...but they're totally OK with political ads paid in rubles. Fuck Facebook.
Are those worse than political ads paid in dollars?
Facebook is banning all ads promoting cryptocurrencies
221–230 of 254 posts
Re: Facebook is banning all ads promoting cryptocurrencies
#222Earlier quoted context omitted.
Basic Attention Token https://basicattentiontoken.org/
The Black Mirror episode "15 Million Merits" has something like this as its premise. https://en.wikipedia.org/wiki/Fifteen_Million_Merits Some thoughts after going through the whitepaper, > The BAT will, in early stages, be specifically tied to Brave browsers and Brave servers, along with verified publishers Before this, they mention that other browsers are free to adopt BAT. However, no mention is made of a way to e…
> However, no mention is made of a way to ensure the user attention data reported is legitimate.
Exactly. Looks like a race problem, again. Just looking at the diagram on their site (user gets tokens for attention), I immediately thought "Write and deploy attention signaling bots" ...
Re: Facebook is banning all ads promoting cryptocurrencies
#223Earlier quoted context omitted.
The few “squeaky wheels” making the most noise - determining the very face and presentation of a context (in this case a field full of cattle, in GP’s case a handful of advertisers on radio) - is an old idea that even has prose to describe it.
So, comparatively, a few bad screaming apples spoil the whole bunch? (should clarify, I'm not disagreeing, just trying to relate)
It's more that the apparent signal, whatever it is, is not the whole of reality. And often gives quite the mis-placed view of same.
And if the name Edmund Burke means nothing to you, you've a whole universe of enlightenment to attend to.
Re: Facebook is banning all ads promoting cryptocurrencies
#224Earlier quoted context omitted.
Learning dvorak and playing around with its compose key, I was amazed by the vast characters that there actually exists. For a, you also have: äāȧą I would fall for a domain like that. Sadly, you can't blacklist all punycode domains as some are legits in languages where accents are used
So allow those for the TLDs where it makes sense. Keeping them out of .com seems like a reasonable trade off.
.com is supposed to be international. US-only content belongs in .us.
Re: Facebook is banning all ads promoting cryptocurrencies
#225Earlier quoted context omitted.
Selling a large slice of the tokens to a small group of specific investors, such that they obtain a much larger price when these are listed. Because they were in so few holders from day0, and the 'auction' closed so quickly, price discovery entirely up to small group of 'investors'. Its birthing shark whales to steal from the little people. This was back before the real real ICO scams, so it looks pure in comparison.…
By that definition I guess all startups and IPOs are also scams.
"IPOs" happening separately from actually listing on an exchanges are always scams. Startups soliciting investment from the public rather than accredited investors are almost always scams.
Re: Facebook is banning all ads promoting cryptocurrencies
#226Earlier quoted context omitted.
Ethereum seems legit. For modern answers: WTC, SNM are two that I like
Is there anything that it can exclusively do? I mean functionally in the real world, right now.
That cat-breeding/trading game is honestly the most compelling legitimate use case I've seen for any cryptocurrency.
Re: Facebook is banning all ads promoting cryptocurrencies
#227these news sent the bitcoin charts below the magical $10000, a second time after the "crash that wasn't", two weeks ago will we finally see a real dramatic crash, or will it just fade away? as much as I feel sorry for those that were duped, some part of me is urging for the drama.
It will just fade out. We're already seeing companies that used to accept Bitcoin payments quietly dropping support. The "price" will stay high, but Bitcoins will circulate among fewer and fewer people; most people who hold some will forget about them and lose them rather than selling them. Look at what happens to collectibles, or land in Second Life.
Re: Facebook is banning all ads promoting cryptocurrencies
#228Earlier quoted context omitted.
1. It shows they are intentionally targeting people in the US. CPC rates for US consumers is much higher than for eastern europe / russia. 2. It is just shady. Investors in these schemes have no protections / legal recourse as these entities are outside the US. Not to single out Russian/Eastern European, investing money via ICO outside US is like asking to be robbed.
That's not based on Russian / Eastern European, it's based on SCAM levels across the whole cryptocurrency sector. > targeting people in the US Anyone doing >anything IT related > investors in these schemes have no protections / legal recourse as these entities are outside the US. And that's related to the entity, not the team. How about a team of Russian / Eastern Europeans with an American entity? Would then be not…
Oh come on. He's saying people are based in Russia which most probably will not extradite them into the US if they turn out to be scammers. So it has nothing to do with being Russian, but has everything to do with being based in Russia due to legal implications.
Re: Facebook is banning all ads promoting cryptocurrencies
#229Earlier quoted context omitted.
> Do they expect people to land on those pages and drop money without reading anything? One technique scammers use in general is not to make things too legit because that would attract people with a clue. Make it just barely credible and get the most gullible people possible. So those fantastical emails about a rich prince in Africa that needs your help to cash $20m is just scammers improving their signal-to-noise ra…
I never considered that scammers specifically tailor their message to be “dumb sounding scam” in a calculated way (to attract the right targets and repel others). I always thought it was just the nature of the intelligence level of folks who choose to scam rather than work to make something. It’s just even more pure, distilled evil - with no benefit of the doubt of stupidity - when viewed from this angle :-(
There is even a research paper related to this phenomenon. Microsoft Research researched Nigerian scam e-mails. Turns out intentionally dumb messaging does help in filtering out targets that might be too smart to fall for the scam. https://www.microsoft.com/en-us/research/publication/why-do-...
Re: Facebook is banning all ads promoting cryptocurrencies
#230"Because they are mostly scam ads", haven't seen many non scam ads or highly incorrect/false usage of material on facebook for years. This is more of a thing for them to properly fix. They might as well ban most ads I was seeing at least.