0.07%
0.18%
3.92%
BTC
$65,003.28
0.06%
0.02%
4.15%
ETH
$1,917.12
0.07%
0.22%
3.22%
BNB
$604.89
0.14%
0.37%
3.00%
XRP
$1.03
0.25%
0.50%
6.05%
SOL
$76.78
0.06%
0.50%
1.32%
TRX
$0.33136234
0.09%
0.25%
0.77%
DOGE
$0.06996590
0.04%
0.32%
4.13%
ADA
$0.19517330
0.16%
0.12%
1.55%
LINK
$8.30
0.28%
1.83%
2.98%
LTC
$45.36
0.07%
0.18%
3.92%
BTC
$65,003.28
0.06%
0.02%
4.15%
ETH
$1,917.12
0.07%
0.22%
3.22%
BNB
$604.89
0.14%
0.37%
3.00%
XRP
$1.03
0.25%
0.50%
6.05%
SOL
$76.78
0.06%
0.50%
1.32%
TRX
$0.33136234
0.09%
0.25%
0.77%
DOGE
$0.06996590
0.04%
0.32%
4.13%
ADA
$0.19517330
0.16%
0.12%
1.55%
LINK
$8.30
0.28%
1.83%
2.98%
LTC
$45.36
   /       /       /    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

"Все покупается, кроме народной любви."

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 →
3 Altcoins Post Double-Digit Gains as Bitcoin (BTC) Reclaims $65K: Market WatchCryptocurrency News3 Altcoins Post Double-Digit Gains as Bitcoin (BTC) Reclaims $65K: Market WatchOne of the alts in question has entered the top 100 coins by market cap after its massive daily, weekly, and monthly rally.10-08-2026LBank Launches Crypto Resilience Initiative, Building on Its Security Collaboration with CertiKCryptocurrency NewsLBank Launches Crypto Resilience Initiative, Building on Its Security Collaboration with CertiK[PRESS RELEASE – Singapore, Singapore, August 10th, 2026] LBank today announced the launch of the Crypto Resilience Initiative, an effort to support the10-08-2026Ansem Predicts Pump.fun’s Token Could Join Crypto’s Top 10 by 2028Cryptocurrency NewsAnsem Predicts Pump.fun’s Token Could Join Crypto’s Top 10 by 2028Crypto trader Ansem predicts Pump.fun (PUMP) could become one of the 10 largest cryptos by market capitalization within two years. Ansem said he plans to track10-08-2026BOJ Rate Hike Pace Could Speed Up as Inflation Nears TargetCryptocurrency NewsBOJ Rate Hike Pace Could Speed Up as Inflation Nears TargetThe Bank of Japan’s latest policy meeting pointed to a possible acceleration in interest rate hikes, with at least three board members saying the central bank10-08-2026BIP-110 Soft Fork Implodes: Mines Just Two Blocks Before Grinding to a HaltCryptocurrency NewsBIP-110 Soft Fork Implodes: Mines Just Two Blocks Before Grinding to a HaltBIP-110 supporters insist the proposal remains viable, despite the minority chain falling dozens of blocks behind Bitcoin's main chain.10-08-20263 Token Unlocks to Watch in the Second Week of August 2026Cryptocurrency News3 Token Unlocks to Watch in the Second Week of August 2026The cryptocurrency market will welcome a wave of tokens worth more than $605.5 million in the second week of August 2026. Major projects, including YZY (YZY),10-08-2026The Korean Crypto Laundering Method Behind $6.4 Billion, and Why Police Struggle to Stop ItCryptocurrency NewsThe Korean Crypto Laundering Method Behind $6.4 Billion, and Why Police Struggle to Stop ItA single cross-border laundering method has quietly become the backbone of South Korea’s crypto crime wave, accounting for $6.4 billion of the $7.1 billion in10-08-2026Coinsbuy Faces Reported $7.9 Million Crypto Hack Amid Rising 2026 AttacksCryptocurrency NewsCoinsbuy Faces Reported $7.9 Million Crypto Hack Amid Rising 2026 AttacksCoinsbuy reportedly suffered a $7.9 million crypto theft. Wallets linked to the crypto payments platform were drained across Ethereum (ETH) and Tron (TRX).10-08-2026Another Big Macro Week Is Here: 3 Events That Could Move BitcoinCryptocurrency NewsAnother Big Macro Week Is Here: 3 Events That Could Move BitcoinBTC and the crypto market are entering another potentially volatile trading week because of these factors.10-08-2026
Sign inMasterInvest
RUENUK