The Fun and Jest of April Fools’ Day Makes Its Way to the Crypto Community
April Fools’ Day is filled with fun festivities as people participate in the entertainment of pranks and other ways to fool each other. It seems that the temptation to play these games is too big for even the crypto community and even platforms to resist.
Crypto Potato was one of the many to discuss a “hall of fame” of the pranks taking place, starting with one last year by Vitalik Buterin. At the time, Buterin said that World Trade Francs, or WTF, would be the official stablecoin of Ethereum. He even jested that there would be a new ICO that only allows for payments in “lizardcoins.”
Reddit, the social media community, got in on the action as well. Back in 2015, a thread was reporting that the 670,000 BTC lost in the Mt Gox hacking was coming back, all thanks to a former DEA agent. However, there have been reports lately that there is work to return these funds, but it is not as if that news would’ve been believed today, even if they’d succeeded.
According to Crypto Potato, the top prank of 2014 was when CoinDesk decided to report that the CEO of Bitcoin chose to just ban China. Buterin followed suit that day saying that China banned April Fools jokes.
Today, we have even more pranks. The Bitcoin man (or woman?) himself came back around, only to pop out of the woodwork long enough to say that he is not Craig Wright, who has notoriously claimed to be the creator of Bitcoin. Crypto Insider reported an entertaining joke that Satoshi had reactivated an account after all this time to make the announcement.
Not to be left out of the fun, the Marvel Universe could clearly not be left out of the loop. Wakanda, popularized in the recent Black Panther movie, has all the technology in the world. Altcoin Magazine saw this as the perfect opportunity to announce Bitcoin as the national reserve currency, thanking Stark Industries, Marvel, OKEx, and Bitfineon in the process.
WORLD NEWS: As the first nation ever, Wakanda has declared $BTC as its national reserve currency. Read the news in the link below.
— Altcoin Magazine (@Alt__Magazine) April 1, 2019
Crypto Briefing held down their own pranks regarding Justin Sun. In their publication, it looked as though a Nobel official had announced a nomination for Sun for the Nobel Economics Prize. In an effort to make it clear that this story was a joke, they quoted Thijs Faaknoose (This Fake News), who said that it was “a no-brainer really” to use Sun.
Interestingly, Crypto Briefing appeared to go all-out for this holiday, because that wasn’t the only prank report they posted. They also posted a story about the integration of Bitcoin into the Sears payment systems. They added that this adoption was clearly an effort to appease their over-65 demographic, which is possibly the most laughable part, when considering the staunch opposition that this group has taken against cryptocurrency.
There are quite a few more statements that have been confirmed as being pranks in celebration of April Fools’ Day, like the idea that Blockstream Explorer was adding Ethereum support.
We are pleased to announce that #BlockstreamExplorer is adding support for #Ethereum. Users can now easily search & view data on the #Ethereum blockchain. ⛓👀📊 https://t.co/qylhAmJzb0 pic.twitter.com/NkVqW7UtJP
— Blockstream (@Blockstream) April 1, 2019
Dogecoin took to Twitter to fool their community, saying that a CEO is necessary and that the potential CEOs included Buterin, Satoshi Lite, Elon Musk, and Marshall Hayner. The poll is still active and has received almost 4,000 votes.
We have listened to your concerns. We have decided that Dogecoin does need a CEO. Someone who can lead us into the future while maintaining the core values of what we are.
— Dogecoin (@dogecoin) April 1, 2019
MyEtherWallet used their Twitter account to say that users would need to expect up to 20 more minutes for their transaction times, adding a new KYC process that was declared “mandatory.” However, the majority of commenters got the joke right away.
Attention MEW users. If you are planning any transactions on MEW today, please factor in an extra 15-20 minutes.
As of today, MEW requires a mandatory KYC process. Please have your information ready.
You will be guided through the process on the MEW website.
— MyEtherWallet | MEW (@myetherwallet) April 1, 2019
Luke Dashjr posted about the low Bitcoin prices, adding that there should be a minimum price of $50,000 for each Bitcoin.
The low #Bitcoin prices have gone on too long.
"Softfork proposal for minimum price of $50k USD/BTC"https://t.co/Si48prViUK
— Luke Dashjr (@LukeDashjr) April 1, 2019
Jameson Lopp jested about the true identity of Satoshi, which seemed to be a common topic among pranks. He included a simple screenshot with the name “Craig Wright” etched across it, saying that “the genesis block has been signed.”
I'm pleased to announce that the gag order has been lifted and I can finally release the evidence of Satoshi Nakamoto's true identity – the genesis block has been signed! pic.twitter.com/Eg362VuSvC
— Jameson Lopp (@lopp) April 1, 2019
The Trust Crypto Wallet teased that the BitConnect coin was available now to send and receive.
BitMEX Research joined in on the fun too, posting a competition for the ICO Launchpad.
BitMEX Research is delighted to announce our new platform, the "BitMEX Research ICO file Launchpad"!!
— BitMEX Research (@BitMEXResearch) April 1, 2019
Wanchain tied in musical artist Drake with their prank, claiming to have established a new “staking collaboration.”
We are excited to announce our new staking collaboration with Drake, live TODAY, April 1st! See medium article for full details: https://t.co/72fzrEauli
— Wanchain (@wanchain_org) April 1, 2019
Ari Paul fooled others that he would leave the cryptocurrency all together, all for the sake of taking over social media. The first goal? To become the new voice of Wendy’s Twitter page.
I’m leaving crypto to pursue my real passion of managing social media accounts. I’ll be taking over Wendy’s starting tomorrow.
— Ari Paul ⛓️ (@AriDavidPaul) April 1, 2019
Chris King, presently of Morgan Creek, announced his departure, aiming to create an “Ethereum killer” protocol. His joke was a little more obvious, adding emojis that were crying and laughing at the idea.
Happy to announce I will be leaving Morgan Creek to build a new protocol that will definitely be the next “ethereum killer”
Raising $100M ICO with 90% discount to first money in. Only accepting EOS, Ripple, and TRON as payment. 😂😂
— Chris King (@cjking711) April 1, 2019
Beam took a jab at their own name, saying that they will be rebranding as Bean, adding a GIF of the popular Mr. Bean character on their tweet.
— @Beamprivacy (@beamprivacy) April 1, 2019
Some people have erected entire websites, all in the name of good humor. For instance, take MyCrypto, which added the Invisible Ink Paper Wallet, saying that users could hide their private key by printing it out with the program. They added that the only ways to make the private key appear on the page are by using “ICO Saltwater,” “CryptoKitty Urine,” “Unicorn tears,” “EVM Oil,” or “Headlight fluid.” The page is still live at https://invisibleink.mycrypto.com/.
Perhaps, an article from Breaker Mag may have said it best. The news lately in the crypto world has been pretty out there. Sometimes, it is hard to know what is actually true and what isn’t. At least if you are concerned about any of the news you heard today, the headlines above can be dispelled as just another prank in this holiday.
Unfortunately, as with any April Fools’ Day, there are a few reports that do not quite come off as the pranks that they are meant to be. That is exactly the case with Blackcoin, who pranked the public by saying that they were shutting down. However, the community did not appear to realize the joke, causing the BLK token to drop by 9% in a matter of just two hours. Though the company wisely deleted the tweet since they saw the damage, we managed to secure a screenshot first.
Keep in mind that this is hardly a list of every prank in the crypto world right now, so it is important to look out for jokes that could be obvious or subtle. Either way, hopefully, no more fiascos happen in the name of April Fools’ Day.