The Nutshell IssueYesterday Twitter was hacked in a way that pales to any hack before. The attack hack went after iconic Twitter accounts: Barack Obama, Bill Gates, and many others that were followed by millions of people. The attack also went after the accounts of businesses in the Bitcoin and cryptocurrency industry and some other businesses in general. Fortunately the attack did not hit the President of the United States account. But it could have.
|Photo Screenshot from: https://gadgets.ndtv.com/|
We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.— Twitter Support (@TwitterSupport) July 16, 2020
|From Blockchain.com -- Bitcoin address used in Twitter Hack|
Despite gaining control of the most prominent accounts on Twitter, it appears the attacker has made off with only a paltry sum thus far. Very little to show for, given the options and what was at stake. Maybe this wasn't about the money....— Cameron Winklevoss (@winklevoss) July 16, 2020
It Doesn't Matter Why There was a Hack
|Mastering Bitcoin by Andreas Antonopoulos|
Bitcoin Security Example
Bitcoin like Linux is here until it isn't
|Today Microsoft is a platinum corporate member of the Linux Foundation.|
Bitcoin Fixes This
Bitcoin is what I like
I could be wrong but Bitcoin is what I like and as long as I participate it will stay here. Since I have entered the space and I have obtained some bitcoin with my hard earned FIAT my ability to exchange BTC for more fiat has increased. I hold onto it and I earn interest. So regardless of what the value is I earn more Bitcoin. I'm not rich by any means but I have the ability to travel anywhere on and off this planet with money that can not be seized or stolen without my consent.
I'm over simplifying things and the truth is that I can be hacked too. So I have to work hard to take care of my earnings or at least be mindful of my processes. But I never had any amount of money when I only understood USD. I was just trapped in the cycle. Now I am better off than I was in August of last year when I signed up for an airdrop.
If I loose my Bitcoin holdings I will still try to get back in the saddle. I tell people to just get a small amount and watch what happens. As Andreas Antonopoulos says in many of his educational talks the best thing to do is to earn it. Right now if someone would pay me in Bitcoin for a job I would do it for 75% of the market value it currently has in USD because I know from the data that Bitcoin has outperformed the US Dollar consistently since 2013.
Whether you like or dislike Bitcoin it doesn't matter.
There are a few facts I'd like to point out:
Everyone one who has touched Bitcoin has increased the quality of his or her life.
There is an unlimited amount of education that is free about Bitcoin.
Do not believe anyone who tells you you can get rich!
Ignore all politics, riots, social injustices and the noise!
If you have Bitcoin you will be able to control your labor. Thus you can not be a slave to a currency that is based on the opinions of wealthy people who devalue it by sharing it with other wealthy people. As Robert Breedlove points out in the Masters and Slaves of Money the blatant deception of counterfeiting the ancient currencies of African by Europeans led to the atrocity of slavery of humans! Africans were bamboozled out of their wealth and into slavery. This is also what is happening to all of us who are not part of the great corporate social and political system of the Federal Reserve.
So Twitter was Hacked, Big Deal.