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The @Bitcoin Account is Back

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Last Sunday, one of the oldest accounts on twitter regarding bitcoins was suspended. The surprising part of this is that there was no official explanation. There was much speculation regarding this matter. But in the last few hours, signs have emerged that the account has been reactivated and returned to its original owner.

As in the case with real life, the early bid catches the worm. Whoever registered the @Bitcoin Twitter account on August 17 2011 got themselves a prime piece of real estate. As bitcoin grew over the years, so did the account’s followers, reaching 700,000 by late 2017. By that stage, the account had largely fallen dormant, but it sprang back into life in January of 2018 and this time its tune had changed. Rather than passively tweeting out price updates and the occasional news piece, it was now promulgating all things bitcoin cash, and occasionally speaking ill of bitcoin core. This didn’t go down well with bitcoin core supporters, some of whom sought to have the account banned.

On April 8, they finally got their wish when @Bitcoin disappeared without warning. In its place was a standard notice informing viewers that the account had been suspended. There are two types of Twitter suspension: a temporary ban (effectively a timeout for bad behavior) and a permaban, which there is no coming back from. Major accounts to have fallen prey to the latter option include right-wing provocateurs Milo Yiannopoulos and Tommy Robinson, Brits whose views on Muslim immigration and Islamic terrorism may have been pivotal in sealing their downfall. It is hard to imagine what the operator of @Bitcoin could have done to earn a similar fate.

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