Why are people doing so many things to frustrate crytocurrency

[Remaka]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

[DJCanh]

Maybe they see competitors in crypto.
With banks it's obvious. They want to earn all money and give credits with unreal %.

[R21]

Absolutely many countries around the world not want to accept cryptocurrencies against their fiat money many countries also ban cryptocurrency for their own country! social media also fronts of peoples, so they also can follow their governments. but I think google not want going banning all crypto related ads! they are gain orofit from here.

[atomicgroup]

Most of them might still be looking at the forum as where lots of their Subscribers are scammed. They may tend to secure their subscribers. Equally, Deregulation in Bitcoin is like efforts being siphoned to the face of the Government where Individuals are earning, making money in the economy without them generating revenue in form of tax from these money. In essence, efforts are being geared to ban Cryptos in whatever form they can get.

[Jlimao28]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

I saw an article in banning of facebook in cryptocurrency and as what I've seen, the reason why does the facebook banned ICO is that, they want to eliminate fraud and scam ICOs. Well, I guess it is not the real reason behind the ban. I think they see cryptocurrency as their ultimate enemy when it comes in online services. That's why they don't want crypto to continue its reigning in the people.

[IgniHash]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate cryptocurrency?

Because Google, Facebook, Twitter and other giant Internet company hate about decentralize technology.
It can kill their service which is selling a centralize data. That's why they will ban every people who use their service to promote Cryptocurrency.

[Minnie1928]

Maybe they see competitors in crypto.
With banks it's obvious. They want to earn all money and give credits with unreal %.

True! They are losing influence over their own investors which are escaping to the cryptomarket.
I think that the Facebook will release its own coin in some time now and that's why they are limiting their competitors.
Google managers are highly jealous in my opinion. Their greed is prevailing over their fair intentions.
The lie presented by the media that they are trying to protect their users is unbelievably cheap and stupid.

[btcrut2017]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

Some people wanted to destroy bitcoin that is why they are attacking it. They also make fake news in order to scare or frustrate others. Government has hidden purpose which is to have bitcoin taxed. Maybe they are jealous that hard working bitcoiners are doing well and having a good profit.

[wantjokull]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

It has got to do something with the crypto hacks and scams that are getting evolved day by day. Big and reputed platforms like google, Facebook will never want there platforms to get spoiled with such scammer projects. Thats why they are banning the crypto related ads and making it look like really bad field. Why wouldn't they do it if the crypto projects specifically the ICO's which comes in the market daily and most of them go scam or ponzi over the time. If google or other platforms support such projects then it is their reputation which goes staked and its not good for them. This is major reason for which they are banning the whole thing. They also see vulnerabilities of getting hacked through the help of blockchain because it is public ledger and anyone can come and go out of the door. Many facts and limitations causing them to close down crypto ads.

[Seeker#9]

There are many reasons why there is always a move to frustrate bitcoin and other cryptocurrencies. Some banks and government consider the bitcoin as competitor or threat to their fiat. Other leaders fears that bitcoin might be use for money laundering, drug trade and other illegal activities. Some are also spreading FUDS against bitcoin in effort to lower its price and make profits later.

[Kakmakr]

I doubt if there are any sinister reasons for them doing this. If I had a huge company like that and my platform was used to promote things that might harm my reputation and worst, the users that are using my platform.. then I would also ban it. A lot of these ICOs are just plain and simple scams and they are ruining this for everyone.

I think the regulations will catch up to these scam ICOs and then things might return to normal.

[bitcoinblog]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

if u check properly u too will realize that too many fraud are going on in the name of ICO.

So why do a reputed firm will support such crime in the name of technology ?

Think honestly and u will realize that those serial scammers are just coming with a new glossy website with a lot of lucrative words ... showing there pages like they are the only intelligent left on this planet , so buy buy buy ... and then fussh

 

[Uciha Madara]

Maybe it's just a group that wants to give fake news about the ugliness of criptocurency and if the news of rejection is true they would want to prevent perpetrators of fraud by rejecting the ico news on the social media services they provide.
I'm sure google, facebook and twiter are just social sites and free up users interacting with other users please visit the discussion before her. https://bitcointalk.org/index.php?topic=570884.0

[Juggy777]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

There is a quote from the movie X men, people fear what they don't understand and same is the case with bitcoins. Google for some reason has decided to do moral policing and it's really weird for them to do so. I feel this shall make bitcoins even stronger in the long run, and google shall end up paying a huge price for their misadventures.

Many have tried and all of them have failed, google shall fail badly to, we can focus on instagram, verb to keep it going I'm sure it'll succeed.

[dothebeats]

Apparently there are still too many newbies being baited by these small ads on the sites you mentioned. This is also to ensure that scam sites wouldn't flourish and that people wouldn't have any word from such even if it also affects the legitimate ones. If there's anything I could make out of this move by these sites, it is to help crypto in general to mature and to lessen that amount of people investing their money at the wrong place and giving the owner of these scam services/sites their money easily. Admit it, the crypto world is plagued by wannabes trying to make some money by creating these ponzi schemes/sites. Ponzi schemes outweigh legitimate services' appearance on the ads Google and others are showing to their site so this is probably a good move that has positive long-term effects.

[heraldlazaro25]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

I dont know what are their own reasons why they ban bitcoin and other crypto currency ads in facebook and other social media. Maybe there are only specific countries that do these because they dont support the idea or they are against bitcoin.

[BrewMaster]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

there actually is a lot of good reasons for banning these ads on Google and Facebook (never heard about Twitter! though).
for example if you do a little search among the tech supports and the people who lost money you can see a lot of them have lost it to fake wallets. for instance the original Electrum website is Electrum.org, they put up an ad for fake-electrum.org on google and when you search for Electrum that pops up on top of everything! a newbie easily loses money this way.
the other too obvious case is the case of ICO scams where they receive a lot of money for their pointless token and then as soon as they receive the money they stop working and move on to next ICO.

[krauzzer02]

I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?

Twitter have no official statement and implementation of the so-called bans in the ads that contain the promotions and websites of a specific cryptocurrency or ICO not in the present we can say Google follows the footsteps and measures of the ban implemented by the facebook, twitter may follow the examples of the two giant company in relation of the ban because of the pressure though it is not confirmed and announced yet, we have to expect the possibility or the worse cases, they are frustrated by the increasing scams from the complaining users, I read some complaints that why google allow such a scamful website to promote and boost its ads. Though it may have an impact it can protect and preserve potential investors in the cryptocurrency.

[Nahl]

i wasn't know the exact reasons why they looks attempts to frustrate cryptocurrency but maybe they thought cryptocurrency were invited people to get scammed and that's why they will against cryptocurrency but don't have to worried regarding them because cryptocurrency can grow without them indeed this news will have an effect for crypto users but i think it won't last long

[dewi91]

I doubt if there are any sinister reasons for them doing this. If I had a huge company like that and my platform was used to promote things that might harm my reputation and worst, the users that are using my platform.. then I would also ban it. A lot of these ICOs are just plain and simple scams and they are ruining this for everyone.

I think the regulations will catch up to these scam ICOs and then things might return to normal.

You right. Google and the other social media not totally wrong because they are just trying to protect their user's from scam. I do not know if there is a solution to this problem besides what they have done because crypto are decentralization, not easy to regulate it.