Skip to main content

Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours 

An Old Twitter Account Gave Away $10K in Bitcoin Cash Tips in 48 Hours 

Over the last two days, Bitcoin Cash (BCH) supporters have noticed a Twitter handle called @Bitcoininfo tipping a bunch of random individuals and nonprofit organizations significant amounts of BCH. The Twitter profile with 107,000 followers revealed on April 26 that it gave away $10,000 in BCH using the tipping bot Tippr.

Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs

Dispersing $10K in Bitcoin Cash With Tippr

This week the BCH community and nonprofit organizations witnessed a lot of BCH tipping on social media. A Twitter handle that goes by the name @Bitcoininfo spread BCH around the web using Tippr, the social media tipping bot that dispenses BCH. The Twitter account gave away a total of $10,000 worth of BCH over the last 48 hours with its last 0.2515 BCH going to the charity @Eatbch.

Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours

The Twitter handle gave away funds to people like popular libertarian blogger @Libertydoll who had her Paypal account suspended, the group Find Bitcoin Cash, Bitcoin ABC, Bitcoin Unlimited, Flowee the Hub, Libre Office, Openbazaar, and a ton of other random people on Twitter. Some people simply asked the Twitter handle for money and the account just gave them a $50 tip in BCH. One person asked “Can I get $50?” and @Bitcoininfo replied “No,” before sending the user $51 instead.

Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours

The Twitter account also tipped well known crypto luminaries like the developers Jeff Garzik and Gavin Andresen. After giving away countless tips of $50-500 fractions of BCH, the Twitter handle would sometimes tell the user to “spend it, save it or pay it forward.” Some BCH fans did in fact tip other users after getting a tip from the mystery Twitter account. @Bitcoininfo dispersed much larger $500 increments to nonprofits like the Water Project, Tor Project, Eatbch, Bitcoin Cash Association, Coindance, Pathways Canada, the Internet Archive, Ethiopia Aid, East African Center, Gnome Foundation, and Electronic Frontier Foundation. After tipping so many random individuals and organizations, people really began noticing @Bitcoininfo’s generosity. Reddit users on r/btc started tallying up all the funds the account gave away when it reached $6,600.

Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours

A Generous OG Bitcoiner from 2011

Seeing how the account joined Twitter in 2011, one user wrote that he loved seeing early adopters who are “supportive of ecosystem development” give so much. “Looks like @Bitcoininfo is one of the many early Bitcoiners that understands that Bitcoin Cash is Bitcoin,” the commenter on r/btc remarked. “I actually use Bitcoin now (aka: bitcoin cash) — Some people don’t seem to understand that using it as a medium of exchange is making it valuable,” @Bitcoininfo tweeted on April 26. On the same day, the Twitter account stated that it had emptied its tip wallet after giving away fractions of BCH to numerous individuals and nonprofits.

“My Tippr bot wallet is empty now,” @Bitcoininfo detailed on Twitter. “That was $10,000 worth of bitcoin cash in Twitter tips.”

Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours

Of course, the BCH community was thrilled to see the “OG bitcoiner” give away thousands of dollars in bitcoin cash. Many supporters wholeheartedly believe that actually using the cryptocurrency goes much further than holding digital assets for speculative purposes. The mysterious BCH tipper on Twitter is still continuing to spread the word about the benefits of BCH to various people and charitable causes. After the giving spree ended, @Bitcoininfo asked the Bitgive founder Connie Gallippi on Friday if the nonprofit accepts bitcoin cash.

What do you think about the @Bitcoininfo handle giving away $10,000 worth of BCH over the last two days? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, and Twitter.


Have you seen our Bitcoin Cash (BCH) tips generator? Anyone can create tips in order to give BCH by email or printable tickets. Recipients easily redeem tips by visiting a web page with instructions, and if the funds are not redeemed you get the money back. Check it out today!

The post Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours  appeared first on Bitcoin News.



from Bitcoin News http://bit.ly/2DEb1BL

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...