Opinions

Bitcoin Subreddit Hits One Million Subscribers

Bitcoin is setting its roots into the social world. Proof: Subreddit for Bitcoin named r/Bitcoin hits 1 million subscribers.

With all the media attention it grabbed and the chaos it caused in financial sphere; it was bound to happen.

This subreddit was created on September 9th 2010 — almost 2 years after the famous Bitcoin whitepaper was published by Satoshi Nakamoto.

Aimed to unite all enthusiasts under one banner, r/Bitcoin initially didn’t win over people until November 2017 came over and Bitcoin started running over everything.

Since then, this subreddit has come a long way.

‘A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics.’

The subreddit has seen many allegations of moderation and censorship and was forked into r/btc but r/Bitcoin outruns r/btc by triple the subscribers.

There’s this thread on reddit that explains this clash.

‘On hardforking: If Bitcoin is so vulnerable to reddit posts and a man who codes in the open, that it requires censorship to stay safe, perhaps it is destined for doom after all.’

Clash of ideas and opinions is natural. The division is natural. But what’s important is that Bitcoin wins.

r/Bitcoin currently ranks at number 121 according to subscribers. A long way to go but we’ll get there.

Show More

Sarim Mehmood

An electrical engineer to be. Sarim is a blockchain & crypto enthusiast and an early investor in ETH and Ethereum based projects. Email: sarim@blockpublisher.com or contact the editor at editor.opinions@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.