Instagram Banned Bitcoin

[davis196]

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 ?

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.

[bitterguy28]

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.

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.

[Sim_card]

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.

[rat03gopoh]

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.

[wallet4bitcoin]

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 ?

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.

[blackkat071]

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 .

[Silberman]

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 ?

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.

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.

[blckhawk]

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?

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.

[yazher]

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.

[bluebit25]

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

[laurenB7742]

What do you think guys ?

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.

[muliyadi227]

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.

[darkv0rt3x]

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!

[Strongkored]

What do you think guys ?

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.

[michellee]

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.

[SFR10]

From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram.

Based on the image provided by one of the affected users on "this blog post", it appears to be a temporary ban ^{[not sure if that's also the case with other users]}.

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'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.

[AprilioMP]

✂️

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.

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.

source: katadata.co.id

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.

[arwin100]

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 ?

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.

[lombok]

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.

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.

[Juse14]

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.

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.