Biden’s campaign got caught up in the recent Twitter hack, prompting Joe Biden to reveal how much Bitcoin he has. Unfortunately he doesn’t have any Bitcoin to send your way.
Biden revealed the fact in a tweet on Thursday, cleaning up the mess left by the Twitter hack that had compromised 130 high-profile accounts the day before. The attack took control of dozens of accounts, including those of former United States President Barack Obama and the official Apple account.
The hackers used the accounts to promote a fraudulent Bitcoin-related initiative that lured unsuspecting users into sending Bitcoin to addresses controlled by the hackers. Approximately $ 120,000 in Bitcoin was sent to fraudulent addresses before Twitter managed to regain control of the accounts.
Biden’s Bitcoin clarification tweet also included a link to the campaign’s donations page. True to its word, the campaign only accepts donations in USD, disappointing applicants to donate Bitcoin.
Other prominent Twitter users outside of the cryptosphere have discussed their Bitcoin holdings in the past. Elon Musk, another victim of Wednesday’s hack, earlier this year. revealed the size of his modest stake (about $ 2,500), while tech entrepreneur and Shark Tank star Mark Cuban argued her small build on a recent podcast (~ $ 130).
Other Democratic candidates have had more to say about digital gold. In June 2018, former Democratic candidate Andrew Yang said he thought blockchain technology had “great potential.” His campaign accepted Bitcoin donations.
Notably, Yang has had Bitcoin on his radar since at least 2013, when he tweeted about a price crash below $ 600.
President Trump tweeted about Bitcoin and other digital assets last year, pointing to the potential to facilitate illegal behavior and calling Facebook’s Pound as an attempt to circumvent U.S. banking regulations.
As the COVID19 pandemic continues to sweep across the U.S., digital payments they are programmed to become a growing part of everyday life. Both candidates may be forced to rethink their positions on what a currency does and how crypto assets will affect the digital economy.
