After Facebook and Google, now Twitter is planning to ban crypto ads

in cryptocurrency •  7 years ago  (edited)

This is getting ridiculous. All these big monpolistic companies are banning crytpo ads one by one. This in turn is creating a massive FUD among people, as a consequence of which the prices of cryptocurrencies are falling like nine pins!

According to this article, unconfirmed reports suggest that, after Facebook and Google, Twitter is now also planning to ban cryptocurrency and ICO related ads.

Due to all this nonsense going on, there is FUD all around, and all the coins are swimming in a massive sea of blood. All of this convinces me even more that centralization and the monopoly of big companies it creates, is the real enemy of freedom. Governments and big companies just want people to be wage slaves. And I think, decentralization has the power to break those shackles.

The bad thing though is that people easily get afraid from governments and their stupid regulations. Let us hope this attitude changes.

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This is unfair to ban crypto news. The most extreme measures have been proposed by the Korean Ministry of Justice, including an outright ban on cryptocurrency trading and closing down crypto exchanges. However, other financial regulators in the country did not support these proposals.
let us hope for changes you said right

Yes, let us hope for the best :)

Long-term (and even short-term) such regulations are very good for Steemit. Crypto-marketers will have no other choice but to promote their coins here.

Just left my comment without reading yours.

Banning these scammy ICO and get-rich-quick ads is a great help to the crypto market.

Same thoughts!

As crypto moves slowly into mass media it will attract more people who want to invest in a different way than banks offer, that's why all of these social medias and even governments are afraid and are raging war with cryptomarket by banning ads.

Twitter crypto ads were cancer. Same as Facebook and Google ones, because only fake ICOs and moneygrabs were being advertised there.

This is stupid FUD because such changes improve the overall view of cryptocurrencies. We can't keep hiding the shit underneath the mat.

I'm buying more slowly. Even though my emotional side is suffering, I am trying to think rationally.

This is not a good thing to ban crypto ads.If they found any fake ads then should ban it but to ban all crypto ads is not in favour.

Banning these scammy ICO and get-rich-quick ads is a great help to the crypto market.

Twitter CEO left a very bullish tweet about Bitcoin. Rather an article. Interesting one.