In an interesting twist of events, Twitter, the social media platform spearheaded by Jack Dorsey, one of Bitcoin’s most influential proponents, has now suspended some major cryptocurrency-related accounts.
Twitter has suspended numerous accounts that are related to cryptocurrencies.
Some of the most popular ones include those of PlanB, the creator of the Bitcoin Stock-to-Flow Model, Willy Woo, one of the most influential Bitcoin and crypto analysts, as well as Carl ‘The Moon’ Runefelt – an influential trader and crypto proponent.
Just got a text from @woonomic, looks like his account got suspended along with @100trillionUSD … WTF @Twitter this is unacceptable, these guys are some of the BEST Financial Analysts in the World @TwitterSupport need to look into this ASAP!
— Tone Vays (#EndLockdowns) (@ToneVays) March 10, 2021
Others include the account of the self-proclaimed WSB Chairman, as well as that of well-known influencer Koroush AK.
At the time of this writing, there’s no information as to why those accounts are being suspended.
As a precaution against this, other influencers are now beginning to turn their account settings to private.
Speaking on the matter was Loma, a cryptocurrency trader with over 100,000 followers, who said that his account is now private “cause Twitter bots and mass reporters (?)”
This isn’t the first time a centralized content-sharing platform has censored crypto-related accounts for no apparent reason.
Last year, YouTube was doing the same thing, suspending accounts and shadow-banning Bitcoin-related videos.
This comes as somewhat of a surprise, though, because Jack Dorsey, the CEO of Twitter, is well-known for being one of Bitcoin’s most influential proponents.
PlanB’s account has been restored. He commented on the matter:
Just woke up to see my account suspended and all 300k followers gone. No explanation from twitter, no dm, nothing. Does anybody know what happened? More accounts having this problem? @twitter, @twittersupport @jack HELP!!!
— PlanB (@100trillionUSD) March 10, 2021
Willy Woo’s account has also been restored but, at the time of this writing, his followers’ count is not fixed.