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Google bans cryptocurrency ads

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Re: Google bans cryptocurrency ads

#111

Post by moate »

briandear wrote: post #43
wccrawford wrote: post #10

Earlier quoted context omitted.

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…

Flagged for an egregious false equivalency. To pretend that the basic understanding of a tire and it's function and a understanding of the mechanisms of most prescription drugs is a stretch that will tear the fabric of credibility.

"This is a good tire, it will last longer than most and will serve you well. It is highly unlikely to interfere with any other parts of your car"

VS.

"This is a enzyme inhibitor that will degrade the signalling molecule cyclic guanosine monophosphate which will prevent smooth muscle relaxation. It could have unforeseen interactions with any number of different commonly imbibed chemicals."

Re: Google bans cryptocurrency ads

#112

Post by simias »

briandear wrote: post #51
John_KZ wrote: post #13

I hate scams myself, but what gives google the right to judge on this matter? Shouldn't they be following the guidelines of local governments?

LOL. How? By geolocation? Geolocation is exceptionally annoying and inaccurate. I am near Marseille but geolocation has me in Corsica and sometimes Malta. With VPN, I can instantly be anywhere I want. Google.com should be google.com — everyone that visits should see the same thing regardless of location. If I visit a shop in downtown Mountain View, they don’t re-arrange the shop because I am resident of France do the…

They do all these things, I'm not sure what's your point. Of course google must abide by local jurisdiction if they want to make business here. Your search results and the ads your shown are tailored to your profile and your geolocation is part of your profile.

It's completely irrelevant to the problem at hand however, it's their service and if they decide they don't want to advertise strawberry yogurt or brands containing the letter 'w' anymore then they can.

Re: Google bans cryptocurrency ads

#113

Post by the_gastropod »

shitgoose wrote: post #109
smt88 wrote: post #100

Earlier quoted context omitted.

Sure, any bubble can pop. But unlike some other assets, like houses, many popular cryptocurrencies currently have little-to-no intrinsic value.

does an AMZ share have an intrinsic value?

....yes https://www.investopedia.com/terms/i/intrinsicvalue.asp

Re: Google bans cryptocurrency ads

#114

Post by moate »

Karunamon wrote: post #75
briandear wrote: post #43

Earlier quoted context omitted.

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…

Favorited. I can understand a certain amount of protectionism being necessary but this just plain smacks of deciding that I'm too stupid to make decisions in my own interest. It's a very peculiar, and very infuriating sort of nannying. That investing carries large amounts of risk isn't new or unknown to most. If you cash out your 401K and put it in AAPL, even a modest decline could eliminate your retirement. And thos…

Do you have a medical degree? Then you're probably too stupid to properly make decisions in your best interest regarding medications/medical treatment.

This does not mean that Doug the village doctor isn't in Novartis' pocket and trying to shill their pills, just that your area of expertise is not nearly as high enough to make an accurate diagnosis of the best way to treat an ailment through medication.

Re: Google bans cryptocurrency ads

#115

Post by rorykoehler »

kurthr wrote: post #47
pjmlp wrote: post #40

Earlier 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.

Interesting I would have thought it was much earlier. I had to look it up on wikipedia:

>The first device identified as a gun, a bamboo tube that used gunpowder to fire a spear, appeared in China around AD 1000. The Chinese had previously invented gunpowder in the 9th century.

&

>English Privy Wardrobe accounts list "ribaldis", a type of cannon, in the 1340s, and siege guns were used by the English at Calais in 1346.The earliest surviving[clarification needed] firearm in Europe has been found from Otepää, Estonia and it dates to at least 1396.

I think it's fair to say that guns have been around a lot longer than the USA has.

Re: Google bans cryptocurrency ads

#116

Post by admax88q »

shitgoose wrote: post #109
smt88 wrote: post #100

Earlier quoted context omitted.

Sure, any bubble can pop. But unlike some other assets, like houses, many popular cryptocurrencies currently have little-to-no intrinsic value.

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.

Re: Google bans cryptocurrency ads

#117

Post by just_one_time_ »

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.

It is not a bubble you idiot, the world is in the middle of switching currencies and you are too dense to accept it.

Re: Google bans cryptocurrency ads

#118

Post by sli »

purple-again wrote: post #103
JFFalcon wrote: post #94

Earlier quoted context omitted.

Agreed. I'm amazed the comment got such a negative reaction. I can't think of anyone I know who would be happy about being called a chick, however casually.

https://hackerchick.com/ http://chickswhocode.com/ http://chickscancode.com/ I spent 5 seconds googling.

Nostalgia Chick is another one, though I don't think she does that actual show anymore.

Re: Google bans cryptocurrency ads

#119

Post by just_one_time_ »

brwsr wrote: post #98
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.

> The bubble is too big for Google There is the "bubble" word again. So how about our economy, isn't that a bubble too? What is a bubble? I still see too many places in the world where the sales price for a house is easily 10x the price it actually cost to build it. Banks? Quantitative easing? Startup's? Or at what point will Google look like a bubble itself? Governments and Banks have learned that the crypto-currenc…

For anyone that does not understand Bitcoin their go to argument against it is its a bubble. It is also the easiest way to stop an idiot these days, a clear sign the person is unwilling to learn anything new.

Re: Google bans cryptocurrency ads

#120

Post by oreo81 »

Taek wrote: post #99
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.

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…

How could they destroy the underlying technology, even if they wanted to?
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