Google Updates policy allowing bitcoin and crypto assets trust to be advertised.

[snowpega]

Am I the only one who feels that allowing advertisements will promote fraud, since most cryptocurrency projects are high-risk investments and involve fraud, especially with Google’s policy of tracking fraudulent projects and slow closing or deleting them?

Yes dear you raised a very good point here this will help Scamer to promote their shit projects and on the other hand, google never allowed Cryptocurrency to be advertised but the question is why Google is allowing to advertise bitcoin/cryptocurrency at this time? Well, I think Google is playing too smartly because it is so obvious Google also has an advantage of it when users run advertisements for Crytp products. So, when they notice the involvement of big institutions in Bitcoin like Blackrock approval for Bitcoin ETF they rush to allow user to run ads for crypto products so that they can have more advantages of it. The point is that the involvement of big institutions puts interest in investors to invest through ETF.

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[Natsuu]

Google giving the green light to advertise crypto stuff, including Bitcoin, is pretty cool. It means more projects can reach a bigger audience. And with Bitcoin ETFs getting the nod, it might bring in more traditional investors, making the whole crypto scene even more interesting. Exciting times ahead more opportunities with bitcoin

[teamsherry]

I think we could see some negative aspect too, this means more fraudulent projects would advertise to a wider range of people and many I'll informed persons would fall for more scams this year. 🤷‍♂️👺🙆

I also feel Blackrock has a hand in this, You know they own some shares in Google too, who knows if this makes any sense 🤔

[Cookdata]

From the 29th of January Google allowed to advertise cryptocurrency assets and Bitcoin which may help to make Crypto and bitcoin more popular and as in result adoption of cryptocurrency may increase. These kinds of news put trust in investors and they rush to invest in bitcoin as ETF also has been approved.

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

I saw this yesterday on Watcher Guru website. I wasn't surprised but I pick some bullet from the article that was posted and I just think that Google is full of shit and are ready to bend rules for you from their policy if you have big money they can't turned down.

For years, Google policy has never been crypto friendly with advertisement of projects, anything related to crypto or bitcoin but where the first person to bend rules for Blackrock. To think that they are ready to accept Bitcoin ETF adverts but can't do a simple, non harmful adverts for Bitcoin even when some people where are ready back then to promote Bitcoin.

Now what? Blackrock has given them what they need and are ready to make out rich for people that want ETF, they wouldn't channel the advert to people who don't understand bitcoin, it's going to be back to personalize people that discuss about bitcoin everyday and why should I buy one when I know it's easy and safer to buy real Bitcoin to my wallet. Don't trust these guys.

[angrybirdy]

Nobody cares about their update anyway. They and Facebook cause FUD some few years back by banning crypto related ads for no proper reason, yet they would still allow phishing scams and Ponzi schemes to be advertised, and now they made a U turn?
I have just one word for them, clowns! 🤡

Exactly! it's just surprising that they suddenly lifted the ban for crypto related ads when they weren't crypto friendly from the very start. Google is also smart, they are only doing this for their own benefit, especially now that they know that many people are gaining knowledge and investment holding with crypto.
one of the reasons I see why they removed the ban, maybe because of the news that ETF Approval by the SEC but, they should not be trusted with the advertisements they release because we know the history of what they did before where they spread FUD and FOMO.

[Volimack]

The popularity of bitcoin ETFs increased after they were approved. The good news is that google is spreading its projects to everyone through advertising and people will know more about bitcoin. Demand from many investors will increase. But be careful advertisements do not always provide accurate information and tend to be scams.

[NotATether]

Am I the only one who feels that allowing advertisements will promote fraud, since most cryptocurrency projects are high-risk investments and involve fraud, especially with Google’s policy of tracking fraudulent projects and slow closing or deleting them?

Youtube already does this at scale; they don't care at all. They will show you an advertisement of some fake Elon Musk launch and have a link and QR code that takes you to a scam website which embodies a classical doubler scam.

I'm still annoyed at Facebook for actually running a legit Bitcoin doubler, because now people think that these things are ok.

[avp2306]

Nobody cares about their update anyway. They and Facebook cause FUD some few years back by banning crypto related ads for no proper reason, yet they would still allow phishing scams and Ponzi schemes to be advertised, and now they made a U turn?
I have just one word for them, clowns! 🤡

Exactly! it's just surprising that they suddenly lifted the ban for crypto related ads when they weren't crypto friendly from the very start. Google is also smart, they are only doing this for their own benefit, especially now that they know that many people are gaining knowledge and investment holding with crypto.
one of the reasons I see why they removed the ban, maybe because of the news that ETF Approval by the SEC but, they should not be trusted with the advertisements they release because we know the history of what they did before where they spread FUD and FOMO.

Maybe there's something changes on their decision when Bitcoin ETF has been approve and now they don't want to be left behind and want to ride up with possible profits they can get from those company want to advertise their services using their platform.

What we can look up for them at the moment is they should know how to filter those platform or programs want to advertise so that they can avoid those scammer take advantage on situation since we know how huge the traffic could possible bring to those people and scammers would be lucky if they reach on more wider audiences. That's the reason why people should never believe what they see online since aside from what you said there are so many sketchy attempts there so we need to be aware on any possible crazy attempts to happen.

[Silberman]

Nobody cares about their update anyway. They and Facebook cause FUD some few years back by banning crypto related ads for no proper reason, yet they would still allow phishing scams and Ponzi schemes to be advertised, and now they made a U turn?
I have just one word for them, clowns! 🤡

Exactly! it's just surprising that they suddenly lifted the ban for crypto related ads when they weren't crypto friendly from the very start. Google is also smart, they are only doing this for their own benefit, especially now that they know that many people are gaining knowledge and investment holding with crypto.
one of the reasons I see why they removed the ban, maybe because of the news that ETF Approval by the SEC but, they should not be trusted with the advertisements they release because we know the history of what they did before where they spread FUD and FOMO.

Whenever we see a party making such an abrupt turn we can conclude they did it simply for the benefits they think they can obtain from changing their decision, and this is exactly what Google is doing, not that I condemn them for it, however the amount of people that get scammed will increase while they fill their pockets, making myself not very enthusiastic about this as we will get a lot of people coming to the forum to complain about it during the next months and years.

[The Sceptical Chymist]

Hasn't google lifted the crypto ban on their ads couple of years ago? and from what it looks like, this policy update seems to be about "Cryptocurrency Coin Trust".

Yeah, I noticed that as well and though I haven't read through the entire document I'm surprised nobody before you has pointed that out.  Google sucks dicks, whether it comes to crypto, truth gatekeeping, or whatever else.  Whatever this new updated policy is about, I'm sure it goes against their former motto of "don't be evil".

But I'm pretty sure whatever new policy they hand out will be bypassed by scammers lol. This is why I'm honestly not really sure how much crypto ads on google help since 90% of what I encounter are cookie cutter scams.

You'd be surprised (or perhaps not) how many people fall for the most obvious scams, and with bitcoin/crypto being so speculative and red-hot, I don't doubt there are enough suckers out there who'll fall for whatever scams make it through google's net that it'll make it worthwhile for the scammers to keep trying.  They always do.

[AprilioMP]

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

As far as I remember, the big company Google has several times tightened regulations regarding advertising for all types of cryptocurrencies for the reason of preventing potential fraud and misleading promotions for all types of cryptocurrencies.

Searches for information on Google regarding crypto advertising regulations occurred before the previous year's halving. Bitcoin is the most intensively promoted by Google and now they are also prioritizing searches for Bitcoin, especially the search keyword Bitcoin spot ETF.

Google is a big company. In my opinion, the looser rules regarding Bitcoin and crypto advertising are part of their strategy to make a profit. The leeway comes ahead of the SEC approving spot ETFs.
It seems to me that that's good for them and most of the Bitcoin community doesn't really care about the regulatory changes that are often made regarding this type of Bitcoin advertising.

[LastKiss]

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Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

I guess Google doesn't want to miss the train too since Bitcoin ETFs already been approved and when Google started accepting Bitcoin advertising I saw some ETFs ads when I used google, it will increase their revenue in this matter. On the other hand there will be more Bitcoin and other cryptocurrency ads incoming it's not strange especially when the bull market start.

[2Pizza410000BTC]

source

From the 29th of January Google allowed to advertise cryptocurrency assets and Bitcoin which may help to make Crypto and bitcoin more popular and as in result adoption of cryptocurrency may increase. These kinds of news put trust in investors and they rush to invest in bitcoin as ETF also has been approved.

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

I'm never surprised to see cryptocurrency asset Bitcoin being advertised on Google because Google started such ad campaigns for their own benefit. Even though Google promoted such ads for their own benefit, it will bring many benefits for Bitcoin. There are many new users or those who don't know about bitcoin yet may know about bitcoin by looking at this google and show interest to invest in bitcoin. However, overall I think the Bitcoin advertising system on Google is very good.

[Z390]

I am not surprised either, Google is a giant company in it's own game so you should know that this will come since the ETF approval is now a success, also it's safe to say that google is doing this for their own benefit too, there are some legit crypto projects that are now using Google cloud like AGI and few others, partnership will be made, more money will come anyway, it's a win/win situation.

From my other side of view it's beneficial for crypto space in general, it's bringing in more trust and those who have been folding their hands for the past years might end up looking forward to start buying some Bitcoin, it's what we all want to see isn't it? So there is that, all in all this have it's good side too.

[jrrsparkles]

Am I the only one who feels that allowing advertisements will promote fraud, since most cryptocurrency projects are high-risk investments and involve fraud, especially with Google’s policy of tracking fraudulent projects and slow closing or deleting them?

YouTube is one of the Google's product where all the crypto currency scams are advertised with no restrictions now allowing the sponsored ads and paid ads will make things worse, especially the scammers who don't hesitate to spend few thousands dollars to make their scheme looks legitimate.

[avikz]

I see more scammers using Google advertising rather than the legitimate ones. Google says crypto ads are banned, but in reality that's not the case as games like Aviator is flooded across internet for some time now. So I don't see any major impact unless Google can clean themselves up.

For cryptocurrency, it's community is its biggest advertisement. No Google or Facebook can replace that. Word of mouth publicity is still the most effective way of advertising.

[magneto]

Pretty interesting how these policy lines shift as soon as there's money to be made, since bitcoin ETFs are approved.

I have come to realise that a lot of these companies make decisions that are reflective of the policy climate at the time, without much regard for the greater purpose of the things that they are advertising/serving to people.

At the end of the day profit margins need to be maintained. But either way, this is a positive development for bitcoin.

[hd49728]

Pretty interesting how these policy lines shift as soon as there's money to be made, since bitcoin ETFs are approved.

I have come to realise that a lot of these companies make decisions that are reflective of the policy climate at the time, without much regard for the greater purpose of the things that they are advertising/serving to people.

At the end of the day profit margins need to be maintained. But either way, this is a positive development for bitcoin.

Google have big business ecosystem and any policy change potentially can affect their business. It is not harmful if they don't accept cryptocurrency because they still can earn money from other products.

If they accept cryptocurrency while legal status is unclear, their business will have potential damage.

Similarly to Google, I believe some big audit companies will soon join cryptocurrency market. The Bitcoin Spot ETF approvals from SEC. are like unofficial announcement that the legal environment for cryptocurrency now has become more friendly and legally in the USA. Top 4 Audit companies will not refuse chances to join this potential industry if they see risk is already eliminated legally.

[Deddyhoku]

Maybe this will attract some newbies to pump the price. Sad that etf did nothing useful yet

[yazher]

Google giving the green light to advertise crypto stuff, including Bitcoin, is pretty cool. It means more projects can reach a bigger audience. And with Bitcoin ETFs getting the nod, it might bring in more traditional investors, making the whole crypto scene even more interesting. Exciting times ahead more opportunities with bitcoin

It's another big huge step forward for the crypto community because this kind of exposure with Google is something that we really need this time and it will shut all hostile groups on spreading bad rumors against Bitcoin because it is now partnered with strong and decent companies such as Google. Now we are going to have more on the boat because Google ads are everywhere and no one could deny its popularity. This timing is nice since we are in the Halving season and it can create a good atmosphere for the investors and they might gonna buy more bitcoins just because of it.