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New Zealand Mosque Shooter’s Mention Of BitConnect Could Setback Bitcoin Acceptance
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New Zealand Mosque Shooter’s Mention Of BitConnect Could Setback Bitcoin Acceptance

The suspected New Zealand Mosque shooter claimed in his so-called manifesto he made money investing in bitcoin-related cryptocurrency Ponzi scheme BitConnect.

Brenton Harrison Tarrant, the self-proclaimed white nationalist and neo-Nazi terrorist who has taken credit for murdering 50 people in Christchurch, New Zealand, last week made the claim as part of his meme-laden internet-baiting statement, designed to cause speculation as to his influences and motives.

Pewdiepie, the famous YouTuber who was named in 2016 by Time as one of its 100 most influential people in the world, was also mentioned by Tarrant. Pewdiepie immediately expressed his disgust that the killer would use his name but it’s an association Pewdiepie, whose real name is Felix Kjellberg, will have to live with. 

Bitcoin, through the related, scam BitConnect technology, will too—even as there are signs mainstream bitcoin and cryptocurrency acceptance is on the rise.

Bitcoin and cryptocurrency have long been used byterrorists and neo-Nazis looking to avoid law enforcement and the traditional financial system. Bitcoin has attracted the likes of conspiracy theorist Alex Jones, who recently called it “the future.”

Bitcoin, cryptocurrencies, and related technologies have meanwhile been adopted by some of the world’s biggest banks, looking to reduce costs, while major retailers have recently signaled bitcoin and crypto adoption could be just around the corner. U.S. grocery chain Kroger, after a row with payments processor Visa, was reported to be looking at bitcoin as one potential alternative payment system.

One of the world’s largest distributors of electronic equipment Avnet is now accepting cryptocurrency payments through a partnership with blockchain payments processor BitPay.

Banking giant J.P. Morgan has begun development of its own bitcoin-related technology, JPM coin and Facebook is doing the same, hoping to integrate payments into its combined social media platforms.

Bitcoin and cryptocurrency exchange Binance earlier this week unveiled a new platform in Australia that allows users to buy bitcoin with cash from high street stores.

Technology heavyweights from Twitter’s Jack Dorsey to Apple cofounder Steve Wozniak have also spoken of their belief in bitcoin and its potential to change the way people think of and use money.

Tarrant’s boasting of having made money through BitConnect, which he claimed allowed him to travel the world, now sits alongside these bitcoin and cryptocurrency associations.

Is it anyone’s responsibility to address Tarrant’s mention of BitConnect or is it something best ignored? This question is going to asked by corporate giants who are considering acceptance of bitcoin-related technologies.

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