Not all ads are good for Bitcoin
Massive attack of bitcoin scammers on Twitter cost victims $ 120,000.
Bitcoin is in the spotlight.
The opinions of the crypto community members about such “glory” differ..
International consortium of news organizations, developing transparency standards.
The scandalous Twitter hack attracted bitcoin attention of millions of potential new users. but not everyone thinks that the cryptoindustry needs such advertising.
Previously edition BeInCrypto already talked about a coordinated hacker attack on the most popular social platform Twitter. Its result was the hacking of dozens of official accounts of celebrities and companies, from whose pages users various fraudulent offers related to bitcoin began to be sent.
To scammers promising to double investors all their investments in bitcoin, managed to lure bitcoins from gullible victims in the amount of about $ 120 000. Given the number of big names involved in this scandal, this time the Bitcoin scam was not talked about only the crypto community, but the entire internet. This raised an important question: how much does Bitcoin need such fame??
“Any advertisement is a good advertisement”
According to the analytical company LunarCRUSH, the number of posts and messages in social networks on the topic of cryptocurrencies soared in a day to record values. The company’s experts said that the total quantity crypto-related posts on Twitter, Reddit, YouTube, Medium and other social platforms exceeded 550K., moreover the statistics did not include mailing bots and other spam.
Many people felt that any advertisement – this all the same advertising. They were encouraged that Bitcoin got into the main trends of the day, along with names like Bill Gates and Elon Musk. Draper Goren Holm’s Adam Levy wrote that Twitter scandal has resulted in unprecedented growth the level of awareness of bitcoin among those who have never touched the topic before.
Enthusiasts believe this will ultimately benefit bitcoin.
“All That Glitters Is Not Gold”
However, not everyone shares this optimism. According to their opinion, similar ways to raise awareness of the general public cryptocurrency are highly questionable. So, Danny Scott, founder of British exchanges CoinCorner is not considers this story “good news” for bitcoin.
“It’s a shame that people associate Bitcoin with Twitter hacking, especially given the fact that Bitcoin itself has never been hacked,” he writes..
Meanwhile, he adds, people have personally approached him with a question about “hacking bitcoin.” Obviously, Scott explains, they are not even in course all the details and simply do not understand what the essence of the problem is was not in a decentralized cryptocurrency, but centralized service.
As a result, bitcoin Total only found himself embroiled in yet another scandal related to fraud and criminal activity. Between themes, as the host commented news podcast Peter McCormack, “Everyone already knows about Bitcoin. This did not benefit either Bitcoin or Twitter. “.
The only ray of light in this situation can only be called the fact that Bitcoin has become for hackers “currency default choice “, as this reflects their confidence in Tom, what BTC represents reliable the Internet-money and assets, by which can will be easily make calculations anywhere in the world. So says Nick Carter, founder of Coin Metrics and Castle Island Ventures.
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