Categories: CryptoNews

Bitcoin Companies Need To Be Proactive To Avoid ISPs Making Platforms Inaccessible

The story of LocalBitcoins getting blacklisted by all Russian ISPs has created a rather strange ecosystem. Although it is very easy to bypass this blockade through a VPN or Tor, the LocalBitcoins team is actively working on new solutions as well. By using the .net domain name, it is equally possible for Russian Bitcoiners to access the platform.

Proactivity Against The Artificial Ban

Russia is a very strange country when it comes to Bitcoin. That is not entirely surprising these days, as cryptocurrency has been a topic of substantial debate for quite some time now. Flip-flopping between banning and embracing Bitcoin every other month is not helping matters much by any means.

When the local media watchdog decided to enforce a site-wide ban on the LocalBitcoins platform a few weeks ago, things took a turn for the worse. However, it didn’t take long for the company to address this issue, as they have been proactively helping Russian cryptocurrency enthusiasts ever since.

After posting instructions on how to use a VPN or the tor connection to bypass this blockade, it became apparent the weekly trading volume was not affected in a significant way. But the company is not resting on its laurels, as they have registered a new domain to let Russian users access the site again.

Related Post

Despite what government officials or financial experts may want to believe, there is no way to actively restrict Internet usage. Unlike other tools, the Internet routes around artificial blockades. The Great Firewall of China is quite impressive, but it doesn’t take all that much to circumvent it as well.

All Bitcoin companies should be proactive when it comes to providing clear instructions to all users. It will probably not be the last time a government or iISP decides to restrict access to a specific platform. Given Bitcoin’s nature and appeal, more sites may be targeted in the coming years. Guiding users to solutions ahead of these potential issues is the way to go.

Image credit 1

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Bitget Launches OpenAI Pre-IPO Access As Crypto Exchanges Push Into Tokenized Equity Markets

Bitget officially launched pre-IPO access to OpenAI via its IPO Prime platform which deepens their…

11 hours ago

Tether Expands Open-Source Push With New Developer Grants For AI And Payment Infrastructure

Tether's presence in decentralized tech space is growing due to the launch of its developer…

1 day ago

Huma Finance Exploit Hits Legacy Contracts As Platform Maintains Stability And Accelerates Transition To V2 System

While challenges remain, the decentralized finance sector is moving forward, and Huma Finance's exploit serves…

1 day ago

Chainlink Expands Cross-Chain Reach As Major Protocols And Institutions Deepen Adoption 

Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding…

2 days ago

Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout

A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem…

3 days ago

Polygon Raises Network Capacity To 140M Gas

Polygon has made a big move in cementing its mission as one of the leading…

4 days ago