0.07%
1.06%
1.59%
BTC
$64,159.48
0.24%
2.34%
7.61%
ETH
$1,878.64
0.13%
0.80%
1.13%
BNB
$576.27
0.13%
1.62%
0.29%
XRP
$1.10
0.10%
1.99%
2.67%
SOL
$75.93
0.06%
0.36%
2.71%
TRX
$0.32323552
0.14%
1.16%
0.24%
DOGE
$0.07317507
0.23%
1.30%
2.20%
ADA
$0.16310321
0.06%
1.27%
8.91%
LINK
$8.44
0.42%
0.46%
3.15%
LTC
$45.31
0.07%
1.06%
1.59%
BTC
$64,159.48
0.24%
2.34%
7.61%
ETH
$1,878.64
0.13%
0.80%
1.13%
BNB
$576.27
0.13%
1.62%
0.29%
XRP
$1.10
0.10%
1.99%
2.67%
SOL
$75.93
0.06%
0.36%
2.71%
TRX
$0.32323552
0.14%
1.16%
0.24%
DOGE
$0.07317507
0.23%
1.30%
2.20%
ADA
$0.16310321
0.06%
1.27%
8.91%
LINK
$8.44
0.42%
0.46%
3.15%
LTC
$45.31
   /       /       /    Peter Todd: without social media, bitcoin might not have existed

Peter Todd: without social media, bitcoin might not have existed

Питер Тодд: без соцсетей биткоина могло не быть

The well-known Bitcoin Core developer Peter Todd criticized initiatives to ban social networks for teenagers. According to him, it was at a young age, through social media, that he communicated with the pioneers of cryptography and worked on the ideas that became the foundation of bitcoin (BTC). He noted: the United Kingdom, Australia, and Canada want to ban such communication.

The reason was a statement by UK Prime Minister Keir Starmer on June 15 about banning access to social networks for children under 16. The restrictions will affect TikTok, YouTube, Instagram, Snapchat, Facebook, and X, and are due to take effect in the spring of 2027. Australia introduced a similar ban back in December 2025, and Canada is moving toward similar measures.

Want more exclusive news and analytics? Subscribe to our Telegram channel, discuss the news and share your opinions on the latest market events in the chat!

Peter Todd's personal argument

Todd said that he started using social networks at the age of 12, communicating with technically savvy adults about programming and computers. At 15 he was already corresponding with cryptographers Adam Back and Hal Finney, trying to invent bitcoin.

The names Todd mentions are key to the history of the cryptocurrency. Adam Back created the Hashcash system, to which bitcoin's official whitepaper directly refers, and Hal Finney became the first recipient of a bitcoin transaction from Satoshi Nakamoto.

Todd's main idea is simple: banning social networks for teenagers would cut talented children off from the environment where breakthrough ideas are born. By this logic, under such rules his own path into cryptography might never have begun.

The debate over internet freedom and child protection

Todd's post became part of a broader discussion. Another user cited the example of Kane Parsons — a 20-year-old director who started a YouTube channel at nine and over years of practice grew into the author of a feature film. In the user's opinion, under a ban teenagers would lose almost a decade of creative practice.

Source: BeInCrypto

18-06-2026
Cryptocurrencies / Cryptocurrency News

Cryptocurrency News

Thetanuts hacked for $2.1M: what is known at this hourThetanuts hacked for $2.1M: what is known at this hour10x Research: the main SpaceX trade begins after the IPO10x Research: the main SpaceX trade begins after the IPOBig investors are buying the bottom: Strategy — Bitcoin, BitMine — EthereumBig investors are buying the bottom: Strategy — Bitcoin, BitMine — EthereumA bet against the market: a trader with a 90% win rate shorts ETH for $29MA bet against the market: a trader with a 90% win rate shorts ETH for $29M

Random quote about money

"За деньги нельзя купить друзей, но можно завязать немало интересных знакомств. Есть вещи важнее денег, но без денег эти вещи не купить."

Проспер Мериме

Interesting posts in other sections of the blog

Information

Users of Guests are not allowed to comment this publication.

Latest articles

all articles →
Coinbase CEO Brian Armstrong Rejects Calls for a New AI Regulatory BodyCryptocurrency NewsCoinbase CEO Brian Armstrong Rejects Calls for a New AI Regulatory BodyArmstrong believes market incentives encourage AI companies to build safe products without the need for an additional regulatory framework.17-07-2026Crypto.com Secures $400M Investment From Citadel Securities at $20B ValuationCryptocurrency NewsCrypto.com Secures $400M Investment From Citadel Securities at $20B ValuationBitcoin Magazine Crypto.com Secures $400M Investment From Citadel Securities at $20B Valuation Crypto.com receives $400 million investment from Citadel17-07-2026Trump’s Teleprompter Operator Made $100,000 Betting on a President Who Ignores the ScriptCryptocurrency NewsTrump’s Teleprompter Operator Made $100,000 Betting on a President Who Ignores the ScriptCFTC probes a Kalshi insider trading case where Trump's teleprompter operator allegedly made over $100,000 on speech bets.16-07-2026Crypto Gambler Lost $1.5 Million After Argentina Beat England in the World Cup: DetailsCryptocurrency NewsCrypto Gambler Lost $1.5 Million After Argentina Beat England in the World Cup: DetailsLionel Messi will play in his second consecutive World Cup final, yet that wasn't good news for one trader.16-07-2026Gold Bear Market Confirmed? First Red Weekly Signal Since 2023Cryptocurrency NewsGold Bear Market Confirmed? First Red Weekly Signal Since 2023Gold bear market signals mount as the first red weekly Gaussian channel bar since 2023 puts $3,550 support in play.16-07-2026T. Rowe Price Debuts New ETF With Bitcoin and Crypto ExposureCryptocurrency NewsT. Rowe Price Debuts New ETF With Bitcoin and Crypto ExposureBitcoin Magazine T. Rowe Price Debuts New ETF With Bitcoin and Crypto Exposure Asset manager T. Rowe Price has debuted a crypto fund giving investors exposure16-07-2026Polygon Layoffs and 1inch Founder Exit Expose Crypto’s Costly Pivot to RevenueCryptocurrency NewsPolygon Layoffs and 1inch Founder Exit Expose Crypto’s Costly Pivot to RevenuePolygon Labs cuts staff and 1inch's co-founder says he was fired, as crypto firms restructure around revenue.16-07-2026CRO Surges as Crypto.com Secures $400M in Citadel Securities-Led FundingCryptocurrency NewsCRO Surges as Crypto.com Secures $400M in Citadel Securities-Led FundingThis was the exchange's first-ever institutional funding round. As a result, CRO skyrocketed by 25% in minutes.16-07-2026Fed Chair Warsh: No Bailout for Crypto Industry in CrisisCryptocurrency NewsFed Chair Warsh: No Bailout for Crypto Industry in CrisisBitcoin Magazine Fed Chair Warsh: No Bailout for Crypto Industry in Crisis Federal Reserve Chair Kevin Warsh said the Fed will not bail out failing crypto16-07-2026
Sign inMasterInvest
RUENUK