Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Google bans cryptocurrency ads

support.google.com

Post reply on HN
Print view View original

261–270 of 379 posts

Re: Google bans cryptocurrency ads

#261

Post by organsnyder »

reaperducer wrote: post #152
DanBC wrote: post #80

Earlier quoted context omitted.

HN has an international audience, and cultural norms are different in different regions. Very roughly in English workplaces you should avoid calling any of the women "chick" because you'll cause grave offence. There are very narrow exceptions to this. In places like Stoke on Trent you might find people calling each other "my duck" (but this isn't just women; men call each other "me duck" too.) But even there you need…

> HN has an international audience Translation: Go for the least common denominator. Try to be as bland as possible in your writing. > avoid calling any of the women "chick" because you'll cause grave offence If that's what you consider "grave," there's a whole internet full of words that will make you pass out.

> Translation: Go for the least common denominator. Try to be as bland as possible in your writing.

Translation: Be a professional.

Re: Google bans cryptocurrency ads

#262

Post by draw_down »

iamben wrote: post #110
tobiaswk wrote: post #2

Good. The amount of crazy ICO's I've seen is staggering. Most of them are surely scams in some sense. Reddit is filled with them.

What I think is most bizarre - I have friends with really decent businesses that try really, really hard to get a few hundred thousand in funding. And yet I see the most _terrible_ ideas with an ICO cap of 20 million dollars. Still people throw in the cash. Ideas with literally no need for a blockchain. But "everyone will be able to spend the token on [insert terrible idea]!" 'The most bespoke electric hypercar! With…

I agree it is strange... perhaps our economy isn't a meritocracy after all.

Re: Google bans cryptocurrency ads

#263

Post by halamadrid »

Finally, some sense of responsibility kicks in.

Another platform is LinkedIn, where I have been getting a ton of invites from "Blockchain Experts", "ICO Experts" whom I have never heard of. Some of my connections are connected to them but I think that's more of a blind "Accept".

If you connect, I've noticed they immediately start promoting coins or ICO. Massive scam going on here. Hope LinkedIn bans these fake promotions too.

Re: Google bans cryptocurrency ads

#264

Post by rockinghigh »

chx wrote: post #31
robotbikes wrote: post #14

I was listening to terrestrial radio the other day and was surprised to hear a radio advertisement beckoning retirees to cash in their 401ks to join the cryptocurrency future of Bitcoin and Ethereum. The bubble is too big for Google to slow it down and it has grown beyond the realm of tech savvy geeks into something fueled by hype and hubris.

From the best tweetstorm ever on topic by Sarah Jeong: https://twitter.com/sarahjeong/status/953464303960469504 > All of this has gone too far!!!!! It was fine when you paranoid dorks were out there scamming each other, please leave the normies alone!!!!!!!!!!!

> "People are sick of the Federal Reserve, sick of bailouts, sick of inflation. You know what we need? Internet money with the usability of PGP and the stability of BART service"

Re: Google bans cryptocurrency ads

#265

Post by Barrin92 »

filesystem wrote: post #52
saintPirelli wrote: post #20

Earlier quoted context omitted.

I'd actually go as far as to say that ICOs are fraudulent by nature. The ones that are not fraudulent by intent just have no idea what they are actually doing.

They know exactly what they are doing. They are raising massive funds in an extremely short period of time with no direct obligation to provide returns to shareholders.

>They know exactly what they are doing

Yep, it's deliberate. They're the backalley version of a regular stock offering.

They're marketing themselves as "opening investments up to the people" but they're simply a way to get money from investors without any of the very reasonable legal securities and obligations that come with a company going public.

Re: Google bans cryptocurrency ads

#266

Post by CryptoPunk »

admax88q wrote: post #116
shitgoose wrote: post #109

Earlier quoted context omitted.

does an AMZ share have an intrinsic value?

Yes because at the end of the day an share of AMZ means you own a small percentage of that company. That includes a small percentage of all their physical assets, servers, real estate, cash on hand etc. So yeah there is some intrinsic value.

Exactly. Cryptocurrency valuations at the moment are 99% speculation about future utility. Actually it may be 99.9%.

Re: Google bans cryptocurrency ads

#267

Post by wslh »

whataretensors wrote: post #214

We've created a generation of people who will do anything they are told to do. Now these big corps and governments feel like they have to baby-proof the world because we've created a bunch of lemmings who will give all their money to an ICO because a banner told them to.

> we've created a bunch of lemmings who will give all their money to an ICO because a banner told them to.

It is a problem of basic finance education which should be part of the school curriculum. People also buy a lot of stuff they don't need or include false claims because a banner told them to.

Re: Google bans cryptocurrency ads

#268

Post by jessaustin »

saq7 wrote: post #182
jessaustin wrote: post #96

Earlier quoted context omitted.

USA drug purchases fund most global drug research. That money comes from somewhere. It's fine for us to question whether this is the best way for drugs to be marketed in our nation, but for the rest of the world to do so seems a bit ungrateful?

Oh the noble Americans! Suffering under the yolk of oppressive pharma so the rest of the world can take advantage! Praise be. Really, though, it's absurd to demand that the rest of world be grateful. Try changing the system in the US and you will find it exceedingly difficult due to the deep pockets of big pharma and the massive role money plays in the US democratic system. So no, the rest of the world should not be…

Haha there are probably some who would "demand" that but I'm not one. You seem to be agreeing with me, though? Our drug marketing regulations are after all just "a capitalist system... doing what it does". No point in complaining about it, especially since unlike most aspects of American hegemony it actually helps all you unfortunate non-Americans. b^)

Re: Google bans cryptocurrency ads

#269

Post by jrwiegand »

wslh wrote: post #267
whataretensors wrote: post #214

We've created a generation of people who will do anything they are told to do. Now these big corps and governments feel like they have to baby-proof the world because we've created a bunch of lemmings who will give all their money to an ICO because a banner told them to.

> we've created a bunch of lemmings who will give all their money to an ICO because a banner told them to. It is a problem of basic finance education which should be part of the school curriculum. People also buy a lot of stuff they don't need or include false claims because a banner told them to.

I was just saying this the other day. I have been a steep learning curve about retirement accounts, mortgages, etc. There should really be a financial curriculum in high school, possibly all four years. This is basic information that everyone should be aware of.

Re: Google bans cryptocurrency ads

#270

Post by mulmen »

wolfgke wrote: post #125
Taek wrote: post #99

Earlier quoted context omitted.

The frustrating bit is that these scams paint a really sour picture of the space as a whole. There's a lot of value to cryptocurrencies, and as a technology it's poised to change the world in some very serious ways. People latch onto it because it's a powerful idea and because the underlying technology has a lot of legitimacy to it. People hear ads about how you need to move over your 401k and discount the whole spac…

> The frustrating bit is that these scams paint a really sour picture of the space as a whole. There's a lot of value to cryptocurrencies, and as a technology it's poised to change the world in some very serious ways. People latch onto it because it's a powerful idea and because the underlying technology has a lot of legitimacy to it. > People hear ads about how you need to move over your 401k and discount the whole…

You can't just redefine words to try and connect unrelated concepts.
Post reply on HN