Controversial social media site Gab recently sent out an email to its users promoting Bitcoin as "free speech money," and advocated the Square Cash App as an ideal way to purchase the digital currency. This seems to have led to an instant ban for the company's founder, Andrew Torba. This comes on the heels of a similar ban coming from Coinbase just days ago.
Gab sent out an email to 850,000 users yesterday, in which it lauded Bitcoin as a means to support any cause without concern of censorship, a sentiment shared by most crypto enthusiasts. In the email it suggested, among others, the Square Cash App as an easy means to purchase the digital currency.
Email going out to 850,000+ Gab users introducing them to free speech money: bitcoin. pic.twitter.com/Z6Es38Nxmm— Gab.com (@getongab) January 8, 2019
However, within just minutes, this seems to have earned the company's founder a ban on the Square Cash platform, which was promptly reported by Gab to twitter.
Update: Square has blocked Andrew Torba's personal Cash App account and we've reached out for an update. https://t.co/d7YPzA3kt8— Gab.com (@getongab) January 8, 2019
Despite the ban of Torba, Square cannot really ban the users of Gab itself and this led to a second tweet where the company still promoted the use of the Square App.
Yes, we know who owns Square. We realize our accounts have been blocked for unknown reasons.— Gab.com (@getongab) January 8, 2019
Cash App is still the easiest and fastest way to buy bitcoin on a mobile device. That’s still a net positive for bitcoin and freedom in our book.
They can’t ban everyone.
The comment "we know who owns Square," is undoubtedly a reference to Jack Dorsey who in addition to founding Square, Inc. is also a co-founder and CEO of Twitter.
There don't seem to bee any furrther updates as to why Square felt it needed to ban the founder of Gab, but presumably it does not want to be associated with a platform that itself has come under fire for the proliferation of extreme right-wing viewpoints.
How the situation will shake out remains unclear at this time, but be sure to check back with Chepicap for any and all updates!