Jack Dorsey’s Twitter Account Gets Hacked-What Does It Mean For BTC?

Jack Dorsey’s Twitter account got hacked this week and the hackers even posted a bizarre list of texts including racial slurs and bomb threats but what does the hack mean about Bitcoin? Let’s find out in the coming altcoin news below.

The CEO of Twitter and Square had his personal Twitter account hacked. Dorsey was a very vocal supporter for Bitcoin so what kind of impact will the hack have on the number one cryptocurrency? as per some of the analysts, there is no direct link between the two but it does remind us about security. The media made a huge thing about Dorsey getting hacked on his own platform and spiked mass panic since he as a CEO got his account hacked and the users started to wonder what does this mean for the rest of them. Of course, the media completely missed the point because Jack Dorsey’s Twitter account is no different than a normal user and he doesn’t have additional security measures and if he has why all the other don’t accounts have the same?

The point is that the CEO of the famous social media giant is just a human being like every one of us. He is also a popular person so it is more likely he gets more targeted than anyone else. As great as any security measures, users are always the weak link in the chain. This also applies to Bitcoin, Twitter and anything else popular. Ultimately, the responsibility is mainly ours as users to do everything that we can to protect our accounts. Users usually store all of their data electronically and rarely lock screens and lose things around us. When it comes to security we need all the help we can get.

In order to increase the security, we should take all of the steps that we can do to protect the accounts that we have and our crypto investments and this also means employing such means as two-factor authentication and also people should stop storing their investments on exchange wallets because they are not as safe as a hardware one as we already explained millions of times and as noted in the best cryptocurrency news sites out there.