for Bitcoin Core.

DISCLAIMER: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate.

x