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Facebook is banning all ads promoting cryptocurrencies

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Re: Facebook is banning all ads promoting cryptocurrencies

#181

Earlier quoted context omitted.

> I recently spent a week in Hawaii and listened exclusively to a local radio station the whole time. It occurred to me that my view of what people did for fun, or where they grocery shopped, or what issues were important to them, and generally "what the locals do" were largely determined by who happened to be paying that radio station to play their ads. And it was just an "ah-ha" reminder that in every group, cultur…

That's literally their entire point, you just repeated it back to them as an insult.

That was not insulting at all. It was also said that

>there are a few advertisers that have an outsize influence on what people think their own grass-roots culture is.

so no, not "literally their entire point" since he said it affected people's view of their own culture.

Re: Facebook is banning all ads promoting cryptocurrencies

#182
post #134

Earlier quoted context omitted.

Is there anything that it can exclusively do? I mean functionally in the real world, right now.

Why is that question important?

At risk of taking the bait... why wouldn't that question be important?

Re: Facebook is banning all ads promoting cryptocurrencies

#183
post #116

Assuming rumours FB is developing their own cryptocurrency, along with Amazon and Google, as has been suggested on various forums, isn't there a risk here for them? Banning potential competitors in what you could generously describe as the dawn of the next internet (in many ways the crypto wild west is v similar to early dot com days, complete with all the shysters and con artists) seems unethical and may bring up an…

You are correct, that would be a risk for them (especially for FB) because of how big they've become. Anecdote: in 2014, I registered an account on Twitter called "tweetcoin". I felt social networks would start developing their own currencies. I posted one comment, "exciting things in the works". I was promptly locked out of the account, and a new tweet appeared there (dated 2012!), stating "this is not your account.…

And oddly enough, it says the account was created in 2008. Very strange indeed.

Re: Facebook is banning all ads promoting cryptocurrencies

#184

Finally. I've been intentionally clicking ICO ads so that I get targeted for more ICO ads. It's been interesting. - Many of them have the most buttery smooth introduction video that was just so compelling to stare at. - Many has business lines like, "The total market for car loans / social media advertisement / game currency is N trillion... - The "team" page for them are mostly Russian / Eastern European. Some of th…

I did the same. For people who haven't seen the ads, here are 3 I seen so far: https://imgur.com/a/tsOOe

"... Blockchain, Machine Learning, and Video..."

just add cannabis and kittens and you've really got something!

Re: Facebook is banning all ads promoting cryptocurrencies

#185
post #103

Earlier quoted context omitted.

You have pretty garbage ad blocker if it loads the ad then hides it instead of just never wasting resources to load the ad in the first place.

Some blockers are specifically created like that. Their rational is a combination of letting the website owners (who embedded the ads) get their money and hiding that they're using a blocker.

FWIW most (but certainly not all) ads are sold in a pay-per-click model, increasing the number of delivered ads only lines the ad network's pockets (who sells them to advertisers as pay-per-view).

Re: Facebook is banning all ads promoting cryptocurrencies

#186
post #116

Assuming rumours FB is developing their own cryptocurrency, along with Amazon and Google, as has been suggested on various forums, isn't there a risk here for them? Banning potential competitors in what you could generously describe as the dawn of the next internet (in many ways the crypto wild west is v similar to early dot com days, complete with all the shysters and con artists) seems unethical and may bring up an…

You are correct, that would be a risk for them (especially for FB) because of how big they've become. Anecdote: in 2014, I registered an account on Twitter called "tweetcoin". I felt social networks would start developing their own currencies. I posted one comment, "exciting things in the works". I was promptly locked out of the account, and a new tweet appeared there (dated 2012!), stating "this is not your account.…

Assuming you're being truthful, that is pretty weird actually. I'm going through explanations for this in my mind and none of them make much sense.

Re: Facebook is banning all ads promoting cryptocurrencies

#187

Finally. I've been intentionally clicking ICO ads so that I get targeted for more ICO ads. It's been interesting. - Many of them have the most buttery smooth introduction video that was just so compelling to stare at. - Many has business lines like, "The total market for car loans / social media advertisement / game currency is N trillion... - The "team" page for them are mostly Russian / Eastern European. Some of th…

I love your idea of clicking on facebook ads just to see what would happen for a person that did happen to be in that cohort. Other things I have thought of that would be interesting to do this experiment with is multi-level-marketing BS, political ads catering to the opposite side of the isle, and "Preppers". I would find that much more interesting than my current facebook feed that just feeds me more of what I am a…

That happened for me with programmer T-shirts. That's all they showed for months and now it seems to have waned in intensity.

Re: Facebook is banning all ads promoting cryptocurrencies

#188
post #134

Earlier quoted context omitted.

Is there anything that it can exclusively do? I mean functionally in the real world, right now.

Why is that question important?

Everything you need to know about cryptocurrency is right here in this comment.

“What does it do?”

“Why would you ask that? Just BUY BUY BUY”

Re: Facebook is banning all ads promoting cryptocurrencies

#189

Finally. I've been intentionally clicking ICO ads so that I get targeted for more ICO ads. It's been interesting. - Many of them have the most buttery smooth introduction video that was just so compelling to stare at. - Many has business lines like, "The total market for car loans / social media advertisement / game currency is N trillion... - The "team" page for them are mostly Russian / Eastern European. Some of th…

I love your idea of clicking on facebook ads just to see what would happen for a person that did happen to be in that cohort. Other things I have thought of that would be interesting to do this experiment with is multi-level-marketing BS, political ads catering to the opposite side of the isle, and "Preppers". I would find that much more interesting than my current facebook feed that just feeds me more of what I am a…

Because half-a-dozen grasshoppers under a fern make the field ring with their importunate chink, whilst thousands of great cattle, reposed beneath the shadow of the British oak, chew the cud and are silent, pray do not imagine that those who make the noise are the only inhabitants of the field; that of course they are many in number; or that, after all, they are other than the little shrivelled, meagre, hopping, though loud and troublesome insects of the hour. Edmund Burke, Reflections on the Revolution in France (1790). https://en.wikiquote.org/wiki/Grasshoppers#Quotes
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