Confused: Twitter Will Ban Ad But Its CEO Said One Single Currency Will Govern

[ericbai1989]

I saw the https://t.me/oneminute_crypto_news that it follows the trends of twitter in cryptocurrency market. The attitude of twitter seems like they have not made their mind yet.

‘The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin’  Jack Dorsey, co-founder of Twitter spoke to the Times of London.

But we still remember the report said the twitter will ban the cryptocurrency ad.

Will this affect the ad services of coindesk or others?

[hosseinimr93]

It's not something weird if twitter ban ads but the CEO believes bitcoin. What is the problem?

If Twitter bans ads, the ICOs, lending websites, gambling website, etc. will be banned. because there are many scammers. And there is no problem with bitcoin.

[ericbai1989]

It's not something weird if twitter ban ads but the CEO believes bitcoin. What is the problem?

If Twitter bans ads, the ICOs, lending websites, gambling website, etc. will be banned. because there are many scammers. And there is no problem with bitcoin.

Yes, you are right. So then the issue will be how those legit projects to promote? 

[jseverson]

How often do you see ads that are related directly to Bitcoin? Most ads sell investments and investment advice that have very little to do with Bitcoin itself. Heck, some advertise fake phishing wallets. I don't see the move as harmful to Bitcoin at all, other than people dumping because they're making a mountain out of a mole hill. This only hurts ICOs, both legitimate and illegitimate, along with swindlers and scammers.

I don't think Bitcoin needs any advertising, and the more it can distance itself from these scammy ICOs and services, the better.

[ebliever]

Have you considered the possibility that the rumor that Twitter is banning something may be just that, a rumor?

It may be a half-truth, and even if partly accurate it may not have any bearing on Bitcoin. Some have argued that a ban on ICO's would be a positive because it would keep crypto interest more focused on Bitcoin itself. I don't entirely buy that argument, but I wouldn't dismiss it either. The fact that the CEO sounds like a Bitcoin maximalist does fit with this notion that he's pro-bitcoin and anti-altcoin, though.

[mk4]

It's not something weird if twitter ban ads but the CEO believes bitcoin. What is the problem?

If Twitter bans ads, the ICOs, lending websites, gambling website, etc. will be banned. because there are many scammers. And there is no problem with bitcoin.

Yes, you are right. So then the issue will be how those legit projects to promote?  

Legit projects can promote through forum/communities like here on bitcointalk and reddit's r/cryptocurrency[1]. If a project is good enough, it will organically gain legitimate publicity. With or without paid advertising.

[1] https://www.reddit.com/r/CryptoCurrency/

[cryptomoon1002]

I agree with you one hundred percent.. If a project is good enough, it will organically gain legitimate publicity. With or without paid advertising.

It's not something weird if twitter ban ads but the CEO believes bitcoin. What is the problem?

If Twitter bans ads, the ICOs, lending websites, gambling website, etc. will be banned. because there are many scammers. And there is no problem with bitcoin.

Yes, you are right. So then the issue will be how those legit projects to promote?  

Legit projects can promote through forum/communities like here on bitcointalk and reddit's r/cryptocurrency[1]. If a project is good enough, it will organically gain legitimate publicity. With or without paid advertising.

[1] https://www.reddit.com/r/CryptoCurrency/

[Dapper]

Yes, nothing weird about that.   A lot of us believe in the future of btc, but there is no doubt that there is a LOT of junk out there in terms of ads that purport to be involved in btc, but really are just pigs wearing lipstick.

[pooya87]

every single ban that has taken place so far, whether it is for ads or just banning cryptocurrencies has been because of all the scams that has been happening. all these scam altcoins, scam ICOs which are illegally raising funds to do nothing and run away with them. like always there are some people who will ruin everything for everyone else.
but that doesn't mean people will stop believing in bitcoin just because of some scam ICO. in fact they will instead invest more in bitcoin because the money they were wasting on ICOs will now be invested in bitcoin.

[ericbai1989]

every single ban that has taken place so far, whether it is for ads or just banning cryptocurrencies has been because of all the scams that has been happening. all these scam altcoins, scam ICOs which are illegally raising funds to do nothing and run away with them. like always there are some people who will ruin everything for everyone else.
but that doesn't mean people will stop believing in bitcoin just because of some scam ICO. in fact they will instead invest more in bitcoin because the money they were wasting on ICOs will now be invested in bitcoin.

Yes. I agreed what you said. But the thing will be where the trust of bitcoin comes from? I know we need to skeptical on the alcoins. But how and why we trust bitcoin?

[joebrook]

I saw the https://t.me/oneminute_crypto_news that it follows the trends of twitter in cryptocurrency market. The attitude of twitter seems like they have not made their mind yet.

‘The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin’  Jack Dorsey, co-founder of Twitter spoke to the Times of London.

But we still remember the report said the twitter will ban the cryptocurrency ad.

Will this affect the ad services of coindesk or others?

With what they are saying, it seems that they are going to ban the ICO  and ads of some cryptocoins whiles they allow a single one to advertise on twitter but i believe that it gives an unfair advantage for the coin that the CEO says that it is going to govern.

[avikz]

I saw the https://t.me/oneminute_crypto_news that it follows the trends of twitter in cryptocurrency market. The attitude of twitter seems like they have not made their mind yet.

‘The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin’  Jack Dorsey, co-founder of Twitter spoke to the Times of London.

But we still remember the report said the twitter will ban the cryptocurrency ad.

Will this affect the ad services of coindesk or others?

Twitter is a listed company so it really doesn't matter what the CEO thinks of bitcoin. If the stakeholders want to ban cryptocurrency advertising, twitter will have to do it. But having said that, twitter is just planning not to serve cryptocurrency related advertising in their platform. But they are not going to ban or restrict cryptocurrency related accounts.

So a shift in advertising strategy will have to be implemented. The crypto related companies will have to move from platform based advertising to community based advertising. That is ideally a good thing because the community will then have the power to reject scammy projects and accept genuine projects.

[MilfordGannon]

Even if twitter bans Crypto ads, it doesn’t mean it is imposing ban on crypto. Problem is with the ads, coz many ads are full of scams. Jack Dorsey’s statement will help people gain trust on crypto.

[vandako]

I saw the https://t.me/oneminute_crypto_news that it follows the trends of twitter in cryptocurrency market. The attitude of twitter seems like they have not made their mind yet.

‘The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin’  Jack Dorsey, co-founder of Twitter spoke to the Times of London.

But we still remember the report said the twitter will ban the cryptocurrency ad.

Will this affect the ad services of coindesk or others?

That report saying Twitter is going to ban crypto ads is not yet confirmed. And the co-founder speaking in favor of bitcoins is a confirmation that is is not going to happen.

[p3ppymon]

Everything is money driven in this world. Financial services make huge money while ads cost the same for all businesses. Facebook and Twitter greediness in my opinion.

[crptomoon1001]

It makes logical sense that one single currency will govern all financial transactions across the globe in future.. I truly agree by that statement

[moonblocks]

This mostly seems to be media hype

Has twitter officially confirmed that it is going to ban cryptocurrency ads and if so when will this occur?

[metenjean]

Its not confusing if you read the headline, "ONE" single currency then that means only bitcoin will govern and will ban other cryptocurrencies ads. Most of them are scams and it just keep popping everyday without any regulation to control it, printing money from the thin air is the definiton more likely to be attached into ICOs 

[Pursuer]

Its not confusing if you read the headline, "ONE" single currency then that means only bitcoin will govern and will ban other cryptocurrencies ads. Most of them are scams and it just keep popping everyday without any regulation to control it, printing money from the thin air is the definiton more likely to be attached into ICOs 

unfortunately that is true and WE need to do something about it and do it quickly if you ask me!
all these ICOs and all these people who are taking advantage of the not-regulated state of this market to scam people need to be pushed out of the market by us, because there is nobody else doing it in a decentralized free market. the first thing to do is to stop investing in these ICOs so that they see that making money for them is no longer an option and then we also have to educate newcomers not to fall for their schemes and advertisement. eventually we can hope to get all of them out and then as a result we can stop seeing these silly kind of bans happening.

[Nerman]

Twitter is banning ICO which is most of the time scams are they banning bitcoin tweets NO!  People usually assumes that banning crypto ads are bad but i found it posistive. They just want to protect their users from scams ICO.