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Google will ban all cryptocurrency-related advertising

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Re: Google will ban all cryptocurrency-related advertising

#91

Well, it's their platform so it's their rules. It would be dystopian if they tried to censor cryptocurrency-related Google Trends insights, news and other media. The pressure on the rest of humans to find suitable substitutes to Google and Facebook will only grow with time. Speaking of substitutes, Google and Facebook have a strong incentive to squander cryptocurrency. The long vision is a direct threat to the way th…

> The long vision is a direct threat to the way they operate, and to the very question of whether or not they should exist. I don't see how that's true?

Take Basic Attention Token (https://basicattentiontoken.org/) as an example - it is attempting to remove YouTube as an advertising middle-man that controls and takes a cut of ad revenue. By creating a marketplace where advertisers pay content creators directly, it in my mind represents a direct threat to how YouTube operates today.

Re: Google will ban all cryptocurrency-related advertising

#92
post #12

As outraged as many folks might be this is just good business for Google and Facebook. Internet advertising, nay advertising at large, is dangerously close to becoming a regulated, or more regulated, industry in the wake of fake news and Russian troll farms etc. If they aren't proactive and people lose money they inch ever closer to requirements that can and will eat large chunks of their profit margins. This isn't e…

"let's illustrate we're not a monopoly and avoid monopoly regulation by using our market power to arbitrarily ban this one thing"

Re: Google will ban all cryptocurrency-related advertising

#93
post #81

"First they came for the crypto-currencies and I said nothing..." For those with their eyes open, this is just another example of the current authoritarian trend sweeping the globe. Yes, google is a private company but so are bakers. Unless you subscribe to "All animals are equal but some are more equal than others". By the way, there is no distinction here between public and private powers. The State needs these big…

First they came for the crypto-currencies and I said "finally, it's about time, now how about the white supremacists?"

The only direction for a repressive, authoritarian regime is a completely homogenous society. Such a society, in turn, will be filled with its own brand of supremacists.

Case in point: Germany, 1933.

Re: Google will ban all cryptocurrency-related advertising

#94
post #12

As outraged as many folks might be this is just good business for Google and Facebook. Internet advertising, nay advertising at large, is dangerously close to becoming a regulated, or more regulated, industry in the wake of fake news and Russian troll farms etc. If they aren't proactive and people lose money they inch ever closer to requirements that can and will eat large chunks of their profit margins. This isn't e…

Your comment is very right, but the conclusion is very, very wrong.

What do you think will cause regulation to happen more quickly:

1) Internet advertisers allowing scammy advertisements ?

2) Internet advertisers using their power for political aims and demonstrating it works for that ?

I think going for 2, as they inevitably do when they outlaw advertisements for almost any reason other than being outright forced by a court to do so, will make politicians see them (correctly or not) as an existential threat and get them regulated faster than you can say "machiavelli".

Re: Google will ban all cryptocurrency-related advertising

#95
post #12

As outraged as many folks might be this is just good business for Google and Facebook. Internet advertising, nay advertising at large, is dangerously close to becoming a regulated, or more regulated, industry in the wake of fake news and Russian troll farms etc. If they aren't proactive and people lose money they inch ever closer to requirements that can and will eat large chunks of their profit margins. This isn't e…

Your comment is very right, but the conclusion is very, very wrong. What do you think will cause regulation to happen more quickly: 1) Internet advertisers allowing scammy advertisements ? 2) Internet advertisers using their power for political aims and demonstrating it works for that ? I think going for 2, as they inevitably do when they outlaw advertisements for almost any reason other than being outright forced by…

It's too late for (2) - the huge extent of unregulated foreign lie-based advertising in the last US election makes some kind of backlash inevitable.

(Domestic lie-based advertising is apparently fine in the US so long as the money is from the US)

Re: Google will ban all cryptocurrency-related advertising

#96
post #81

Earlier quoted context omitted.

First they came for the crypto-currencies and I said "finally, it's about time, now how about the white supremacists?"

The only direction for a repressive, authoritarian regime is a completely homogenous society. Such a society, in turn, will be filled with its own brand of supremacists. Case in point: Germany, 1933.

Banning scams is not "repressive" and the slippery slope is ridiculous.

Re: Google will ban all cryptocurrency-related advertising

#97
If this is in response to the BitConnect drama. I think it is unfortunate but it will be a good idea in the long run.

On one hand there are tokens and coins created with good intentions who will have to find other ways of marketing their values. On the other hand it prevents scam-coins like Bitconnect and DavorCoin from taking advantage of the less informed on a grand scale.

Re: Google will ban all cryptocurrency-related advertising

#98

Google is a private business and they can do what they want, but this disappoints me. More and more Google seems to be thinking of themselves as content police (consider YouTube is owned by Google also), and I think that's a shame. Perhaps it will open up a market for dethroning them. A serious YouTube competitor that doesn't demonetize content they find disagreeable would be very healthy, IMHO.

My livelihood depends on online advertising and yet I have the opposite feelings. Google (and Facebook and Reddit etc) should be doing more content policing, especially for the content monetized by advertising, and should be held liable for the content which they monetize. Right now, no one is responsible for the poisonous mixture of fake-news / radicalizing context coupled with attention based internet economy where…

> Right now, no one is responsible for the poisonous mixture of fake-news / radicalizing contex

Who decides what’s fake news. Trump said there was problems in Sweden. NYTimes called him out on it. Not even a year later they are writing about the problems in Sweden.

So was the fake news trumps comment? Or the denile and lying by the media?

Maybe we should just censor everything. Censor trump, the media, advertising, everything. Not like the media is worth a grain of salt these days.

Re: Google will ban all cryptocurrency-related advertising

#99

Earlier quoted context omitted.

> The long vision is a direct threat to the way they operate, and to the very question of whether or not they should exist. I don't see how that's true?

Take Basic Attention Token ( https://basicattentiontoken.org/ ) as an example - it is attempting to remove YouTube as an advertising middle-man that controls and takes a cut of ad revenue. By creating a marketplace where advertisers pay content creators directly, it in my mind represents a direct threat to how YouTube operates today.

> how YouTube operates today

You mean, paying for the infrastructure with ads? As soon as most of that money is routed elsewhere, YouTube has little other option than to invoice operation costs with creators (or shut down the service). The BAT doesn't provide a solution for hosting.

Re: Google will ban all cryptocurrency-related advertising

#100

Earlier quoted context omitted.

Not the full story. They've been actually demonetizing, or in some cases removing, videos for political speech they don't agree with. Even former Rep Ron Paul's Youtube channel was demonetized--which is frankly just insanely ridiculous. Meanwhile media reports extremist content such as Nazi propaganda is available?! Another example is anti-Trump, conservative commentator Ben Shapiro. I'm not exactly sure who can be s…

This article was about ads, not content. That's the distinction I was making. Google is very loathe to remove videos. I haven't seen that often, outside of copyright infringement or something truly illegal. Demonetization is different. It's basically saying "we'll let you talk... But we don't want to reward you and charge our advertisers for it". It's a hugely slippery slope, of course, but... It's one thing to deman…

You stated "they're stopping ads, not content." That is not completely true. That's what I responded to.
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