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Breaking News: Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan
crypto censorship nft twitter bitcoin btc eth

Crypto Censorship Hits Twitter: Top Influencer Accounts Suspended Mysteriously

Tony Spilotro by Tony Spilotro
2 years ago
in Crypto
Reading Time: 3 mins read
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Overnight last night, the Twitter accounts of many crypto influencers and top Bitcoin supporters mysteriously were suspended without warning.

Speculation pointed to accounts being targeted that had previously been tweeting about the popularity of NFTs, causing conspiracy theories to circulate and other major accounts to go private. Here’s what’s really going on behind the strange incident.

The Mysterious Crypto Twitter Suspension Saga

Over the last year, cryptocurrencies like Bitcoin have shown how strong their fundamentals are and how far they’ve come in ten years. And there was never any denying the technology’s disruptive potential.

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However, the asset class still remains more speculative than currently applicable to society. Like the internet before it, that’ll eventually change and real utility will be created, for now, part of the allure of crypto is the speculation itself.

Related Reading | Fund Manager Bashes Bitcoin: An Extreme Form of Libertarian Anarchism

It attracts the likes of angel investors, entrepreneurs, evangelists, anarchists, researchers, economists, and pseudonymous characters who all join in on the predicting future price action and industry outcomes.

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This speculation takes place on Reddit, Internet forums, and social media platforms like Twitter. However, last night, several key crypto industry figures and influencers suddenly had their accounts suspended without warning.

Among the figures whose accounts were locked unexpected, was Bitcoin expert Willy Woo, stock-to-flow model creator Plan B, and popular account Crypto Dog.

total crypto market cap bitcoin twitter

The total cryptocurrency market cap is approaching $2 trillion | Source: CRYPTOCAP-TOTAL on TradingView.com

Word spread that the suspensions were related to NFT discussion, though there’s no evidence to support the spreading conspiracy theory. In response, several other “crypto Twitter” influencer accounts went private to avoid suspension, but when the accounts began being restored, these accounts have since been unlocked.

According to Plan B, users affected began receiving apology letters from Twitter, explaining the situation as a sweeping spam-removing effort that incorrectly impacted some innocent users.

Plan B’s account and all followers were restored after tweeting directly at Jack Dorsey – Twitter’s CEO and well known Bitcoin bull.

Related Reading | Running Bitcoin: Passing The Torch From Hal Finney To Jack Dorsey

Suspensions being related to NFTs aren’t likely, as Dorsey himself recently auctioned off his first tweet ever as an NFT. Dorsey is also the CEO of payments company Square Inc., who is part of the growing list of companies buying BTC as part of their corporate treasury strategy.

Twitter and Dorsey himself have recently come under scrutiny for censorship, which likely caused the knee-jerk reaction by the community to lock down accounts and fear the worst. But Dorsey is a crypto supporter and supporter of innovation, and considering his involvement in Bitcoin thus far, the last thing he’d have his company do is stifle chatter related to innovation in the sector.

Featured image from Deposit Photos, Charts from TradingView.com
Tags: altcoinsbitcoinbtccryptoETHNFTstwitter
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Tony Spilotro

Tony Spilotro

I'm Tony Spilotro. Behind the pseudonym, I'm a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally – to future generations. My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets. It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of. My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me. Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say. Please follow me on Twitter at @tonyspilotroBTC and feel free to drop me a line if you would like to work together.

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