Does this include software services related to cryptoasseta?
Google bans cryptocurrency ads
41–50 of 379 posts
Re: Google bans cryptocurrency ads
#42Earlier quoted context omitted.
It's never that easy though: I can invest in a pair of shoes to get a job that makes me more money. It's a slippery slope and with the decentralization revolution that is happening, this will only keep on getting more blurry.
I agree with the other commenter. The same could be said about anything you buy for yourself. I buy food so that I can keep my body functioning, in order to be able to produce value and make money. So buying potatoes is a kind of investment.
Assets vs. Inputs.
Re: Google bans cryptocurrency ads
#43I believe this to be a good decision. Investment should not be driven by advertisement but by facts. In my experience, any investment advertisement tying to appeal to mass audiences is fraud. This is no different for cryptocurrencies and reminds me of the penny stock scams.
I feel the same way about prescription drugs. Those are for doctors to prescribe, not for patients to request.
Going to disagree with you. Doctors often have incentives to prescribe certain drugs over others that aren’t necessarily the best drug. If it’s legal to advertise to physicians then it should be legal to advertise to consumers. Ultimately the consumer is in charge of their own health and should have a say in their drug choices.
Let’s think of another industry — tires. Is a consumer typically an automotive engineer or a mechanic? Then why should it be legal to advertise tires to consumers? Ultimately a mechanic will have to install the tires. However, that certainly shouldn’t preclude a consumer making their preferences known. With meds, a doctor can always say no — and they should and do if it isn’t indicated for the particular affliction.
The idea that consumers need to be shielded from information is a bit weird to me.
Re: Google bans cryptocurrency ads
#44Earlier quoted context omitted.
It's never that easy though: I can invest in a pair of shoes to get a job that makes me more money. It's a slippery slope and with the decentralization revolution that is happening, this will only keep on getting more blurry.
I agree with the other commenter. The same could be said about anything you buy for yourself. I buy food so that I can keep my body functioning, in order to be able to produce value and make money. So buying potatoes is a kind of investment.
If you buy potatoes to eat, or even really to turn into french fries and sell, its an input.
If you buy them to HODL because you think potato options are going to bring you a return, it's an investment.
If you've invested in a global, decentralized game of hot potato, well, that's crypto ;)
Re: Google bans cryptocurrency ads
#45I believe this to be a good decision. Investment should not be driven by advertisement but by facts. In my experience, any investment advertisement tying to appeal to mass audiences is fraud. This is no different for cryptocurrencies and reminds me of the penny stock scams.
Can't most products be viewed as investments, from a house or car to a pair of shoes?
An asset is something that puts money in your pocket. A liability is something that takes money from your pocket. Unless you are a professional runner or buying rare vintage sneakers — buying shoes isn’t “an investment.”
Re: Google bans cryptocurrency ads
#46Earlier quoted context omitted.
Sure you do. You buy higher-end business shoes and suits to be eligible for management positions that pay better. Might not be the case in SV and the startup world, but it certainly is at most other companies.
and you invest in food because if you don't eat, then you'll die and make no more money! That definition of "investment" includes almost everything anyone can possibly do.
No it doesn’t. One invests because the asset they are purchasing will either appreciate or generate cash flow.
“Food” doesn’t generally appreciate or generate cash flow. (Outside of obvious restaurant contexts.)
You can call food an “investment” but you could also call a dog a cat — that doesn’t make it so.
Re: Google bans cryptocurrency ads
#47Earlier quoted context omitted.
Lots of things banned world over are legal in the USA.
Like carrying guns as if we were still in 1800.
The first percussion cap for a cartridge wasn't patented until 1807, not in common use until 1825-30 when the bolt action arrived, and not popularized until the Colt revolver in 1835.
Rapid firing guns of more than ~6 shots didn't arrive in the US until the civil war.
Re: Google bans cryptocurrency ads
#48Why only mention cryptocurrencies in the title? There are other financial products listed...
Re: Google bans cryptocurrency ads
#49Wow thanks for that, this chick seems awesome. Maybe my reading comprehension is shit but I never saw where she linked to her 'centralized feelings on bitcoin' or whatever. Did anyone see where that is? I've been sitting here in my little traditional finance world shaking my head at Bitcoin for years and would love to see her much more elegantly written tear down.
Re: Google bans cryptocurrency ads
#50Earlier quoted context omitted.
Like carrying guns as if we were still in 1800.
The first percussion cap for a cartridge wasn't patented until 1807, not in common use until 1825-30 when the bolt action arrived, and not popularized until the Colt revolver in 1835. Rapid firing guns of more than ~6 shots didn't arrive in the US until the civil war.
If you prefer to be pedantic regarding English sentence construction, instead of the actual problem that costs lives every single year,
> Like carrying guns as if we were still in the 19th century.