Twitter Suspends Popular Pro-Bitcoin Accounts

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In Brief
  • Twitter suspended the accounts of multiple bitcoin analysts.

  • Accounts were restored after six hours.

  • Twitter support claims the accounts were mistakenly flagged as impersonators.

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Twitter recently suspended the accounts of multiple popular bitcoin analysts. The accounts in question have since been restored along with their followers. Twitter Support claims its system mistakenly flagged them as spam accounts.

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The handles @Woonomic and @100trillionusd are quite popular among members of the Twitter cryptocurrency community. Each currently has over 300,000 followers and primarily focuses on bitcoin-related content and statistics.

Pro-Bitcoin Twitter Accounts Axed

The suspension came as a rude shock to the bitcoin community and elicited diverse opinions.

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https://twitter.com/wmiddelkoop/status/1369529776566923269

Some users suggested that the suspension may be the result of their use of paid subscription offerings. However, others claimed it was likely a mistake that Twitter made while removing spam bots. Twitter gave no concrete reason for the bans at the time.

The Woonomic handle is run by early bitcoiner and tech enthusiast, Willy Woo. Woonomic is renowned for sharing on-chain bitcoin analysis and statistics to his massive following on Twitter.

The PlanB (100trillionUSD) account was also suspended along with losing all 300,000 followers. PlanB is most famous for his bitcoin stock-to-flow model, using “scarcity to quantify bitcoin value.”

Bitcoin S2F Model by PlanB

Accounts Restored

Twitter has now lifted the suspension on both accounts and their followers have since been restored.

Willy Woo followed up with Twitter Support and shared the email response. Apparently, Twitter spam bots mistakenly flagged both accounts while removing multiple automated spam accounts.

100trillionUSD gave further clarification on the ban. He stated that several victims of scammers and impersonators reported the account thinking they were the bad actors. In response, the accounts have allegedly requested that Twitter verifies them to prevent a recurrence.

Decentralized Twitter in the Cards?

The recent purge has caused users to look towards a decentralized system for social media. An avid bitcoin enthusiast, Twitter chief Jack Dorsey mentioned that Twitter is working on a decentralized standard for social media.

Dorsey said Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers” to work on the project.

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Daniel is an avid blockchain and cryptocurrency enthusiast. He gained interest in the digital asset space in 2017. Since then, he started writing educational content to spread the word on the distributed ledger technology.

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