Cryptocurrencies

Telegram surpasses 500 million users – Cryptocurrencies

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Telegram and Signal both saw massive increases in new user numbers in the last few days. They can thank WhatsApp which wants to share its users information to Facebook.

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Telegram: land of welcome, promised land?

A simple update of the privacy policy of WhatsApp will have been enough to boost its competitors.

Many users did not appreciate the fact that they would soon be forced to share their personal information with Facebook.

They therefore gradually migrated to other applications not disclosing such information, with a preference for Telegram.

The latter is indeed renowned for his fight for the protection of privacy.

Unlike other competing messaging apps, Telegram does not share personal data and offers encrypted conversations.

Telegram now has over 500 million users. Its CEO, Pavel Durov shared statistics of the geographic distribution of new users.

TheAsia leads with 38%, followed byEurope with 27%. 21% of newcomers come from Latin America, compared to 8% for the Middle East and theNorth Africa.

The app only had 200 million users in 2018; she recorded a growth of over 150% in the space of 2 years.

The price of privacy and security

Durov did not fail to throw a spade at WhatsApp : “People no longer want to trade their privacy for free services. They no longer want to be held hostage by tech monopolies who seem to think they can get away with it as long as their apps have a critical mass of users. With half a billion active users and accelerating growth, Telegram has become the greatest refuge for those looking for a communication platform committed to the protection of privacy and security ”.

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Telegram had had a legal standoff with the SEC over the launch of its token GRAM through the blockchain YOUR.

Durov can rejoice in the current situation, his joy may however be short-lived. Some investors in TON are said to be on the verge of taking him to court to force him to sell his company in order to repay them.

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