why would it be relevant at all if Google and Facebook bans crypto ADS?
its just Advertisements? who advertises, ICOs?
not really a big deal at all
some investors discovered crypto through adverts, adverts sparks interest of the people and they somehow click ads and found it interesting and so they learn more about it and send money for the project funds. its adds the flow of money going into the marketcap overall. if fb and google bans the advertising then its going to slow down the development. adoption may take years and years which made this relevant.
it's not like the people who click ads on facebook and google stands for a majority of the future money that will come into crypto(my opinion).
for the average consumer, I find it unlikely they care what so ever about What they are using (like blockchain-based things or not),
while the decentralization seems useful in terms of currency, the real adoption would come from the real world use cases in various industries(my opinion).
I just can't imagine facebook and google ads being all that relevant, sure it has a relevance, but not like it's a make or break for crypto, nor that it would prolonge 'adoption' for years..
it's not like any rich people are taking investment advice from advertisements on facebook, how much does the Average user put in? a few 100 or 1000 dollars?
how many billions could various industries gain from using blockchain technology?
it might even be good, considering how many new users came in december/january.
that insane growth that happened at that time was obvious to come crashing down,
and with all the regular people without any clue about what they're investing in,
they're all going to sell off quite quickly the moment it goes down, causing a chain reaction.
Compare that with those who know what they're investing in, and therefor don't feel the need to sell off.
if anything, it's more like people being worried there's noone to take their bags in the soon future
