Many big powers agains crypto

[Sanugarid]

I just read this article and it really startled me. Seems "the big boys" are not betting on the crypto horse and would hope to see it die out.
Guess that is no news but when social media platforms are applying this type of censorship it crosses some limits in my book.
https://news.bitcoin.com/speculation-abounds-regarding-youtubes-removal-of-crypto-content/
Is this the beginning for a new crypto exclusive youtube clone?

This will confirm that Google is really against Cryptocurrency and since they owned Youtube and they know this is a good channel for Cryptocurrency, they are now banning some channels at the slightest, I have subscribed to a lot of channels and thank goodness they are not yet deleting it, they should take away videos that are reported to be coming from scam projects in the Cryptocurrency but not those verified by users as a big help to them.

They are against of advertising those cryptocurrencies promotion because they are scared of what crypto can do to their ownership. They want the community to just always use a fiat because they know that fiat is much more certain and effective as a world's currency.

When they know something is about cryptocurrency, they take actions and they want to eliminate it. But they have nothing to do with cryptocurrencies capability to regulate around the world.

That's really the problem in crypto, they want to dominate it without understanding how it works. Why will you try to compete with a currency that can help to grow economy by using digital money to pay in easy transactions. Imagine that, it just have a positive mission and yet many big people are against it.

Pathetic.

[kotik085]

I just read this article and it really startled me. Seems "the big boys" are not betting on the crypto horse and would hope to see it die out.
Guess that is no news but when social media platforms are applying this type of censorship it crosses some limits in my book.
https://news.bitcoin.com/speculation-abounds-regarding-youtubes-removal-of-crypto-content/
Is this the beginning for a new crypto exclusive youtube clone?

This will confirm that Google is really against Cryptocurrency and since they owned Youtube and they know this is a good channel for Cryptocurrency, they are now banning some channels at the slightest, I have subscribed to a lot of channels and thank goodness they are not yet deleting it, they should take away videos that are reported to be coming from scam projects in the Cryptocurrency but not those verified by users as a big help to them.

They are against of advertising those cryptocurrencies promotion because they are scared of what crypto can do to their ownership. They want the community to just always use a fiat because they know that fiat is much more certain and effective as a world's currency.

When they know something is about cryptocurrency, they take actions and they want to eliminate it. But they have nothing to do with cryptocurrencies capability to regulate around the world.

That's really the problem in crypto, they want to dominate it without understanding how it works. Why will you try to compete with a currency that can help to grow economy by using digital money to pay in easy transactions. Imagine that, it just have a positive mission and yet many big people are against it.

Pathetic.

Big forces prevented bitcoin when the price of bitcoin rose to $ 20,000. There are evidence of this, and the former founders and just employees of the SEC, knew about it and brought Bitcoin down in 2017.

[kaya11]

There has been immense pressure on YouTube to restrict and censor content. The issue is much bigger than just cryptocurrency. Multiple lawsuits have already been filed against YouTube for their moderation policies:

Strange times make for strange bedfellows. So it is in 2019 when conservative nonprofit Prager University finds itself allied with a group of left-leaning LGBTQ+ YouTubers. The common denominator? Both groups are suing YouTube for discriminating against their videos.

However, it's not actually clear that YouTube is cracking down on crypto-related broadcasters. This may be a coordinated mass-flagging attack:

While many are pointing to centrally organized, mass Youtube censorship of crypto, some are wondering if a more personal conflict might be involved. Screenshots from an alleged Telegram conversation posted by Chico Crypto show a user identified as @IamSamSmith stating “This is only the beginning of your demise Chico. You started a war which you will not win. I Sam Smith vow to bring upon you the same pain which you did to me. We will keep flagging.”

The user’s self-description reads: “Fighting back against rasist scammars in crypto.” When news.Bitcoin.com reached out to the user via Telegram, he claimed “I got chicocrypto banned absolutely.” When asked about the other channels he claimed he was involved in the removal of their content as well, saying: “Many of them are anti Indians and they spew hate speech.”

On his Telegram channel, Sam Smith Truth, the user states:

Youtube is finally taking a stand against the ‘white population’ of crypto by removing videos, and giving strikes. Diversity is a beautiful thing and crypto should welcome all backgrounds.

Then I guessed some us promoters of altcoins out here are in big trouble. I never have imagined they would go beyond what I expected. Now even YouTube is in danger if they don't do proper actions. Well what do intent to do? Delete all the users or just blocked them if they are proven to be advertising crypto currencies?

[proxydomain711]

It seems like just an attack, either personal or political, by other people unrelated to YouTube or Google. Google has been open on adopting cryptocurrencies. News about Google integration to smart contracts for Ethereum^[1] and Google Pay's plan to support crypto^[2], seem to indicate the other way.

https://www.forbes.com/sites/hanktucker/2019/06/13/google-integrates-cryptocurrency-project-with-new-blockchain-oracle/#7dfd615261dd^[1]
https://cointelegraph.com/news/multicurrency-crypto-wallet-integrates-apple-pay-with-google-pay-to-follow-within-weeks^[2]

[Eugenar]

Big forces prevented bitcoin when the price of bitcoin rose to $ 20,000. There are evidence of this, and the former founders and just employees of the SEC, knew about it and brought Bitcoin down in 2017.

Maybe what they are doing to prevent the bitcoin to increase further is to handle huge amount of it and when time comes, they are selling to manipulate the market. Because basically they don't have any other things to implement to control the Bitcoin nodes around the world. It is all scattered around the world so with one country having regulations, it is not enough to control transactions.

So to sum up, big powers with cryptocurrency could be achieve if we try our best to hodl huge volume of cryptocurrency.

[BChydro]

However, it's not actually clear that YouTube is cracking down on crypto-related broadcasters. This may be a coordinated mass-flagging attack:

This might be the real situation, target attacks and mass flagging can get your contents down and i have not seen the team responding why the contents are taken down and it is because they were forced to remove the content because of mass flagging and if that is the case i hope they will reinstate all the videos back and flag the people who flagged the contents, how long this will go is also interesting.

[metalglowd]

This is most likely just a rumor and hope it will never happen, because Youtube up to now has a pretty good educational objective on crypto and I don't think there is a conflict that impacts on YouTube, it is possible that channels or videos that contain elements of fraud so its not like Youtube fighting to crypto but fight its fraud content.

[airdnasxela]

Maybe because YouTube is growing so much that a lot of people are going to YouTube to be a vlogger or something so maybe YouTube is being more strict to prevent inappropriate things to happen. We all know that crypto community is more prone to crimes like scams and etc. I hope that this won't start a move against crypto because YouTube is actually a good platform in learning the basics about crypto. I started watching lessons on YT.

[Chlotide]

By the looks of it seems it actually may be a targetted attack on a niche of crypto youtubers.
https://twitter.com/VitalikButerin/status/1210028097996820481?s=09
https://twitter.com/ChicoCrypto/status/1209891720827006976?s=19

Some say about (a) certain telegram group(s) that orchestrated the attack, others blaim BSV, some go to the extent of claiming big dump ahead (did not unserstand if btc or alt) and "they" want to shut theese guys up (tho to be fair the Craig Wright theory may be slightly more plausible IMO).
Whatever it would be, seams YT may not be the main culprit here, which is good news either way
Seems they would need to tweak their community report system as looks like it may be exploited by a certain group. What is the end game is anyone's guess.

[Ayiranorea]

More such incidents have taken place in the past with Facebook, Twitter and other medias. Now YouTube has been experiencing some pressure as more news about cryptocurrencies and the way of usage is getting importance in the youtube. Governments always make people stay away from scams, and with such a intention this step might have been taken. But this is very hard decision, because with sole responsibility we need to analyze and invest than just going through videos.

[philipma1957]

this is against a few youtube members .

youtube videos by  voskcoin has 100000 plus views. he was not censored.

i looked up six or seven people and they all are still up

[Chlotide]

this is against a few youtube members .

youtube videos by  voskcoin has 100000 plus views. he was not censored.

i looked up six or seven people and they all are still up

All evidence so far point to that... I am honestly a bit relieved but on the other hand makes me cringe to see how such a behemoth as YT can still be manipulated by a few telegram attack groups...

If this happens to major authority as Antonopoulos then we might be facing a huge problem. Hope I'm just paranoid here

[bobitza]

Those that don’t buy in or invest are going to get left behind. Those that get in early will rep the greatest reward. Bitcoin isn’t going away.

I do not think so! Indeed, those who do not buy and invest are not left behind. They have the right to choose for themselves the appropriate investment direction. Many countries are against cryptocurrencies, so you can stop participating if you lose all your money. Cryptocurrencies are valuable but not yet widespread.

[k@suy]

Those that don’t buy in or invest are going to get left behind. Those that get in early will rep the greatest reward. Bitcoin isn’t going away.

I do not think so! Indeed, those who do not buy and invest are not left behind. They have the right to choose for themselves the appropriate investment direction. Many countries are against cryptocurrencies, so you can stop participating if you lose all your money. Cryptocurrencies are valuable but not yet widespread.

Yes indeed. Many of the countries are not really against the cryptocurrency nor they just haven't legalize yet the cyryptocurrency because they lack of knowledge about the crypto world. For example they dont know its advantages and disadvantages or even its own basic informations because yes the population of the user of cryptocurrencies are continuesly grows fast but still the population of the non users are still huge than the users

[puertorikosena]

Definitely, cryptocurrencies will not disappear. Only those coins that do not have any benefit in themselves will disappear, do not solve any problems and do not find a response from investors. Moderation on youtube has recently tightened.

[TEX-LXRY]

It is natural to assume those big incumbents will not release their grip on power and control. As a community, we have to be civil, innovative and delivery technologically better alternatives where the consumer makes the decision to switch to decentralized platforms. This will start a new ecosystem of network effects. That is what we need...

[Sebas.tian]

In my myopic view, this has nothing to do with the big powers clamping down on Cryptocurrencies; this act of Yutube will help to curb the lingering issue with scammers around the Cryptocurrency. Many content had been cloned and many have been scammed. This will bring more transparency and real contents only will be on the platform. It's a welcome development and should be applaud.

[Tary12]

after I saw the video on youtube, I understood a little what made it in the video. but I also do not understand much about it.

[Eugenar]

I also heard that YouTube will block content about crypto, this is a major blow where one of the biggest social media against crypto.
but this is not new anymore, there have been many news like this before.
maybe the existence of crypto will be a threat to the youtube payment system so they try to prevent this by blocking content.

I do really believe it is more than just the youtube payment system but the entire google could be subjected to the recent attacks because some applications are also being deleted and removed from playstore with regards to them being related directly to cryptocurrency. Or else, labeled as violated some terms and agreement which isn't true.

Though, this could be quite normal, but when we think about it, it is a huge lost for cryptocurrency space to lose one of the biggest media streams that could result to a very huge impact to its development and one of it is youtube.

[ubercool]

Frankly speaking, it's their own loss. There are many big companies who have understood and started the research on crypto as well as blockchain. Sooner or later everyone will get to know the value. So holding our coins till then would be our goal to survive.