What is good about this decision? Google blocking Crypto currency advertisements will not stop Phishing ads or fake emails
being send to people with Phishing links.
It won't stop the problem completely, but it removes an avenue scammers use.
Users implicitly trust the results of search engines to be correct.
When a user searches for "Bittrex", he expects to be shown bittrex.com as the first option, not bIttrex.com. So the user is trusting Google not to display phishing ads in the first place, and since it is a tough work to police cryptocurrency ass, it's best they just scrap it altogether.
What this will do, is stopping legitimate Crypto currency projects from having a
excellent link to a massive audience.
Most Ads are for ICOs and cloud mining anyway.
I think it's a good step in the right direction.
Legitimate projects can still spread with word of mouth, not with ads.
They just found a lazy and cheap way to manage a problem that can be dealt with in
a much better way.
Do you have a better idea?