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The Sad And Scary Truth About Instagram, Your Online Business Is Not Safe!

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Jackson O’Doherty, a prominent social media figure and a comedian with millions of fans worldwide, recently published a YouTube video revealing how Instagram removed his account. His account, with over four million people, was removed from their platform without any previous warning. In a half an hour long video, the Australian star dealt blow after blow of solid proof against the hypocrisy of the social media giant.

“First of all, don’t expect this to be an overly emotional rant about a poor Instagram influencer playing a victim.  I am not being irrational, and I know that the world is crazy right now, with COVID 19 being just one of the difficulties. It’s not about the number of followers on my account. It is about the platform itself. I have been very blessed in my life, and even though I have just lost four million followers and money from sponsored deals, the world is not ending. I want to address something far more important than my loss. The reality that for millions of creators, Instagram is no longer a safe platform to invest their money or their time in,” claimed O’Doherty. It’s a pretty bold claim, however, he backed it up with proof. Looking at the evidence, one cannot look at them but wonder how Instagram is still considered a safe space for all audiences.

After the evidence he presented, Instagram is starting to look more like a whimsical, non-transparent organization full of favoritism and inconsistency. It is beginning to look more similar to a high school clique than a professional business company.

If Instagram was a bank

Let’s just say that we are lucky that Instagram is not a bank. Judging by their behavior, if they were a bank, they would have the right to revoke your mortgage, kick you out of your house and still take your money and never call you back again.

Many people who are not that familiar with social media might find this analogy a bit exaggerated, but as O’Doherty explained, “It is not just an Instagram account. It is a platform for a project that accepted your time and investment and made money through your effort. Then, they just destroyed something that supports your family without any warning.”

Instagram and Facebook act as a corporation. They are earning an unprecedented amount of money out of ordinary people like Jackson, yet they provide almost no explanation when they take away someone’s livelihood. When they ask for your money to promote ads, they pretend to be a professional company, yet when you ask them about your funds, they simply disappear.

Double standards

The comedian’s claims were not some vague complaints of a wronged man, nor was this a heated rant. O’Doherty took out his phone and calmly started telling a story. A story that needs to be told before anyone else gets used by this platform to earn money from their content – just to be spat out when they no longer appeal to a random employee.

“So, here’s what happened. An Instagram employee named Zack holds a personal grudge against me. He constantly punishes me for the things I do, which are the same things that the very people he is following are doing daily.  I’m not a saint, but I am not as half as bad as the very people he is following. He doesn’t do anything about it, and they get away with it, but my account gets removed in the end,” states the star.

A but, a bus, and a broken integrity

“The double standards I’m talking about here have happened to many creators, many of which are my friends. I’m not being emotional, I’m being rational. I have invested my money and time for six years, building up my following just to get removed for something not even specified. This isn’t just about me. It’s about privilege and hypocrisy. Naked girls are favored. People get away with posting violence and gore. Kim Kardashian can probably get away with killing a person, live on Instagram, and it would still show up in the Explore feed. But, if I and my girlfriend kiss on a video, just a peck on the lips – it gets removed,” said Jackson, showing screenshots of posts where a famous woman is naked from the waist down, another popular girl is flaunting the outlines of her vagina in a transparent bikini, and a bunch of men who are sporting their beach bodies with the focus on their naked behinds. 

This turned out to be just a warm-up. Instagram not only allowed for these photos to stay on the platform, but almost all of them had thousands of likes, comments, and a huge reach.

Gore and violence were also rampant. A video of a woman being run over by a bus and a photo of a man who lost half of his face in a bear attack are still visible to everyone, including children on the platform. Jackson showed us footage of a man being beaten to death, that is still on Instagram while asking a logical question – posting a man’s death is allowed, but comedy isn’t?

When business is allowed to become personal

O’Doherty emphasized that his problem was not just a random act by an unknown algorithm, but that his issue had a first name and last name. And apparently – a plan.

“The man I previously mentioned, named Zack, deliberately targeted my accounts. On one occasion, he removed one of my accounts, claiming that I breached community standards. I ended up explaining to him the very guidelines that he was supposed to explain to me. He ended up returning my account after I proved him wrong,” states the comedian. However, it turns out that the Instagram employee hasn’t given up on making Jackson’s life worse. He was repeatedly flagged for the smallest of things until his account was removed – without a word of notice by, you guessed it – by Zack.

A message for Instagram 

“The most valuable currency that no one can take back is time. The most important part of any company is integrity. If Instagram can’t guarantee that they can respect that, they are not a professional company. I would like for people on Facebook and Instagram to see this because I think it’s essential for all current and future creators. I would love to have my account back as it was more than just a profile. It was a way for me to support my family, and a tool to make this world a better place.

I was donating money regularly to different causes, such as Go Fund Me pages, Australian bushfires relief, Black lives matter project, etc. I was also working on a mental health app that would help people who are going through a hard time. I used to openly raise awareness about my mental problems and hoped that I could use my example to help people who are struggling. Now, thanks to Instagram, I can no longer do that.

If a company wants you to invest your time and money on their platform, you should feel safe doing so. Right? I’m not asking for better treatment; I’m asking to be treated the same. Instagram, Facebook, YouTube, and Twitter have opened up so many opportunities for people all around the world. It is time to own up to what that means for every single one of them,” stated Jackson.

Whether you like his comedy or the concept of social media, one thing is certain. When it comes to money, there must be consistency, transparency, and a guarantee that a system that takes billions from people and uses them to make a profit, needs to have a system that ensures that its users and their investments are safe. Otherwise – it’s a scam with a fancy filter.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Inside the $4.3B Quarter: What’s Fueling Black Banx’s Record Revenues

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Every quarter brings fresh headlines in fintech, but few make the kind of impact achieved by Black Banx in Q2 2025. The Toronto-based global digital banking group, founded by Michael Gastauer, reported an extraordinary USD 4.3 billion in revenue and a record USD 1.6 billion in pre-tax profit, while improving its cost-to-income ratio to 63%.

These results not only highlight the company’s operational efficiency but also mark a pivotal moment in its journey from challenger to global leader. The big question is: what’s fueling such impressive financial performance?

Customer Growth as the Core Driver

One of the clearest engines of revenue growth is Black Banx’s expanding customer base. By Q2 2025, the platform had reached 84 million clients worldwide, up from 69 million at the end of 2024. This 15 million net gain in six months demonstrates both the attractiveness of its services and the scalability of its model.

Unlike traditional banks, which rely heavily on branch expansion, Black Banx leverages digital-first onboarding that allows customers to open accounts within minutes using just a smartphone. This approach is especially effective in regions underserved by legacy institutions, where access to affordable financial tools is in high demand.

More customers don’t just mean higher transaction volumes—they generate a compounding effect where network size, brand trust, and service adoption reinforce one another.

Real-Time Payments and Cross-Border Solutions

A major contributor to Q2 revenues is the platform’s real-time payments infrastructure. Black Banx enables instant cross-border transfers across its 28 supported fiat currencies and multiple cryptocurrencies, helping both individuals and businesses bypass the traditional bottlenecks of international banking.

For freelancers, SMEs, and multinational clients, this means faster liquidity, reduced foreign exchange costs, and simplified global operations. The demand for real-time financial services is growing rapidly—Juniper Research projects global real-time payments turnover to hit USD 58 trillion by 2028—and Black Banx is strategically positioned to capture a significant share of this market.

Crypto Integration as a Revenue Stream

Another key revenue driver is crypto integration. While many traditional institutions remain hesitant, Black Banx embraced digital assets early and has built infrastructure to support Bitcoin, Ethereum, and the Lightning Network. In Q2 2025, 20% of all transactions on the platform were crypto-based, reflecting strong customer appetite for hybrid banking services that bridge fiat and digital assets.

Revenue comes not only from transaction fees but also from value-added services like crypto-to-fiat conversion, staking yields (4–12% APY), and blockchain-enabled payments. For customers in markets with unstable currencies, these services act as a financial lifeline, further expanding the platform’s relevance.

AI-Powered Efficiency and Risk Management

Record revenues would be less impressive if costs ballooned at the same rate. But Black Banx has proven adept at balancing growth with efficiency. Its cost-to-income ratio improved to 63% in Q2, down from 69% a year earlier, thanks to heavy reliance on AI-powered automation.

AI now drives fraud detection, compliance, and customer onboarding—areas where traditional banks often struggle with cost inefficiencies. By automating these processes, Black Banx can process millions of transactions securely while maintaining profitability at scale. This level of efficiency is rare in fintech, where high growth often comes at the expense of margins.

Regional Expansion and Untapped Markets

Geography also plays a role in fueling revenues. Much of the Q2 growth came from Africa, South Asia, and Latin America—regions where demand for mobile-first banking continues to soar. In 2024 alone, Black Banx reported a 32% increase in SME clients from the Middle East and Africa, signaling the strength of its positioning in underserved markets.

By extending services to populations previously excluded from formal banking—migrant workers, rural communities, and small businesses—Black Banx taps into vast pools of latent demand. The strategy proves that financial inclusion and profitability are not mutually exclusive but mutually reinforcing.

Diversified Revenue Streams

Another factor behind Q2’s record revenues is Black Banx’s diversified business model. Income is not tied to a single service but spread across multiple streams, including:

  • Transaction fees from cross-border transfers and payments.
  • Crypto trading and exchange services.
  • Premium account features for high-net-worth clients.
  • Corporate services for SMEs and international businesses.

This diversification insulates the company against volatility in any single segment, creating stable revenue growth even in shifting market conditions.

Michael Gastauer’s Strategic Blueprint

Behind these results is Michael Gastauer’s long-term strategy: scale aggressively but with efficiency, innovation, and inclusion at the core. His vision has always been to create a borderless financial ecosystem, and Q2 2025’s performance is evidence that this vision is not only achievable but sustainable.

By balancing mass-market accessibility with premium features, and by blending fiat with digital assets, Gastauer has positioned Black Banx as a category-defining player in global finance.

The Road Ahead: Toward 100 Million Clients

Looking forward, the company’s goal of reaching 100 million customers by the end of 2025 will likely be the next catalyst for revenue growth. More customers mean more transactions, more data insights, and more opportunities to refine and expand its service offering.

If current momentum holds, the USD 4.3 billion quarterly revenue milestone could be just the beginning of an even larger growth story. The challenge will be ensuring systems scale securely while maintaining trust in an environment where privacy and compliance are paramount.

A Record That Signals More to Come

Black Banx’s Q2 2025 performance—USD 4.3 billion in revenue, USD 1.6 billion in pre-tax profit, 84 million clients worldwide, and a lean 63% cost-to-income ratio—is more than a financial milestone. It is a signal of how the future of banking is being rewritten by platforms that are borderless, crypto-inclusive, and data-driven.

What fueled this record-breaking quarter is not one innovation but a combination of strategies—scalable onboarding, real-time payments, crypto integration, AI efficiency, and expansion into underserved regions. Together, they form a model that doesn’t just challenge traditional banking but actively builds the foundation for global dominance.

For Black Banx, the road ahead is clear: the $4.3 billion quarter is not an endpoint but a launchpad for even greater scale and profitability.

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