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Google, Apple, and Amazon recently banned the Parler app. Meanwhile, Gab, another app, is experiencing high traffic with more than 18 million visits in a single day. The application is a conservative-friendly social media platform that allows microblogging like Twitter.

Gab promoted Bitcoin calling it “Free Speech Money.”

Gab popularity surges amid Trump Twitter handle ban

After Twitter suspended outgoing President Donald J Trump’s Twitter account permanently post the Capitol Hill protests last week, many conservatives and Trump supporters have left Twitter and switched to Gab. The alternative app is experiencing more than 10,000 users per hour as Trump is blocked from posting on Instagram and Facebook.

The CEO of Gab, Andrew Torba, said, “The traffic just keeps growing to hang tight, even more servers on the way today.” Additionally, a conservative-friendly app Parler is being suspended from Apple and Google play stores, due to which the conservatives have flocked to Gab. While Twitter has suspended Donald J Trump’s Twitter account, Twitter has been called out for impeaching free speech. Gab, on the other hand, boasts of being a social network that promotes “free speech, individual liberty, and the new free flow of information online.”.

While conservatives call out Twitter and larger tech companies for attacking free speech and favoring liberals, they is a massive influx of users on Gab.

 Interestingly Gab has openly supported Bitcoin and called it a currency of Free speech. Gab app runs on its servers and thus manages an unbannable mobile app with partnership with Mastodon. Since Gab is banned in 2018 for payment processing, it adopted Bitcoin. Gab promotes Bitcoin as free speech money, and its decision to adopt Bitcoin a few years back may be highly instrumental in its success now. As Gab strives to become an alternative to the highly popular social media microblogging site, it can benefit from the current rage for Bitcoin.

Gab increasing awareness for Bitcoin at the occasion when it is gaining a lot of userbase. They said, “Increasingly, businesses and individuals are being cut off from traditional payment processing, banks, and more online. Bitcoin solves the problem when the company is banned from Visa and PayPal. 

Disclaimer

The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.

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