Bitcoin is very often a topic of mockery because of its existing advanced technology as compared to the upcoming forms of cryptocurrency. Elon Musk, the famous entrepreneur, is very much involved in the bitcoin controversies and is all over the place on Twitter when it comes to satirizing bitcoin. Being the founder of the electric car company, Tesla and aerospace manufacturer, SpaceX, he has wide knowledge about the world of digital currency as well. He played a huge role in the success of the online payment system, PayPal and is reasonings about cryptocurrency are heard widely and watched carefully.
Musk tweeted in July mocking the scams plague “I want to know who is running the Etherium scambots! Mad skillz.” After reading this, Vitalik Buterin, co-founder of Ethereum asked Twitter CEO, Jack Dorsey to “help” them against the tweet by Musk.
After the cybersecurity firm researched about the bot accounts created to fool people on twitter to make them fall in cryptocurrency scams, it revealed that 15,000 such accounts had been created. When Twitter made an attempt to remove all the bot accounts created, it ended up deleting 1 Million fake and suspicious accounts in a single day!
Musk posted a picture of an Anime character in a Bitcoin branded dress on Monday, with the words “Wanna buy some Bitcoin?” Twitter thought Musk’s account has been hacked by one of the Million hackers and creators trying to sell cryptocurrency and hence they locked his account temporarily. In contrast with what Twitter thought, Musk confirms that his account had not been hacked and he himself published the tweet. “Twitter thought I got hacked & locked my account,” he tweeted to confirm.
According to the UK-based entrepreneur and investor Alistair Milne, Musk’s account only got locked because his tweet included the term ‘bitcoin.’ “Tweet about Bitcoin = OMG, hacked, lock his account!!” he added.