Social media platform At the time of writing, typing #bitcoin in X does not generate a Bitcoin logo.
The emoji was first introduced in 2020 and appeared next to the hashtag #Bitcoin, adding an orange Bitcoin symbol to tweets. This feature became a hallmark of Bitcoin discussions on the platform, and its recent removal has sparked a backlash within the crypto community.
Meanwhile, the decision is unforeseen as Elon Musk, the social media platform’s owner, has a complicated relationship with Bitcoin. Tesla and SpaceX, two of his companies, own significant Bitcoin assets, and he even recently used a profile photo with blue laser eyes, a popular symbol among Bitcoin supporters. However, Tesla once owned significantly more Bitcoin but sold off most of it in 2021 and 2022. Musk stated that his support would be reignited if Bitcoin’s hash rate were backed by at least 50% renewable energy, a level it several years ago without Musk. reverse his position.
So far, neither X nor Musk have publicly commented on this change.
Nexo’s proposal for a Bitcoin Emoji
Meanwhile, cryptocurrency lender Nexo has proposed adding Bitcoin emojis to digital keyboards worldwide.
The company has submitted a proposal to the Unicode Consortium, a nonprofit organization that manages the global character standard.
Since 2017, Unicode has recognized the Bitcoin symbol as a currency sign. However, it only exists as a black and white character and not in the popular orange emoji. If the current request is approved, the Bitcoin emoji will be available on all PCs and mobile keyboards worldwide. The Consortium is expected to respond by November 30.
Nexo said 15,000 people signed the petition for the initiative, and that it partnered with several top crypto companies including Kraken, Bitget, Chainalysis, Nansen and others. It stated that the goal is:
“Orange pill for every smartphone out there.”
Fact Protocol, a decentralized network focused on AI and Web 3.0, which also promotes the initiative, declared that it was necessary to have the ‘Bitcoin emoji on every keyboard’.
It added:
“Now that we have jointly submitted the proposal to Unicode, this will forever be etched in the history books, as long as we continue to communicate digitally.”