Bitcoin Forum

This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

I don't use Instagram and I am not aware of their ban against Bitcoin and conversation about Bitcoin. Reading your post, I would like to find announcement from Instagram but I got this Binance feed.

Instagram Bans Bitcoin Posts : New Controversy Unfolds (https://www.binance.com/en/feed/post/1272776)

It happened two weeks ago.
Instagram suspend accounts for posting about Bitcoin. (https://twitter.com/WhaleChart/status/1710407416859246642)

Only Bitcoin, but still allows shit coins. They did a right thing and great job to block a best cryptocurrency while allows many scam coins on their media platform.

Instagram is part of Meta and I have not seen Facebook or Instagram have banned advertisements related to Bitcoin or other cryptocurrencies. There are certain criteria and requirements that need to be met before anyone can run an advertisement about Bitcoin. Please go ahead and read this topic to get the right information, About Meta's advertising policy on cryptocurrency products and services (https://en-gb.facebook.com/business/help/438252513416690?id=595195347635322).

Unless there is an official statement from Meta, please do not blindly believe what influencers are saying. In 2018 they had placed a temporary ban on advertisements related to Bitcoin later they removed it. Do remember that content removal on Instagram does depend on community reporting, It is applicable to Facebook and YouTube too.

Ehh whatever. It doesn't really make much sense to have Bitcoin discussion on Instagram — an image photo sharing platform. If I were to guess most of the Bitcoin-related posts there are scams anyway.

Instagram is a paradise for photos to show their wealth, happiness and yes, scams.

True Bitcoin users care about privacy and anonymity so Instagram will not be their favorite platform to discuss about Bitcoin. Who need Instagram to show a face and expose their identity to the crowd?

Twitter is better than Instagram or Facebook for cryptocurrency communities but I know scammers are abundant on Twitter too.

For technical discussions, developments and helps, they can get it on Bitcointalk.

I wouldn't read too much into it either. On the one hand they have banned everything that refers to Bitcoin and "crypto", putting it in the same bag and we already know that everything that refers to crypto ends up being scams or pump and dump schemes. On the other hand, those of us who have Bitcoin don't want people to know about it either, and even less so on a site like Instagram.

Although I suppose that over time when Bitcoin is even more standardized they will have to reverse the decision.

True. But what are they going to post on Instagram about wealth+bitcoin anyway? A picture of their hardware wallet? A screenshot of their wallet app balance? It doesn't make much sense. The only photo I could think of that someone might post are photos in a Bitcoin conference/meetup, and that's pretty much it.

I have not read any official statement of Meta concerning this censorship but some reports claim that they are doing that to protect their customers from scams.  The insinuation that this clampdown is because of the failure of Libra and Diem the proposed stablecoin payment system by Meta can't be ascertained because there is no evidence to prove that point. All social media platforms are owned by individuals which means that they can be controlled based on the interest of the owners. Although Instagram is filled with many worthless projects it is also a good medium to promote bitcoin, however, Meta can not stop the spread of bitcoin.

I have mixed opinions

Actually I agree with some users that there is no need of discusion of bitcoin on a shitty Sotial network like instagram.
But remember that bitcoin needs mass adoption and reach more people in roder to get less volatility, also there is no such thing as bad publicity.
So as a bitcoiners we need that bitcoins become more popular outside of our circle.

Doesn’t surprise me, instagram was bought out by Mark Cuckerberg. We all know about the history he has with the Winklevoss brothers. Maybe Cuckerberg just hates bitcoin.

it's all just interest. facebook has a libra project which is a competitor to bitcoin and of course they don't want bitcoin to be more popular than libra on their own platform. but this won't interfere with the adoption of bitcoin because instagram is just an image sharing platform and has nothing directly to do with bitcoin, so yeah i don't care if they block bitcoin or not.

Its not first time with several social media announced banned bitcoin transaction, other social media social such as Twitter and have Youtube media platform ever banned with cryptocurrency advertising but there are not significant effect and make bitcoin drop. I don't face serious with Instagram banned bitcoin and cryptocurrency because there are not any drastically valuable of bitcoin or cryptocurrency. Regarding when China and some top country against with Bitcoin but there are not any important thing will make bitcoin drop why have serious respond with Instagram banned bitcoin?

There are have several place for advertising of bitcoin and I don't think if Intsgram, Facebook or another platform of social media banned bitcoin will be huge problem in the future.

I have never used Instagram but if they banned it I think it has more to do with constant scams rather than some government regulation which forced them to ban it.

Most likely there were people posing in Porsches and saying that you can make this much money also, just invest in some bitcoin or Ethereum scam.

Or they got those scams where if you send 1 BTC you will get back 2 BTC which are very common on twitter.

You are right, actually social media is the best place to promote business or anything, including crypto or Bitcoin. Because social media can help Bitcoin adoption, and also social media is the best place or nest for fraudsters to carry out their actions and their targets are beginners.
And actually I don't know much about Instagram because I've never been interested in creating an Instagram account. And what is clear is that the positives and negatives depend on the intelligence of each individual so that they don't get trapped easily and don't easily trust anyone before doing detailed research.
Because fraud on social media will never disappear, it will always exist and will continue to exist forever.

It doesn't really matter if Instagram bans Bitcoin because Instagram is a platform used by people who want to share photos and videos.
Instead of Instagram, many users choose to use Twitter (X) to search for information about developments in the crypto world which are relatively fast and sharp even though the platform that belongs to Elon cannot be fully trusted either.

The most active discussion about Bitcoin and crypto here.
Thousands of discussion posts were born on the bitcointalk forum based on ninjastic.space data.
Instagram is not a platform that fully supports freedom of expression.
People who express opinions there can be punished if their opinions are not accepted by certain parties.

If Instagram has not issued an official statement, the information about the Bitcoin ban cannot be trusted.

Doesn't matter if Instagram ban bitcoins or not, it will have no effect on bitcoin. Yes the platform that will ban the bitcoin will lose its user base and popularity but it is not harmful for bitcoin in any way.

Don't know if this news is authentic, but even if it is authentic, it will impact the Instagram and they will have to revert thier decision at some point later seeing the popularity of bitcoins.

It is these platforms that need to adopt Bitcoin, as bitcoin doesn't need these platforms to be popular.

As far as I know, Bitcoin is banned because of scammers who use it to scam investors. And then the banning of cryptocurrencies on Instagram started when ICOs' projects were trending. So we can't blame the Instagram platform either.

They just removed the clutter that Instagram thinks is polluting their social media platform. The only thing that is not really good is that Bitcoin and other cryptocurrencies that have been in this industry for a long time are being misused.

It could be that they could not keep up with the number of new altcoins that pops up every bullrun so they try to chop the "head" first.

I hope IG also starts banning all accounts of "gurus" and "experts" coming out of hibernation from the crypto winter only to start selling subscriptions to newbies for some trade signals again.

In my opinion, Instagram is not very popular among crypto users. Instagram is still under one roof on Meta. Instagram's focus is on social media which is full of endorsements, a place for the world of advertising and flexing. Bitcoin doesn't need that. Do you know why cars like Ferrari and Lamborghini never appear in TV advertisements? Because they know TV viewers will not be able to buy such classy, quality, luxurious and expensive cars. You know the conclusion, right?

I think there is a missing piece in this whole Instagram account banning, what are the chances that such accounts could have been promoting or scamming other insta users and this received overwhelming reports that got these accounts banned or they maybe they got banned for using fake followers or bots ??? And considering this hasn't affected their more popular platform Facebook means these are just some isolated cases imo ::)

Just for arguments sake did these guys ban any prompt crypto related account ??

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Do these guys really think they can compete with Bitcoin, this has to be the joke of the decade  ;D
If they want that seat at the top they better compete fairly and not have a rigged race !!

1.Why don't you post a link to the news source?
2.The news you are talking about are from October 7. At least that's what I found from searching on Google News.
Are you surprised that the social media platforms owned by Zuckerberg (Facebook and Instagram) are censoring whatever they want?
That's why I don't use FB and IG for more than 10 years. I wonder if all the altcoins/shitcoins/tokens are also banned from FB and IG.
I don't consider this to be "shocking news". Google banning crypto ads years ago was also considered "shocking news", but it didn't affect the crypto world in a negative way.

I almost forgot about this Libra project from years ago not Until I read this post of yours.

But do Mark Zuckerberg really believe he can compete and go above bitcoin ? what is the progress of their project now if I may ask?  have no interest in digging their project lol.

and also about this Banning ? like others said , what would be the big effect of a Picture sending Apps to bitcoin when we all need is a proper conversation and delivering to attract people and not just by Photo.
also we knew that there are lot of scam happening in  instagram so better this way to protect the interest of bitcoin user and name.

If Instagram ban bitcoin, it is no big deal as Instagram is not an exchange but only a photo shop. It wouldn't affect the price of bitcoin but rather it will safe people from being scammed through that channel. I guess that many people because of the high scam rate in Instagram has stopped using Instagram, I am an example. Let Instagram be for celebrities and people who loves to showcase their wealth and flamboyant lifestyle. Bitcoin has already gained ground and it is still spreading, bitcoin aficionados should use other channels like twitter.

Good news, does this also apply to Facebook? I just wanna be free from crypto ads that hurt my eyes.
Honestly, I'd rather all undedicated social media platforms ban bitcoin and crypto, especially selling related advertising space. I consider it a free facility for scammers to connect with crowds of potential victims. So far I have no shortage of bitcoin information resources that are more credible than those platforms.

That they shadow ban comments with Bitcoin in it isn't an outright ban. I can say for a fact that an outright ban would be issued officially by the team but until then I consider it not banned. Bitcoin on the other hand, has seen loads of rejections and ban over its short lifespan but has been able to overcome it. Nations, systems, societies, individuals and all have left negative comments about it and have returned back to swallow their words and most of them are now the ones pushing for the massive adoption of Bitcoin. I don't get moved anymore when I hear people banning Bitcoin, I just see another believer.

Recently I got the news of Bitcoin ban in Instagram . Instagram did this
for combating misinformation . Well I don't care much because most of posts there are just a scam to earn money. So I think there's no need of posting our bitcoin tips or topics there .

Besides it is as if people forget but all of those social media websites are private companies and their owners can do whatever they want with them, if they want to ban bitcoin then that is their decision, is it the right decision? Who knows but I doubt many people actually care, as even if there are a few users of Instagram on the forum I doubt they use it to promote bitcoin or to show off their wealth to others, meaning this move by Instagram means absolutely nothing for us.

It's for influencers so they can talk picturesque photos without the worry that the quality will be diminished and your analogy is on point (have a cookie) plus the people that's promoting crypto on Instagram are probably scammers or influencers that are selling you courses you don't really need, if they say in their posts that they can make you rich the way that they made money by giving them a follow while leaning on that Lamborghini or sipping champagne on that private jet, they're going to sell you shit and that Lamborghini and private jet was rented and that champagne was probably the cheap kind you can buy from any liquor store. My point is there's nothing to worry about Instagram banning bitcoin in their platform, they're hurting the scammers and scummy crypto influencers anyway.

If this is true, they are obviously making some cryptocurrencies that will make bitcoins their competitors and they make everything possible to defeat it by not allowing it to be mentioned on Instagram. I wonder where will they gonna push this because they cannot just do it like that because we all know that Bitcoin is way more popular than Instagram and it won't be affected by their sudden negative decisions against it.

I've been seeing this for quite some time now and it seems like the problem is only a small part of the European consumer group BEUC has filed complaints with the European commission and consumer protection agencies , alleges that these online platforms facilitate inaccurate promotions of crypto assets. In fact, it is understandable that some social networking platforms are abused so much with fraudulent activities that a ban is okay. And furthermore, what the OP thinks is important is not anything to worry about, remember those social networks may need Bitcoin but Bitcoin does not need their acceptance alone to grow.

The debate about the balance between freedom of expression and protecting users from potential dangers in the cryptocurrency space is still ongoing :) , Instagram is not the only platform under pressure to control. According to Reuters Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint (https://www.reuters.com/technology/instagram-youtube-tiktok-twitter-target-eu-crypto-advertising-complaint-2023-06-08/)

I don't think this news is shocking because I don't use Instagram and it won't have any impact on bitcoin. I still remember many years ago, Google, Facebook and many other platforms also banned bitcoin and ads related to bitcoin and cryptocurrency. But what's happening so far? They are harming themselves, and they cannot cause any harm to bitcoin. Furthermore, I think no bitcoin and cryptocurrency investors use that social media platform to discuss bitcoin. Nothing but selfies and brags of young people.

However, we need further information regarding what happened, and I hope there is further information from Instagram, so that we can ascertain what Instagram's intention and purpose is for doing this. If someone says they don't care about this information, we still need to share the information and know it for future knowledge. I will keep update information regarding this.

People with Instagram accounts could make a test. For instance, to change their profile pictures to a picture related to Bitcoin to see if there is any censorship on the images. Or upload Bitcoin images to their profiles/feeds/whatever is called!

Will the ban greatly impact Bitcoin users or holders? I think it has no impact at all because Instagram is just a social media platform that is used more towards showing off personal things, that's why many celebrities use it because they need to show off their wealth, activities and so on and Bitcoin doesn't need Instagram because if you want to make useful posts or discussing Bitcoin you can use other social media and Twitter is one that is often used unfortunately only to promote trash coins, and this forum is also a good place to discuss about Bitcoin.

I don't use Instagram daily but only check it every few days. And I also don't know whether that is an official statement from Instagram or just fake news. I also don't think about it too much because it's not important to me.

Even if Instagram later bans Bitcoin, that's fine with me. Instagram is part of Facebook/Meta, and that may be Mark's hidden plan. But I don't know, that's just speculation.

And even if social media bans Bitcoin, that doesn't mean much for Bitcoin. Bitcoin will still have time to become more popular. They will only regret having banned Bitcoin.

Based on the image provided by one of the affected users on "this blog post (https://coincu.com/222085-instagram-bans-bitcoin-post)", it appears to be a temporary ban ^{[not sure if that's also the case with other users]}.

I'm no longer one of its users, but I do know some of our members from the collectibles board use it for compiling/showcasing rare Bitcoin collectibles in order to expand their reach beyond this forum.

It is not necessarily justified to lose user base and popularity when banning Bitcoin because Instagram is not a news platform, only a photo and video sharing platform even though there are crypto news sites that function to share content in the form of photos and videos via Instagram.

Data on active social media users globally as of July 2023.


Without Instagram, Bitcoin's popularity is already high and the majority are familiar with Bitcoin at various age levels because the global world has advanced its development and Bitcoin has become an innovation in the financial system.

Why get affected on things doesn't much give direct effect to bitcoin? There's no huge market there so there's nothing to worry about that banning since people could just use different social media platforms if they want to discuss about bitcoin. And so far what are shared  are just scams just like other people says so just ignore that news and bitcoin is sustainable and it already have huge market.

Only few individual especially bitcoin users use instagram and I also don't have a account on that media platform so for sure bitcoin hodlers doesn't care about that news since you can see that it didn't create any huge noise to the crowd since many know that this is just manageable situation.

That's right, and I'm sure this step has been thought through carefully by Meta & Instagram. I'm sure there are many experts out there, especially in dealing with this matter, we know that the crypto realm is very easy to become a material for fraud, scams and various dirty business methods that only benefit one party. In my opinion, this is the right step and also supports Meta in the cryptocurrency ecosystem. And once again, Meta and Instagram are not targeting Bitcoin, they have projects and have their own targets for increasing their profits.

hahaha...as far as I'm concerned, Instagram doesn't have much influence on bitcoin, whether bitcoin is banned or not on that platform for viewing, in my opinion it won't be a problem and affect people's interest in bitcoin.

What most people know is that Instagram is a place for socialites and unclear video reels to relieve boredom, not a place for looking for information.
What is fraud? I have never experienced it, let alone heard that there is a lot of fraud related to bitcoin or individuals acting in the name of bitcoin on that platform. ???

Any sources or, especially, the banned account in question?

The referred sources on the second post did not even mention which and who is getting banned. Another important thing is the content itself does not get any exposure. I know it's getting banned, but at least the author of the content should explain which kind of post it looks like.

One thing I am aware, Instagram has recently had some controversy, relating to wrongfully labelled translations, they may also wrongfully restrict some content here. If they have a policy regarding cryptocurrency-related restrictions, most companies in this sector should also get banned. Currently, it seems there isn't any.

Instagram ban on Bitcoin may be motivated by the Libra Mark not being authorized or not running well. So Meta finally expressed his dislike for Bitcoin. But will this impact Bitcoin if Instagram makes room? I don't care about Instagram, that social media has lost its existence with the increasing popularity of other social media which are much freer regarding advances in digital asset technology, especially regarding Bitcoin adoption news, etc. Just think about what we should discuss on Instagram? and I prefer not to involve Bitcoin there. Bitcoin influencers still have topics they can discuss and the place is definitely not Instagram.

As I have been saying for a while, if you follow any kind of financial advice from instagram, facebook, twitter, reddit, this forum. You are an idiot and deserve to loose all your money.

There is no vetting, there is no accounting, there is no proof. And now, it's gotten so bad that corporations have to step in to police their users since people are loosing money and their lawyers and the government are looking for easy targets to blame. So they are cutting off everyone. It's easier then dealing with it on a case by case basis.

-Dave

One thing have observe about social media facebook, Instagram, they always keep to their community rules and standards. People talking about scammers and how they have invested there bitcoin on an unreliable platform. So I believe the ban of cryptocurrency on Instagram is as a result of Scammers misleading people,newbie precisely. But with or without Instagram, bitcoin still gain ground. Besides I see no reason why people discuss bitcoin on Instagram, Instagram is a place where celebrity and people showcase there lives and have fun.

I don't want to care about Instagram's very cynical view of Bitcoin, Bitcoin is still Bitcoin even if Instagram doesn't support its existence. There is not much that the more dominant Platforms can do with images and videos that are very short in duration. I don't really like the Instagram service, so I haven't installed it until now. Bitcoin will continue to grow even if Instagram does not support its presence.

instagram is a part of meta and here most different celebrities post their pictures. Instagram is popular only for posting pictures. this is probably why Meta has banned Bitcoin related discussion posts from their Instagram platform. but Meta's other platforms like Facebook, Threads, WhatsApp have not banned cryptocurrencies yet. Meta owner Mark Zuckerberg himself supports Bitcoin so I'm still confused why he banned Bitcoin from Instagram. Maybe he doesn't want to put anything other than just a picture of a person there.

I don't use Instagram, but it's a big platform, so a ban like that would be a significant thing. But honestly, I can't find any reasonable confirmation of an official ban. The info about the ban seens to come from a post on Binance (which doesn't refer to any sources and is just a post by a user), and a short tweet which, once again, has zero sources to back it up.
Protection against crypto scams is important, and I think that the social media platforms need to do a better job at preventing scams from gaining a large audience, but as for Bitcoin discussions in general, that's a different thing, although Instagram doesn't feel like a great platform for such discussions to me, just as to some other people in this thread.
For now, the whole thing seems like misinformation.

Indeed, the recent news is surprising, crypto investors can no longer post about Bitcoin on Instagram on October 6.

Instagram reportedly prohibits users from posting about Bitcoin, several creators said that content related to Bitcoin was taken down or deleted by Instagram, including when searching #bitcoin, there is also information that Instagram is hiding content. This restriction is probably to protect Instagram users from the spread of scams and fraud.

But Instagram rules have long prohibited advertising or promotions related to Ico and have special regulations for crypto products and services so far Bitcoin content on Instagram investments is not taken. So it seems that as long as the content shared is useful, there is no sales element and it is not misleading, it should still be safe. .

From here we can judge that it is clear that Twitter is better for the crypto community than Instagram.

I don't use instagram that much anymore that's why I personally isn't affected by this but surely there are people or company that are affected by this bitcoin post ban. Instagram is under Meta so I'm speculating that facebook is next? This is the reason why we need a somehow decentralized online platform or something that is open to cryptocurrency like twitter. I'm just skeptical of the primary reason of instagram for the ban that it is for the community protection. I wonder if they will lift this ban soon.

From what I’ve managed to see, it’s not an really a ban on Bitcoin to date, but rather it seems that some accounts have been banned (temporalily or, I’m not sure is some, permanently) having allegedly generated content related to bitcoin. Unless anyone has seen otherwise, the amount of cases seems scarce, and is therefore not a norm, nor do we know the specifics that lead to those bans.

There are surely more bans on Bitcointalk of people whose posts are versing on Bitcoin than on Instagram to date, but unless we know the reasons behind we can’t really understand what’s going on (i.e. there are thousands of accounts banned on Bitcointalk talking about bitcoin … for plagiarizing or scamming).

I don't use and don't like Instagram so any such information will not affect they may think that this initiative has been taken so that no one can cheat the users using the Instagram medium. Referring to an ad with this title Instagram says that buying bitcoins will not be allowed. There will be no impact on bitcoin will grow at its own pace bitcoin and several other leading cryptocurrencies are gaining interest here. Many more cryptocurrencies are being launched in this opportunity even if Instagram doesn't support it the demand for bitcoin will remain the same and continue to grow.

I'm surprised to see Instagram banned Bitcoin, but I'm very very surprised to see most of replies in this thread that say they're not use or never use Instagram :D

Most of posts related to Bitcoin in Instagram are either old or cringe or scam, but there are many scams using fiat too and they didn't ban post discuss about fiat  ::)

This dreary social network for narcissists and those who worship things and appearance has once again proved that they are on the path of regression. Obviously, if Instagram is managed by Meta, then Zuckerberg will also ban posts about Bitcoin on Facebook. But I don't care, I don't use any of these boring social networks. I see many examples when people and organizations change their attitude to Bitcoin to a positive one, such as Kiyosaki. And of course this is the right decision.

Thanks for providing the links, you saved some time, hypothetically speaking this is not a good act as you have already said, because in no way this is going to help them and to be honest, I think OP is not sure if the main reason of banning those users is only due to BTC. Because they might have violated some rules and that might have got them banned. Wait a second, this is not the case, few days back when the Hamas and Israel war started, those accounts, which supported the Hamas or Palestine got banned after updating the Instagram.

I already read that post and did not updated my Instagram, even though I did not made any posts against Israel or in support of Hamas or Palestine. But still, the main reason might be that.

They should really have not banned such posts because cryptocurrency has no bad impact on them, but as op said, Instagram does not support freedom of speech and BTC is totally opposite of it that's why they wants to ban such posts but I am still seeing many shitcoins posts daily.

I don’t use Instagram for anything crypto or Bitcoin related. It’s full of fake ads.
I saw an ad once where someone claimed to be able to predict crypto prices with 100% success Posting on Telegram. I thought that was pretty shady.
There are also some shady ads out there. Some people post basic stuff about Bitcoin just to get followers and make some money by selling their courses. I don’t follow any of those, but I do follow some reliable news sites.

Instagram is not a good medium to promote bitcoin so even if instagram bans bitcoin it will not affect bitcoin. Most of the posts and discussions about Bitcoin are on Twitter and Reddit, so even if Facebook bans Bitcoin, there will be no shortage of Bitcoin promotion. I don't use Instagram either so I'm not surprised Instagram bans Bitcoin. Instagram is a beauty house, so only pictures of girls are suitable here, not bitcoins ha ha  :D

Some scammers want to take huge advantage by using it for promoting which is not allowed for Instagram platform. So I don't anxious if they ban it. Instagram is a good platform for photo sharing where they can stop spamming activity if they deserve it. I have seen some Twitter accounts banned in 2020 who promoted ICO. But it wasn't for everyone. Some specific accounts that behaved suspiciously. I think Bitcoin has no problem with that. Because the truth is that Instagram is not a suitable platform for Bitcoin discussions. But the popularity of Bitcoin may allow it to be re-active even after a period of restrictions.

Indeed, this is surprising news for Instagram users to ban Bitcoin from their platform. The conversation about Bitcoin was hidden by Instagram until now Instagram has not provided an official statement on this matter.

But there are already several users who seem to be starting to be affected by this ban. Could it be because Libra and Diem's project failed, or because it was ordered by the SEC or the revenge of the Winkleos who got rich from Bitcoin. For me it's okay that the more bitcoin is banned the more popular it becomes.

But what is clear is that Instagram is a platform that does not support freedom of speech and only displays content according to the algorithm they want. This is very different from X (twitter) which emphasizes freedom of speech. The question is whether Facebook will also follow Instagram which banned bitcoin?

I don't know the background of why Instagram banned anything related to bitcoin, this raises a lot of contraception that is very unclear why they banned anything related to bitcoin, but I just checked several accounts related to bitcoin, such as @bitcoinmagazine and @bitcoin.conference, their posts are still there and still complete I think, some information as well as bitcoin hastags in the sentences conveyed in their posts are also still on their Instagram accounts.

From the news of the ban, I don't know which posts have been deleted by instagram, but overall this does not have any effect on bitcoin itself either on the market or in increasing its adoption, after all I am quite sure that it is very rare for active people on instagram to trade bitcoin.

Since I don't use Instagram that much, even when I open an account, it doesn't even get logged in. But from what I saw from some sources many scammers use instagram to promote their projects etc, if this is the reason for banning bitcoin or crypto currency related posts then I think not bad.
Moreover, I don't have any headache with these decisions of Facebook, x(Twitter) Instagram etc social media. Because they take these decisions whether they are pressured by other rules or regulations or for their own profit. So I don't think any of these reasons will have a big effect on our Bitcoin market.

This is rich coming from a company with one of the earths biggest scumbags to ever live, a guy whos uses things to cheat and scam people left and right, a guy who also SUPPORTS bitcoin and other types of cryptocurrency.  Zuckerberg has like a goat named bitcoin, something like that.

I have several posts about bitcoin that have not been deleted.  Is there an official statement about this anywhere??

They did not ban BTC only, instead, they banned all crypto-related posts published on their platform, well, I use Instagram almost daily, and I rarely find any BTC-related posts, maybe that's because I don't follow crypto-related channels but I do follow one and there posts are save. I will say, if they did not make any official statement then we should not panic and should not give that much importance to this controversy.

Because if they are even banning such posts, then let them, it is in their own harm, as they will lose the users that are there for crypto updates only, and if only a few user's accounts have been banned by the Instagram then they might be violating the rules.

And you care totally right about freedom of speech because all centralized platforms of Meta (FB, Whatsapp, Instagram, etc.) are so manipulative, that they even give like from your Facebook page, or profile to Israel-based pages without informing us.

I was present not aimed at drawing the final conclusions of every opinion because of the Instagram Banned Bitcoin post as the original post title.
@muliyadi227 which has the right to make conclusions because the meeting point has been obtained.
Instagram Banned Bitcoin is not very regretted for Bitcoin lovers because it is far from what people want who do not like to show off wealth and show off things that are privacy on social media.

This will mostly affects those people who promote their project using that platform because I don't think instagram has a positive effects on bitcoin growth, so far bitcoin has already gain popularity even though instagram decided not to allow any content that involves cryptocurrency or bitcoin to be published over there doesn't restricts the growth and widespread of bitcoin also the entire advancement of blockchain technology.
I won't be surprised because of facebook do tried their best to make sure they launched their currency but so far I didn't hear any news about them anymore, so I think that same thing could likely affect IG as well.

Facebook and Instagram are no longer as effective as they used to be. In fact, it has no effect in most countries. If X had done this situation, I couldn't say the same things because X's impact is quite big.

This decision taken for Instagram does not bring any change to Bitcoin, on the contrary, it results in Instagram putting its name in the wrong place. Social media can no longer influence Bitcoin like it used to. In other words, it is not news that deserves much attention. Bitcoin is stronger and more robust than social media.

Scam indeed, they are indeed lots of scammers who have used that platform to exploit weakness in most of the users there and one thing that is certain is that no matter how they continue to warn people still fall victim of the cases. For Instagram to ban Bitcoin, well I would not be surprised although I know they are also benefiting from some of the video ads that some of major CEX and wallet software like LUNO do on their platform.

When some government is trying to ban bitcoin then why should we care about a social media platform that has such a strict policy towards bitcoin that they won't allow their users to chat about it? Also that platform is popular for its image sharing so what is the point of talking about bitcoin there anyway? Who is going to notice or how does it make any difference for the bitcoin community.

I am not sure if this is true, but also I am not sure if its true but just purely ignored. I still have over 100+ accounts that I can follow, they are mainly crypto fun stuff not crypto advice stuff so its mostly jokes and not real like trading advice type of stuff maybe that's the reason. However, all of them are still valid, if I missed a few then maybe they could have gotten banned and I didn't notice, but there is a total of 100+ crypto related places that I still follow, some of them serious news related crypto websites that have thousands of followers too. I guess its not really followed up that carefully and that could be one of the reasons why they are still there. All in all, twitter is still by far better for crypto chatter.

I don't know why there should be much noise about Bitcoin being banned on Instagram.
Instagram is a social platform that is picture and video conscious along with promotions it offers. It isn't an exchange nor does it use the decentralized system or network to function.
There's been so many cases of scammers therein and many of which come in the form to accept BTC as payments only to turn out to be scam.

I have met one or two persons there that were of the ploy to give directions to an NFT site that accepts crypto but isn't legal, or better put, it's a scam site.

Am sure with this ban, the consciousness of dealing with scammers on the platform will be woken and more alert to potential scammers, unless where it's a business account and BTC is acceptable for them, then it is their own egg to fry and not a concern of Instagrams'.

I would say this is  something good because the scams on Instagram ads are getting crazy nowadays. It looks like is the favorite way for the hackers to get new victims, so, I'm not surprised by their decision.

But isn't clear at all if they only banned Bitcoin or everything related to cryptos. Or if they only ban bitcoin on the ads or users are getting banned if mention it. Let's see in the next days how this results and if other social networks takes the same initiative.

I got and read this funny news too lol


Mark said that the reason he banned all forms of advertising containing Bitcoin was because he complied with regulators, but until now he has not mentioned which regulator he is referring to, my big question too, just like you, is why he only mentions Bitcoin, while those who make a lot the people who lose are altcoins and shit-tokens, mark really needs to make more improvements to Instagram it seems lol.

Instagram ban Bitcoin posts and any related cryptocurrency posts were ban due to massive scam happening in the platform.  I do not blame instagram in banning scam posts since this is a just action to protect its users.  Aside from that, I do not think that there is much effect on the Bitcoin market if Instagram prevent its users to post crypto related thing. 



I read the article and it stated other crypto related posts so it is not limited to Bitcoin only.

maybe, they are just playing safe on this matter, and banning crypto-related things on their platform. at least they won't be blamed when scammers attack their users. as most users are still naive from potential fraud owed to crypto-related activities, it is no doubt they don't want themselves to be entangled on this problem.

They can ban all they want, sooner or later they would really be able to realize that they are already late in the game once this crypto market would really be making some moon.
Its not really that totally shocking that there would really be platforms or companies that would really be that banning bitcoin just because of some personal reasons or whatever views that they do really have.
Wont really be that get shocked on the time that they would really be reverting their decisions and telling that they are really that accepting Bitcoin payments instead. lol.

We've seen several similar banning situation but ending up on reverting or revoking those decisions and rather they would really be that getting in line with it.
It is really just that pretty normal that not everyone could really be please out by BTC but those decisions will really be reverted and we are much sure.
Just incase if they would not, then it wont really be that an issue, recognition is really that inevitable.

I'm surprise that you are surprised, it's not something odd or new about other centralized platforms. Instagram is own by Meta, the parent company of Facebook and Facebook don't like crypto related activities, even when they allow people do post, they only allowed them because they aren't to strict about it but the truth is that, they don't like crypto related activities and that's why Facebook and Google don't like crypto adverts, they don't want to feed people with crypto related adverts.

X(formerly Twitter) is the only platform that recognized bitcoin and crypto, could be because of Jack Dorsey influence as he loves bitcoin back then and now you even get a customized tag for Bitcoin. They should continue but if most people that use all this platform decide not to use them again, I believe they are going to see heavy decline in revenue. A time might come when we will start to have our own social media strictly bitcoin and crypto.

I'm not on Instagram and yes, it's owned by Meta(Facebook) too and I don't know if that actually happened for some reason. If they have banned Bitcoin, it is the actual word? What is it for them? Just like some few platforms before that have banned crypto related posts and then reverted it after a while. I'm not shocked and there's nothing to be shocked of with that. It's fine to see do platforms do whatever they think is necessary.

We're done to that period that we're too worried about them banning bitcoin, ads related to crypto's etc. Honestly, I want Google to ban more of these crypto projects that uses them to maximize their viewership because many of them are scams. So, like what I've said, the platform itself can do whatever it want. If management wants to ban bitcoin, the word on their captions, chats, etc, that's their decision and it won't stop us from investing and holding bitcoin just because of that news. And they can't stop the push that's currently being seen and done for bitcoin's price.

But inasmuch that Bitcoin needs mass adoption and awareness to a whole lots of people who haven't know about it's existence, I don't think there should be any issue while it been banned on instagram will stop people from  still creating further such awareness on other alternative social media such as the likes of TikTok, Reddit and Pinterest where they also have larger audience too, and even physical seminars and talk shows will literally also go a long way in creating such awareness too, rather than relying on only just one social media, because one thing I have seen about social media platforms is that it's policies are changed from time to time.

Instagram had been used as a marketing tool by most of the scammers. Whenever we see a post from a popular person and the below comments could all be flown with I made so and so using this much of capital and connected with a URL. This is what happening in the Instagram for a long. Maybe those could've have caused many users loss their holdings.

Instagram is just a memory making platform where users have got access to add regular photos and after years while they look it back it reminds of old days. With more and more features getting added to it, users started using it for different purposes. This is where the management would've decided to end the bitcoin related posts and allowing the shitcoins.

I totally understand how shocked and confused you are by what's happening. The fact that people cant talk about Bitcoin on Instagram does bring up some important issues. Its hard not to wonder if theres something bigger going on here. The Libra and Diem mess may have left a bad taste, but to stop people from talking about Bitcoin? That is a bold move. Even if it has nothing to do with the case, Instagram's choice makes them look bad.

Its interesting to think about the Winklevoss boys, but its very important not to jump to conclusions without solid proof. The fact that material cant be shared shows how powerful these platforms are, often at the cost of freedom, which is at the heart of communication. It is very unfair for Instagram to shape stories based on mysterious formulas, so the company needs to be open and honest. What is the real plan here? We should all be careful and ask questions.

That's actually the top 1 reason. Meta stated that this is to protect the users from scams. Bitcoin becoming more popular and being advertised as an easy way to make a profit out of your investment. There should have multiple reports of scams that's why they have taken action by adding a restriction when it comes to promoting Bitcoin. As I see it, this is for the safety of the users to avoid exposure to fraud/Ponzi schemes.

Exactly, a platform that should be for posting a photo of your daily activities and such but getting used as a channel to promote fraud/scams. How people use Instagram is not aligned with how it was designed. Many people are taking advantage of promoting on Instagram as it can easily be seen by a lot of people.

That title looks like something else, Instagram never banned Bitcoin, only post related to Bitcoin we're banned on Instagram, and that's because of Instagram new ad policy that seeks to restrict the promotion of financial products and services that may not meet regulatory requirements.

The biggest issue with Twitter right now is it's now a social media platform where everyone can shill their crap projects and it's hurting the platform, if Bitcoin is allowed to be discussed, many people will be taken advantage of because many people will also start talking about the next Bitcoin that has the next x1000 potential.

We shouldn't feel concerned about this, because Instagram belongs to Mark Zuckerberg, and it's not the same of Facebook, I think he feels Instagram is special and no such thing should exists on the platform, but who cares? Bitcoin still prevails without the help of any platforms so it's all still good.

Twitter is not like other social networks and that is what makes twitter different, that is freedom of speech, what Elon always wanted when buying Twitter. Although there will be consequences if freedom of speech is not censored, it also has positive aspects if used to talk about other areas such as politics...Furthermore, social media means there will be many users from many different fields, not just crypto users. If you are a newbie and fall into a scam trap, it is your greed that has harmed you, don't try to blame social networks.

But I agree with you, I don't see any effect this will have on bitcoin, bitcoin doesn't need any support from these social networks. Bitcoin is trending in the world and those who ban it are only harming themselves.

Bitcoin's popularity is not only limited to Instagram, but countries, nations, organizations and famous people all over the world are Bitcoin holders. Just banning instagram bitcoin can't stop the popularity of bitcoin. Not long ago, Twitter's new CEO Elon Musk sold all of his bitcoins, which did not diminish Bitcoin's popularity in any way. So it will be the same in case of instagram no matter how many bans there will be no change in the popularity of bitcoin.

There are many different social media platforms that can be used to promote Bitcoin. Facebook, Twitter, Reddit, TikTok, and others related to it are still there. In fact, all social media platforms can be used by exploitative people or scammers.

It seems that scammers are everywhere, especially on Facebook, but Facebook has not banned Bitcoin, except for Instagram. Well, it's their rules, and it's not ours either; probably Bitcoin can even be lost by Instagram. Maybe when the price of Bitcoin rallies in the market, Instagram will withdraw its ban on Bitcoin.

Since Meta is issuing its own cryptocurrency, it may not want other cryptocurrencies to be used and displayed on its platforms. This may be a commercial justification for the Meta but Bitcoin is the origin of crypto and making it invisible and robbing it is to the Meta's detriment. Everyone knows Bitcoin now, and bans only increase its visibility. Banning Bitcoin from the entire platform because of fraudulent activity is not wise. On the contrary, it's cutting people off from the crypto. I hope that Mark Zuckerberg will reverse this mistake as soon as possible.

This is probably what they want the public to believe but I think it’s far from the truth, they are not even entirely restricting all crypto related promotion on their profile but rather they are highly targeting those profiles that shill for crypto currency and not even bitcoin in particular.

And this their action could be as a result of wanting to gain revenue from such promotion, those who are willing to pay for advertisements be it crypto currency or not they will also allow it to be displayed on instagram, their straight rules are just targeting those who are doing their marketing and promotion using their instagram page.

If it's just because he wants to issue his own cryptocurrency, I think there's no point in banning Bitcoin from being discussed on their social media, in fact when Bitcoin is removed it will have an impact on their own social media because there are quite a few people who carry out activities on Instagram social media who talk about it. Bitcoin will certainly leave their social media and instead lose users for this action.

Regarding fraud that occurs on Instagram, of course this is a problem, but that doesn't mean that it actually closes down education about bitcoin itself on their social media, in fact there are many who have nothing to do with bitcoin/crypto, such as other buying and selling, who commit fraud, and this cannot be done can be controlled easily, that reason is quite strange logic in my opinion.

This isn't any deal here. Instagram is one of the many social media platforms out there. Why do we care if they ban bitcoin. Bitcoin is like water, it will always find its way. So if you block it here, there is another opening for it to go through.
Mark Zuckerberg is pained that his own crypto project just like his thread app did get the traction he thought it would and so he ban bitcoin and all things related to bitcoin on his Meta platform. Does this stop bitcoin awareness from growing? I don't think so. How about its adoption? No. What of its price. Still now. What Instagram has done is as insignificant as pouring water in a basket and expecting it to hold.

Cryptocurrency-related advertisements are also banned on Facebook/Meta; it's quite reasonable and no surprise to see why they prohibit anything Bitcoin-related on Instagram too. It's not like it makes any difference, who bothers with cryptocurrency discussions on Instagram. However, I highly doubt that Meta actually cares about their users. I'm seeing a double standard here if we suppose that cryptocurrency advertisements were banned due to the large number of scams, since Facebook is filled with fake advertisements posing as a large corporation that is handing out free or extremely discounted products. Fake Temu ads have been popping up like crazy the past few months.

However, I'm now reading that the ban on cryptocurrency-related services was reversed in 2021 and instead has some relatively strict requirements. Although I don't recall seeing any featuring cryptos for quite a while, Perhaps I've seen it on Binance or Crypto.com, two of the most well-known exchanges, but I wouldn't take my word for granted.

https://cryptobriefing.com/facebook-reverses-crypto-ad-ban/

I don't know why Instagram banned it, but it seems that not all accounts that talk about Bitcoin are banned. I still find one of the accounts I follow on Instagram still posting something about bitcoin, especially about trading education and also investment and opportunities. Obviously I'm not sure whether they will also be banned or not, what is clear is that Instagram is just social media and it is not a discussion forum.

Would someone expect there to be a major impact on bitcoin just because instagram banned bitcoin or something about being there? I don't think that's fair, but some in the media would probably make it as FUD.

Instagram due to its nature is not really the best place for those that want to find out more about bitcoin or to promote it, so this soft ban does not really have too much of an effect on the markets or on the way its users could use this platform, now if we saw the same happening at X then that could bring way more disruption and it could allow the media to generate a more effective FUD as people love to use X to discuss all kind of things related to this market.

Instagram was developed as a place for sharing captured moments at first before a lot of persons start using it for advertising and brand marketing. The main reason for the sanction of crypto related content is because of the security of the community. Scammers are impersonating rich individuals and stealing their content by creating fake clone accounts on Instagram to defraud people by promising 10000x of investments and lifetime wealth. The profile of people mostly used are crypto influencers that have a lot of money made from crypto especially Bitcoin precisely. I remember once when i wanted to go into cryptocurrency i joined a crypto pumped group on Instagram and they directed to me Telegram after i joined the Channel i participated in their first pump i was able to buy 100$ of the coin. After some time, the coin raised and i was seeing 1500$ as my profit but i could not withdraw or place a sell order till the coin dumped to nothing. That was a bad experience for me so i am not against what Instagram has decided because it will do more good than harm.

How is there nothing to publish? In addition to photos from conferences, you can publish photos with lambos, yachts, huge villas and, of course, crowds of mulatto women around - like real goals achieved with the help of bitcoin. :) Although, wait a minute, in Instagram they post photos with this and without reference to bitcoin.


And what's shocking about this? Instagram is far from a top platform for discussing about bitcoin (or disseminating information about it). This is a platform for photos of cats, schoolgirls, blondes with plump lips and vacation photos. How much damage will bitcoin experience after the ban on Instagram? About zero, because there is no target audience there.

There are not so many platforms that support freedom of speech and are becoming fewer and fewer each time. Instagram was never like that.

I didn't find any official statements from Instagram banning Bitcoin subject from being mentioned on the platform. It seems like the ban was directed to some Bitcoin posts only, and not every Bitcoin posts. They may have their excuses to have done this, like fighting misinformation on the platform. People are still free to talk about Bitcoin on Instagram, and if any further censorship happens, the affected users should come in public and show what kind of content was censored, so we can have a better understanding if it was really about misinformation or or just persecution against Bitcoin by the centralized platform's operators.

Have you seen the amount of catfish accounts on Instagram? There are countless number of accounts posing to be successful traders, bitcoin investors or financial experts. They showcase a luxurious lifestyle knowing that will easily catch the eye of people. Scammers use Instagram as a tool of engaging their victims, IMO I think this ban will do more good than bad in terms of reducing investment scams online.

It’s silly to think that Instagram ( a social app where people post happy moments and lifestyle) is a place to get financial advice/investments, there are social media platforms that are “business and employment-focused” like Linkedin.

Banning wont really be that shocking anymore on which platforms could neither be that allowing crypto related ads or post but doesnt mean that they are really that against with it, there are really that post or things involved with scams on which it would be normal that they would really be moderating for potential scams and just for the sake of peoples safety which it isnt bad. When it comes to decisions something like this then i dont really see for it to be that an issue because crypto community wouldn't really be caring at all because we been through lots of bans and restrictions but the price didnt really that go down hard.
There's always that recognitoin, it might be having some temporal dips but we know that in the end of the day, it would really be that going that low on which it wont really be that
shocking anymore.

They can ban all the ywant but pretty sure those effects wont really be that long lasting. If the price would dip because of ban news but it would really be making out some recovery
later on, on which its not really that shocking because community is really that strong and really that being supportive on what Bitcoin is really that making.
Banning is not new but doesnt mean that there would really be no u-turn on the future, lets see if they would really be making up such opposite decision.

Is it so ? Who are those users who have been affected and how ?
Instagram banning bitcoin is good according to me because there have been several scams going on in Instagram.
So it's good that they suspended those accounts because they were promoting scams anyway.
Besides that, bitcoin doesn't need the support of any social media platform because it has it's way to reach the audience anyway.

Since Bitcoin conversation has been banned from Instagram I think it's good because Instagram doesn't need Bitcoin that much. Where the discussion of Bitcoin is criticized on various big and popular platforms, there will be no negative impact on any Bitcoin even if it is not discussed on Instagram. Where Bitcoin is discussed on Medium, Twitter, Reddit and many other popular platforms, Instagram is not very important. As it becomes popular, more and more platforms will quickly transact with Bitcoin and discuss Bitcoin as a whole. As the demand of Bitcoin is increasing day by day, the number of investors of Bitcoin is increasing, so I think even if Bitcoin is banned on Instagram, it will not have any negative effect on Bitcoin.

Who cares? Instagram isn’t the only place we can talk about crypto and it certainly isn’t the best place. People there want to show their new car, how fun their vacations was, their shiny jewelry etc… Maybe some crypto people spammed their stuff too much on the platform and it triggered Zuck. In the end most people on instagram don’t want to see crypto or talk about crypto. They want to see pretty girls and happy people doing happy things. When people saw too much crypto in their feeds, it drove people away probably and Zuck didn’t like it.

There are plenty of other platforms where we can discuss crypto. Twitter, reddit, btt are still alright. They can have instagram. I never visit it anyway.

Without a doubt, banning something has become such an old trick, right? When there is a ban or restriction, there is a shock wave that goes through the market, but let's be honest: the core community is still strong. The core of crypto, especially Bitcoin, is built on being strong and flexible. These bans are only short-term problems. The neighbourhood? Very strong. As we can see from past, the crypto community has been through a lot of bad things.

The never-ending cycle of bans and returns is now easy to guess. At first, theres a drop and maybe a little fear. But what happens next? Get better. Because people in the community know that crypto has worth and potential on its own. There have been many times when Bitcoin has shown its strength and shown doubters to be wrong. Today is a ban? A possible U-turn tomorrow. We can only wait and see what happens, but what about the community? We plan to stay here for a long time.

Restricting something is the oldest trick in the book to raise a wave of complaints and possibly the easiest solution to acting like you've accomplished something. However, I doubt that anyone would even bother with Instagram; it's supposedly for photos, not to promote sophisticated investment strategies or cryptocurrencies; its users aren't the right audience. It is, however, filled with so-called influencers with pyramid schemes that no one seems to put a stop to, and they are a plague on social media, scamming unsuspecting people who're trying to figure out a way to make extra money.

With that being said, there's no doubt that such a restriction would cause zero damage to cryptocurrencies whatsoever. I highly doubt that the Meta ban actually had any effect either.

Most of the advertisements I see about bitcoin on social media, I believe, are doing so for their own personal interest. Most of them are scammers looking for someone to scam, some of them claim to be signal providers, and some are looking for referrals. When you believe every advertisement you see about bitcoin on social media and decide to follow what they say, you are likely to be scammed at the end because they are doing the advertisement for a purpose.

I can't really remember when last I used Instagram, and I don't know anything about the ban that the OP is talking about. This is my first time hearing about the ban, I don't know how true it is, but I know the ban will just be temporary, just give it a few months, and I am sure the ban will be lifted. Actually, I don't really know why they decided to ban bitcoin, because it's not only Instagram that's used to advertise bitcoin. Even though we know that most people doing the advert are doing it for a purpose, other social media's are also used for bitcoin advertisements, but they didn't ban bitcoin.

Instagram does not have a significant impact on the development of bitcoin so whether it is banned or not is not a problem. Even when Bitcoin was banned by Instagram, it didn't have any influence on the price of Bitcoin. Besides, most people know about Bitcoin from the news or other media, Instagram only plays a small role in Bitcoin promotion so it doesn't matter at all.

If according to what you say, it is right for the social network Instagram to ban bitcoin? Because you said you only see bitcoin related scam content on there. I remember that it was social networks that brought bitcoin to me and I believe that many others are like me. I do not deny that there are many scammers on social networks, but they do not cover all of those social networks, there is still a lot of useful knowledge or sharing on those platforms. Our job is to curate followers and information to learn from.


Banning bitcoin will only bring damage to Instagram itself and bitcoin will not have any negative effects because bitcoin has never needed any centralized platform.

This news might have negative and positive impact to acknowledgement to Bitcoin as people might think if it's bad or be curious enough to explore what is Bitcoin. But it's true that even Instagram banned Bitcoin into their platform, it wouldn't change Bitcoin's potential, but it might have affect into people's perspective into Bitcoin by simply knowing the news about Instagram banning Bitcoin. But I think if it's twitter banned Bitcoin, it might have affect a lot of users that are relying from the platform by using Bitcoin's promotion. Cause for me that's the platform that most of the people use here in my country for crypto related topics.

Do you see any negative impact from this news on bitcoin?  there won't be any negative impact on bitcoin with this type of junk news.  I seem to see this as the only topic being discussed about this news, I don't see any social media platforms discussing this issue or anyone interested in it. 
Even big news like a major power like China banning bitcoin doesn't stop people from investing in it, so what is Instagram?  nothing, it's just garbage for bitcoin.  you're overestimating a centralized social network like Instagram. By the way, do you have an account there?

Yes, you are right that the ban on Instagram did not have any impact on Bitcoin and did not present any hurdle to Bitcoin. Bitcoin is a brand for itself; it does not need any social media to accept it or not, but because of its excellent qualities, everyone is getting to see it prominently, and in fact, Bitcoin has shown its skills. Which everyone knows. It can reach the value of one bitcoin by collecting the income from all the social media platforms. It is not possible that this social media platform will create its own value by creating competence in itself, like Bitcoin. In fact, there is no justification behind the activities of these people, but they are jealous of Bitcoin by making lame excuses.

By banning Bitcoin, Instagram has put itself at a disadvantage. There are many users on Instagram who take or accept bitcoin as payment for businesses like brand buying, product selling, etc. So if this is seen, I think now all these users will dislike Instagram because their businesses may be affected by banning Bitcoin.