‘Absolutely nuts’ — Crypto community reacts to X suspension in Brazil
Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil’s lead.
Members of the crypto community expressed their frustration on social media on Aug. 30 after a Supreme Court justice ordered the suspension of the platform X — formerly known as Twitter — in Brazil.
“Brazil is absolutely nuts for banning X. But the US is equally nuts for attempting to ban TikTok,” Scott Melker aka “The Wolf of All Streets” told his 959,300 X followers on Aug. 30.
Crypto community reacts negatively
Another user by the name of “MrMoontastic.eth” highlighted that “Brazil will not follow the bullrun news. Very sad.”
One crypto analyst even made comments about the importance of decentralized currencies such as Bitcoin following the announcement.
“I wonder if a decentralized, uncensorable, scarce, digital, global monetary asset might be useful for the world right about now,” Glassnode lead analyst James Check stated.
“Is anyone building something like this?” Check added.
Meanwhile, tech lawyer Preston Byrne believes that if Brazil “succeeds” in its battle against X, other countries may follow its lead.
“If Brazil succeeds in beating X, the EU, UK, Australia, Canada will ban X next,” Byrne explained in an X post.
“If X beats Brazil, censorship regimes around the world will be shown to be toothless vs Americans, and rapidly fall,” Byrne added.
Get to know Godleak
Godleak crypto signal is a service which provide profitable crypto and forex signals. Godleak tried to provide you signals of best crypto channels in the world.
It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.
Godleak crypto leak service have multiple advantages in comparision with other services:
- Providing signal of +160 best crypto vip channels in the world
- Using high tech bot to forward signals
- Without even a second of delay
- Joining in +160 separated channels on telegram
- 1 month, 3 months , 6 months and yearly plans
- Also we have trial to test our services before you pay for anything
For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features
Join for Free
☟☟☟☟☟
https://t.me/Godleakbot
Also you can check the list of available vip signal channels in the bot. by pressing Channels button.
Musk given firm deadline
The ban came after Elon Musk refused to name a legal representative for the social media platform.
On Aug. 30, Cointelegraph reported that Justice Alexandre de Moraes followed through with his intention to shut down X’s Brazilian operations if Musk failed to appoint a legal representative by Aug. 29. X’s Global Government Affairs team said the platform “would not comply with [Moraes’] illegal orders to censor his political opponents.”
Moraes had been investigating X for allowing and promoting misinformation related to former Brazilian President Jair Bolsonaro.
The suspension came nearly two weeks after X claimed that Moraes threatened its legal representative in Brazil with arrest.
In response, the social media company announced on Aug. 17 it was closing its operations in Brazil but that the service would remain operational for all its Brazilian users.
