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Author Topic: Is Facebook against Bitcoin?  (Read 2762 times)
Blackhammer321
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October 23, 2018, 01:38:35 PM
 #101

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.

I agree with this. Facebook did not want advertisement that is just a scam thatis why they do not like paid advertisement, as of today more and more people do not really do research because they want things to be easy and quick. With this we can say that if Facebook launched those kind of ads, people aill be easily encourage.
lyks15
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October 23, 2018, 02:10:40 PM
 #102

I think facebook is not against about bitcoin because facebook is open for everyone or for anything publicity like promotion or business. We are classified bitcoin as a business so we can promote it on facebook. But I think it is not a facebook who are against at bitcoin,the negative people who are using facebook. They will use facebook to say something negative about bitcoin to make other people also against about bitcoin. Facebook is one of the bridge that help bitcoin to spread a good news that bitcoin is the key to achieve all we want to have and what are goals that we need to achieve.

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Smon
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October 23, 2018, 02:22:42 PM
 #103

I think facebook is not against bitcoin, although facebook has banned bitcoin ads and ico projects but not because facebook wants to fight bitcoin. Facebook wants to bring security to users against phishing projects

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CryptoSmile
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October 23, 2018, 02:32:00 PM
 #104

I don't see Facebook fighting bitcoin, but what I see is that Facebook tries to prevent misuse or misdirection from people who are not responsible for crypto or bitcoin currencies. Facebook is trying to regulate advertisements about cryptocurrency or bitcoin to avoid crime such as fraud and so forth. This is a positive step and for me part of Facebook's participation in supporting cryptocurrency or bitcoin.
SneakyLady
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October 23, 2018, 02:37:21 PM
 #105

They're not against bitcoin, they just want to stop taking shit from government entities accusing them of jeopardizing user privacy. They're going to use AI to spot ICO scams, and I doubt they'll deny ad revenue for crypto, until they create their own currency of course. Whoever creates the most used currency has the most world power, and this is what they're ultimately after. They're not "against" anything, they're for staying relevant and will do whatever it takes. As of now this means jumping on the blockchain bandwagon and investing heavily in AI/VR/AR.
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October 23, 2018, 02:38:45 PM
 #106

We all know that Facebook is the good social media for promotion crypto and increase users. I have faced this type of problem in crypto related posts before 3 months. But Facebook now won't restrict any crypto related post. Facebook helps bitcoin to reach more people to know about cryptocurrency. So I think Facebook is not against Bitcoin.

Quennlorna42
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October 23, 2018, 02:46:22 PM
 #107

I heard the news on some days that facebook was banned by bitcoin maybe it violates regulation even if it works well, they can not correct the wrong, because facebook is banished to a coin desk so even the Facebook ads are againts in a cryptocurrency bitcoin. facebook still tries the right to protect its users and the bitcoin against facebook will still be a bitcoin in all crypto.
Huskarls
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October 23, 2018, 02:49:34 PM
 #108

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.

here we can see that Facebook is very wise to respond to how this crypto and its impact on Facebook is quite large, even though a while ago there was an issue that Facebook and Twitter were a bit uncomfortable with this.
In the end there is tolerance as well because against the flow of crypto also Facebook itself will also be overwhelmed
dimiinx
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October 23, 2018, 03:04:05 PM
 #109

in my opinion, facebook is not against bitcoin because there is no connection between the two and I think why facebook fight against it is useless and bitcoin does not harm facebook, so bitcoin is never wrong
Amevalentine
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October 23, 2018, 03:06:52 PM
 #110

I think there is no point in facebook fighting bitcoin because there is no connection to Facebook and I don't think this needs to be discussed and does not need to be reported because it does not harm Facebook and other social media.
iam_aayushiJ
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October 23, 2018, 03:11:45 PM
 #111

They are not against anything which can bring them money, it is just that ICOs were running fake advertisments, and then they were doing harm to the community, for facebook users and community matters a lot, and there advertisment is there primary source of revenue.

Recently google and other social media started started accepting cryptocurrency advertisments for regualated exchanges.

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sergo16
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October 23, 2018, 03:40:47 PM
 #112

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October 23, 2018, 06:54:57 PM
 #113

Facebook was against transacting cryptocurrency for sometime. In the end they started accepting cryptocurrency as they didn't want to lose out on this specific market.
Thinkable999
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October 23, 2018, 06:55:27 PM
 #114

Facebook was against cryptocurrency a while back. But recently they changed their decision and beggining to accept ads of cryptocurrency. It was a great news.
Mr.Boring007
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October 23, 2018, 06:55:53 PM
 #115

Facebook banned only crypto related paid promotions mostly because it was trying to protect the community from scam ICOs. But they are changing their ad policies regarding cryptocurrency currently.
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October 23, 2018, 06:56:25 PM
 #116

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.
What about BitCoin? What he can give them profit? Unless in the opposite direction. But who said that with a deflationary model, the economy will function normally?

Saunder2018
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October 23, 2018, 06:59:06 PM
 #117

Facebook has a huge community and they want to protect their users. They are not against bitcoin, they just want to protect their users from scams.
Champion Coin
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October 23, 2018, 07:05:24 PM
 #118

I could see Facebook launching their own token if they're still relevant in the future.
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October 23, 2018, 08:05:23 PM
 #119

I think I’ve heared it few months ago that Mark Zuckerberg wanted to ban cryptocurrency advertisements on facebook for some reasons but then I still see ICO promotions and trading and other crypto related posts. There are too much crypto advertisements all the time so I think if he decides to ban it it will affect Facebook rating.

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Addywealth
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October 23, 2018, 09:14:44 PM
 #120

Facebook is not against bitcoin just that they try to regulate the content posted on Facebook as it concerns cryptocurrencies. They do this reduce or stop scammers from carrying out their fraudulence on the Facebook community which I think is good.
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