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In 2023, advertising budgets for cryptocurrency brands shrank to almost nothing

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Re: In 2023, advertising budgets for cryptocurrency brands shrank to almost nothing

#3

Why do we allow advertising for unregistered securities, scams, ponzis, and unregulated exchanges?

For the same reason we allow it for politics, propaganda, and products that kill people. Money.

The problem is not the advertisements. It's advertising.

Re: In 2023, advertising budgets for cryptocurrency brands shrank to almost nothing

#6
post #3

Why do we allow advertising for unregistered securities, scams, ponzis, and unregulated exchanges?

For the same reason we allow it for politics, propaganda, and products that kill people. Money. The problem is not the advertisements. It's advertising.

How much to install a billboard on the wall of your building? Simply give a number.

Re: In 2023, advertising budgets for cryptocurrency brands shrank to almost nothing

#7
I have a couple of crypto apps on my phone - coinbase as well as some crypto adjacent banks etc that sell bitcoin. When crypto is going up I get "ShitCoin is up 20% the last 24 hours" - when they go down, I dont get any push notifications.

Re: In 2023, advertising budgets for cryptocurrency brands shrank to almost nothing

#9

Why do we allow advertising for unregistered securities, scams, ponzis, and unregulated exchanges?

Britain introduced rules last year, and is tightening them further this year, bringing cryptocurrency adverts into line with other financial products.

You see warnings that investments might go down as well as up, mandated text on all these ads.

The USA has a very absolutist view on free speech though. Are there any restrictions on advertising?

https://www.reuters.com/technology/uk-watchdog-warns-crypto-...

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