Google bans cryptocurrency ads
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Google bans cryptocurrency ads
1–10 of 379 posts
Re: Google bans cryptocurrency ads
#2Good. 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.
Re: Google bans cryptocurrency ads
#3I 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.
Re: Google bans cryptocurrency ads
#4More discussion at https://news.ycombinator.com/item?id=16582266, though it is interesting to hear it straight from the Google's mouth.
Re: Google bans cryptocurrency ads
#5Since Facebook banned them I've seen a surge in them on Twitter. Will be interesting to see what they do, and whether it contributes anything meaningful to their profit situation.
I'm actually glad Google are (at least for the time being). Whilst rogue ICOs and crypto-pumpers are still working their stuff, the market is much more akin to back-street gambling and since there are already regs on AdWords for unsavoury ads, this fits the bill.
Re: Google bans cryptocurrency ads
#6I 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?
Re: Google bans cryptocurrency ads
#7I 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?
You buy into an investment because you expect a capital gain. You don't buy shoes in expectation of a capital gain.
Re: Google bans cryptocurrency ads
#8Earlier quoted context omitted.
Can't most products be viewed as investments, from a house or car to a pair of shoes?
You buy into an investment because you expect a capital gain. You don't buy shoes in expectation of a capital gain.
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.
Re: Google bans cryptocurrency ads
#9Earlier quoted context omitted.
You buy into an investment because you expect a capital gain. You don't buy shoes in expectation of a capital gain.
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.
You’re just redefining “investment” to be meaningless. There’s no slippery slope, unless your new shoes have leather soles.
Re: Google bans cryptocurrency ads
#10I 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.