Why Was The Official Apple Twitter’s Only Tweet Ever About Bitcoin?

Why Was The Official Apple Twitter’s Only Tweet Ever About Bitcoin?

Oddly sufficient, Apple is understood for by no means utilizing its official Twitter account to market its flagship iPhone or Mac computer systems. However, the one tweet the account has ever made was immediately about Bitcoin to its greater than 4.6 million followers.

Comparing Apples To Oranges, And a Computer Firm To Crypto

Bitcoin was created by the pseudonymous Satoshi Nakamoto sparking a complete business of opponents. Apple was based by Steve Jobs, Steve Wozniak, and Ronald Wayne, and just like the cryptocurrency is the chief in its house.

Apple additionally sparked a sea of opponents and knock offs, very like what has occurred with the emergence of altcoins.

Related Reading | Why Apple Won’t Reveal Crypto and Bitcoin Support at iPhone 12 Event

But Apple is an organization, led by executives and that includes the whole lot from a full advertising and marketing arm to a analysis and improvement division. There’s fixed productiveness pushing innovation and adoption of their merchandise ahead. None of this exists for Bitcoin.

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While each Apple and Bitcoin each have an official Twitter account, Apple’s unusually has by no means been used to tweet to market its merchandise.

It was used, nevertheless, to deliver publicity to Bitcoin. But it isn’t within the constructive method you would possibly count on.

Why Did The Tech Brand’s Official Account Tweet About Bitcoin?

The motive Bitcoin was talked about within the official Apple account’s solely tweet, was as a result of it compromised by a hacker.

The hacker then posted a BTC tackle, together with the generally seen cryptocurrency rip-off requesting a sum of crypto is distributed for double the quantity in return.

Celebrities are often impersonated for such ways, utilizing different accounts designed to imitate the likes of Elon Musk or President Trump. But on this case, the hacker was capable of achieve management of not solely Apple’s official account, however accounts of public figures, musicians, and politicians.

Related Reading | The Most Common Bitcoin Scams And How To Avoid Them

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Jeff Bezos, Joe Biden, Kim, and Kanye had been amongst those that had their accounts hacked.

A 17-year previous Tampa teen was liable for the assault, who was just lately detained by authorities. He’s now going through a full slate of fees together with one depend of organized fraud, 17 counts of communications fraud, one depend of fraudulent use of private info with over $100,000 or 30 or extra victims, 10 counts of fraudulent use of private info, and one depend of entry to laptop or digital system with out authority.

Although the suspect is a teen, the court docket system plans on charging him as an grownup if allowed as a result of crime being financial associated.

Over $120,000 in BTC was transferred to accounts managed by the hacker. There are a number of related scams to be careful for. Be positive to take a look at our record of the most typical Bitcoin scams and methods to keep away from them.

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