Topic · Origin (2013)

The TV crawl: how MadBitcoins invented its broadcast tweet format in 2013

Thomas Hunt's @MadBitcoins didn't tweet to introduce itself, didn't tweet "hello world," didn't tweet a thread explaining what the account was for. The first ever post — at 17:48 UTC on May 1, 2013 — was a broadcast slug, already in format, already in character.

View tweet
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Bitcoin prices are up -- bitcoin mining is more difficult -- Cypress? -- MadBitcoins! bit.ly/12Sbbvq
1 Retweet2 Favorites
12

That tweet is a complete piece of TV grammar: three news hooks, separated by double-dash, landed by the show name with an exclamation point. It reads like a news ticker. It reads like the voice-over a station bumper would use over a graphics package. Hunt was already on his second skill — broadcaster grammar applied to Twitter — before he'd posted anything to introduce the first.

The format would prove dependable across 1,269 tweets in 2013 alone. Three or four hooks per tweet. Double-dash separator. "MadBitcoins!" as the landing. A bit.ly trail to the YouTube episode. Every day, sometimes twice. The grammar of a marquee.

Why the format worked

Bitcoin in 2013 was a story Twitter didn't know how to cover. The Cyprus haircut had spiked the price in March-April. The first Senate hearings would arrive in November. Silk Road went down in October. Mt. Gox was still functional, but cracking. The mainstream financial press treated Bitcoin as a curiosity, when it covered it at all. The crypto-native press was still being assembled.

Into that vacuum, Hunt brought the one thing none of the other early Bitcoin voices had: a working broadcast vocabulary. He'd already spent years as a video host. The tweet format wasn't a clever rhetorical choice — it was him doing what he already knew how to do, applied to the news cycle Bitcoin Twitter was building in real time. The hooks were short because TV hooks are short. The exclamation point was there because exclamation points are how a station ID lands. The link out was the redirect to the show.

What it meant for the audience

The audience in 2013 was tiny — top originals would peak at 6 retweets and 4 favs. But what mattered, in retrospect, wasn't the engagement; it was the reliability. People who followed @MadBitcoins in 2013 got the same thing every day: a digest in the shape of a TV crawl. By the time the audience grew through 2014 and 2015, the format was a known quantity. Followers knew what they were tuning into.

The TV-crawl format also did something subtler: it lowered the cost of returning. A tweet that looks like a ticker doesn't ask the reader to engage with an essay or a thread. It asks them to scan and move on, with the option to click through to YouTube. For a daily account, that's the right ask. Every later @MadBitcoins format — the Today in #Bitcoin slugs, the conference dispatches, the all-caps ATTENTION tweets — is a variation on what the May 1, 2013 tweet had already locked in.

From the genome of that first tweet, the whole 13-year arc unfolds. The account became a person, a community, an institution, an archive. But it never stopped being, at its core, a broadcast that uses Twitter as a marquee.

This article is part of a deep-dive series on the @MadBitcoins Twitter archive — 91,295 tweets across 13 years. See all articles → or read the Origin era overview.