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Topic: Google and Facebook go back on their position towards cryptocurrencies; Bitcoin, - page 2. (Read 1045 times)

member
Activity: 112
Merit: 10
Google and facebook do not run this world. They are not important.
I do not agree with this opinion of you. In fact, Google and Facebook are the best-known companies in the world. They can have a lot of impact on the crypto world. If they claim that Bitcoin is a scam and advertise the news everywhere, I believe Bitcoin will crash.
full member
Activity: 1372
Merit: 106
Available for rent
I am very much happy to learn this. People saying that they are not that much important, I will say that they can have more impact than TV or media these days. However, one more thing to consider here is that we already have had a lot of promotion of crypto on social networking websites.

Still for new coins or projects, it is a good medium to reach potential investors.
newbie
Activity: 72
Merit: 0
From my point of view Facebook and Google will accept bitcoin for their betterment. The world is now accepting cryptocurrency and blockchain. To maintain the trend the social media have to accept this currency.
newbie
Activity: 140
Merit: 0
I guess there is no liking to remove their previous restrictions on Facebook and Google Crypto related posts. The world will communicating cryptocurrencies under Blocken Technologies I think. If they do not adapt it, they can become bankrupt.
newbie
Activity: 182
Merit: 0
If this is not prohibited by law, all companies can use the cryptocurrency if desired. Smiley

This desire appears when you receive additional income, for example, as a percentage premium to the value of the cryptocurrency. Wink
newbie
Activity: 59
Merit: 0
Google and facebook redeeming their bad thoughts towards cryptocurrencies making some positive approaches towards Crypto world as they understand they even can't be benefited being out of it but had realized they will be benefited more reaching in. FB ads will simply make people aware of Crypto-space who are fully illiterate of it covers the largest social communities combining with one. It is regardlessly, a good sign for all. Other things have many views.
sr. member
Activity: 672
Merit: 250
I think there is nothing wrong with their attitude toward crypto ads, or such things. We know there are many scams and they know what to do, this is not about fighting crypto.
There's nothing to fight with crypto, so google and social media ventures isn't fearing to promote crypto ads. And with the growing possibilities of scammers population in the Internet it could be prevented through vigilant approach by users of the internet networks.
newbie
Activity: 476
Merit: 0
Even though they do not run this world, but they are a vital part of this world and in our daily lives. So, we do need them. And if they do get involved, that might end up as a good thing for us.
newbie
Activity: 100
Merit: 0
Neither can afford to miss out on that much revenue. There is way too much especially from a Coinbase that will probably be an acquisition target soon.
sr. member
Activity: 532
Merit: 250
I think there is nothing wrong with their attitude toward crypto ads, or such things. We know there are many scams and they know what to do, this is not about fighting crypto.
newbie
Activity: 308
Merit: 0
The lift ban is great news for the market. The world is gradually getting accustomed to accepting cryptos and blockchains and Facebook and Google will only loose if they leave it behind.
jr. member
Activity: 308
Merit: 4
I think Google and Facebook now go on back foot and i think they have no other option to do thats why Google and Facebook go back on their position from this digital market because their are other mediums available and i think it's a good decision for all.
member
Activity: 868
Merit: 16
Their decision a few months ago is to reduce fraud against its users. Most likely their way of banned crypto currency advertising has been successful, so today they are opening hands again to embrace crypto currency on their platform. The good thing is they are not hypocritical to take crypto currency back and we can be sure they believe that crypto currency has potential to develop in the future.
legendary
Activity: 3472
Merit: 10611
this was not exactly a "stance against bitcoin" to now they want to change it!

from the beginning it was all because of large number of advertisement on their platforms which were 90% ICO scams or other forms of scams such as phishing links, links to fake wallets like electrum clones, ... and a lot of people lost money because of these. and nothing has changed about them yet.
jr. member
Activity: 266
Merit: 1
I think they are just reversing its ban on some projects that had good reputation because it was unfair to banned all cryptoworld even legit companies and coins
member
Activity: 126
Merit: 25
Yeah after Facebook takes a $150 Billion bath they aren't going to get picky about who's advertising money they'll take.
newbie
Activity: 52
Merit: 0
Maybe it just scam add for crypto market that's why facebook and google banned it. We should avoid this kind of scam project.
newbie
Activity: 238
Merit: 0
It would be a good news for Google or Facebook to advertise with Bitcoin or Crypto. Crypto is now a popular market platform where there is no third party problem. Facebook, Google will be interest because there are many crypto people who use Facebook Google.
newbie
Activity: 14
Merit: 0
Google and Facebook is not the base for crypto and they not running blockchain technology but they are biggest platform for advertisement with recent news Facebook allow coinbase to post ads on their social media site because coinbase is a legit bitcoin wallet. which give legit way to trade cryptocurrency on their Apps and website also coinbase make contract with millions of merchants for accept crypto as a payment.
member
Activity: 420
Merit: 10
Is this something we should rejoice over and how will these impact in Crypo Space?




Facebook allows Coinbase to advertize in the social network.
Google includes major coins in the exchange rate converter.
The largest global social network white listed Coinbase from its advertizing ban for cryptocurrency and ICO related companies. The news popped up on Saturday when CEO of the US-based crypto exchange Brian Armstrong posted a tweet with attached Coinbase ad in Facebook:

"Facebook banned ads for crypto earlier this year. Proud to say we've now been white listed and are back introducing more people to an open financial system."

The community cheered the news while the post gathered over 160 comments.

Meanwhile, Google also seems to have warmed up towards digital assets and added Bitcoin, Bitcoin Cash, Ethereum and Litecoin to its online currency exchange converter. If a user searches Google for these coins, the system automatically displays their exchange rates for these coins in user's local currency.

It is worth noting that Google's rates differ from CoinMarketCap data, while the source of quotes is not readily available.

Earlier we reported that Google's co-founder Sergey Brin confessed that he had been mining Ethereum together with his ten-year-old son.

All major cryptocurrencies have started the week in a green zone. Bitcoin is one of the growth leader: the coin gained 4% on a daily basis and jumped above $7,700 handle. Ethereum climbed 1% higher to $467, while XRP settled at $0.4592, 2% higher on a daily basis. Bitcoin Cash is changing hands at $827, up5.
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It was then a great move for Google and Facebook to unban crypto Ads. It is a big Help for those who  are following  and joining crypto currency projects. Although. it is open now of doing such Ads to their company  the best thing  was that, the  company only accepting  those  which are licensed ICO’s and signatures. They are restricting those fake crypto Ads and scammers. It is such a good indication that the positive  tone of the US congress about  the cryptocurrencies  had helped peoples doubt of adapting  cryptocurrencies.
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