Is Facebook against Bitcoin?

[Bagaji]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

The reputation acquired by Facebook from her community is more precious than the million dollars that can result to the loose of it(reputation), looking into what recent happened in cryptocurrency warrant such action from the said giant social media platform. They are not against Bitcoin rather try to shield her community against scam.

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[Jocuserious]

Actually I know Facebook banned just Bitcoin adds and every advertising because lot of ico and scam investment platform have in this crypto market.so it is the main reason for Facebook banned crypto advertising. Basically Facebook is the good social media for promotion crypto and increase users.

[Kakmakr]

Facebook is lately getting a lot of flack from the US government and we know they are their lap doggie, so I figure they would want to dance by their tunes as usual. Social media in general are under fire, so they will avoid controversial issues with the government and that explains the actions against Crypto currency advertisements.

The herd mentality is clearly kicking in, if you look at the collective actions of most of the social media platforms. 

[raidarksword]

Having on social media is the best to promote crypto currency but nonetheless there are certain limitations wherein such facebook don't allow fully crypto ads on their platform because some users mistreated the benefits of it. For instances such as scams are rampant on facebook and that's what makes it more complicated and mostly the spams as well are. So i don't blame facebook for being strict on crypto currency.

[Spider A4]

I think this was rumors spreading by some blog news but in reality there are no existence. I control 2 crypto related social media accounts but still i can post nicely without any trouble. Facebook is great impact in crypto because it's a big platform to promoting ICO project.

[Bertoman]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

Yes facebook is not against in Bitcoin. Facebook only protects people who are not victims of scam investment.

[steampunkz]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

Some say yes some say No, But as far as I know they are also planning to make their own cryptocurrency like google for profit. As bitcoin rises few advertisers now are promoting Bitcoin, And Facebook knows the big risk because they are gaining small profit from it.

[waitforme]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

Yes, facebook is not against in Bitcoin. Facebook only protects people who are not victims of scam investment.

Facebook wants to protect people from scams as they create fake ICOs. But FB also made its own decision, and they made a statement about it, saying they would not accept Bitcoin and Crypto. But do not worry that the Giants refuse it because Google has accepted many Altcoins as a form of payment.

[ricatop]

Yes, of course, Facebook against Bitcoin. Remember because of what the market fell in the winter - precisely because of the ban on Facebook and other social networks.

[piterpie]

Facebook started blocking all virtual currency ads including Bitcoin, iCOs and be like. This is part of a policy against fraudulent marketing on this social platform.Facebook will no longer accept ads for regular financial services related to fraudulent or misleading advertising, including ads for Bitcoin. But this decision is not permanent, Facebook will revisit the rules when they realize that managing it better and eliminating bad ads.

[Destroyeroff98]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

As far as I know, Facebook has banned only ICO advertising. To prevent fraudulent projects.

[batang_bitcoin]

I guess Mark Zuckerberg is planning to promote his own crypto.

Its still a rumor that he's going to create his own crypto.

Even before they created their own payment method and "credit" thing for purchasing facebook's services and specially during those glory days of FB games.
i.e Restaurant City, farmville etc.

Facebook is filtering all of those crypto related ads that can be useful and non-useful to their users.

[Red-Apple]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

As far as I know, Facebook has banned only ICO advertising. To prevent fraudulent projects.

they banned any kind of cryptocurency related advertisement but this ban was because of the ICO scams that has been happening all year last year using Facebook to get newbie victims outside of crypto-circles.

[MTNAX]

In my opinion, Facebook does not prohibit bitcoin, but Facebook only wants to protect people from fraudulent irresponsible individuals who distribute paid crypto ads. But until now I know that Facebook can still be used to post bitcoin ads, even many people who use Facebook become a tool to promote bitcoin.

[andieoke]

I didn't see Facebook against Bitcoin, I even heard that Facebook would create its own Cryptocurrency. but some time ago, Facebook had banned Cryptocurrency ads on Facebook pages, but now the ban has also been revoked. I think Facebook supports bitcoin. And I have rediscovered, the largest Cryptocurrency ad on social media in the world.

[Patatas]

Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

Wait a couple of years more and you'd see how facebook will move all their daily operations on cryptos. Pretty sure they would have crypto-projects on-going in the company but only time would tell. Facebook doesn't even ban porn/gore until reported. Banning cryptos is way out of their scope.

[jyotianand01]

It was a rumor that facebook is going to ban cryptocurrency ads and if they do that, they got a huge revenue cut as this industry is growing very rapidly and no one can ignore it hence it was not done.

[kojoannan]

It seems you answered yourself already. There is not any policy from facebook, the social media agent against the use of it platform to promote cryptocurreny related services and products.

[Hira1995]

Facebook is not against bitcoin. Facebook is a social media medium, and bitcoin is a digital currency. I think facebook will help support bitcoin because facebook ads will work on behalf of bitcoin.

[ribowo76]

In my opinion, maybe Facebook wants to protect its community from ICO guise fraud. because, as we have seen, since the ICO explosion, many ICO frauds have sprung up