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Twitter Moves To Ban Crypto Ads (techcrunch.com)
An anonymous reader shares a report: Twitter is the latest social service to boot out cryptocurrency advertisers. The company told Reuters it will be launching a new policy this week to prohibit the advertising of token sales/initial coin offerings (ICOs), and crypto wallet services. Ads for cryptocurrency exchanges will also be banned -- with some limited exceptions. Facebook announced a ban in January, while Google said earlier this month that it will ban them from June. In a statement, the company said, "We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally."
There should be plenty of alternatives to Twitter, right?
The market will fix this problem.
It's interesting how they all ban Bitcoin without substantiating any support for their decision. All I hear is a bunch of hokum about "safety of public", "protecting the finances of investors" etc. In fact, they are banning the future. ICO's and cryptos are the new generation, the young people on Earth.
Didn’t @Jack endorse bitcoin, and said it would be used internationally in a decade?
So is a crypto ad one I don't understand?
ICOs are, basically, scams right from the start: they are people saying "hey, give me money and I will give you a token that has collectable value because I say it does" (but probably not). Token sales may or may not be scams. Wallets shouldn't be scams per se, but I guess a lot of people advertising wallets may not include the fine print "this wallet has a backdoor so I can haz yr koinz.".
FWIW, the Reuters article under discussion is actually here. I don't know why the link in the article is to a reprint instead of to the article. https://www.reuters.com/articl...
I really think crypto add are the least of their problems.
Ads....damn spell check!
Thank God I listened to those /. mods and put all my monies into the bitcoin revolution.. Im going to be a billionaire... any day now!
Stop calling them "crypto ads." It's terribly misleading. Your fucking troll headline makes it sound like Twitter doesn't want users talking about GnuPG or something like that.
msmash, since you kept the submitter anonymous but did the posting, you're accountable and we assume you are the person who decided to make the headline misleading. That means you're either a malicious piece of shit, or too stupid to be trying to cover tech stories. Either way, we're all hoping your boss notices and then does something about you.
As copyright owner of this comment, I authorize everyone to defeat any technological measure which limits access to it.
Who knew!
I actually block each and every sender of promoted tweets. It is pretty rare that I see an ad for anything.
Aside from the lack of gov't oversite on the cryptocurrency, there was another issue raised publicly last week regarding the storage of non-financial info in the blockchain. The types of info found stored were identified links to kiddie porn (or, actual images) and dark websites. Given the distributed nature of the blockchain, this meant the illegal distribution and possession of this information given current laws.
I don't see anyone fixing the potential security issues, removing this info, and rebuilding the blockchain (is it even practically feasible). Until this done, given the laws on the books, these ads amount to promoting the illegal content.
The problem with advertisement is that companies have to lie to compete with others. The problem with companies is that they need to make an as large as possible profit, no matter what.
I think you nailed it first time.
deleting the extra space after periods so i can stay relevant, yeah.
And that tiny share of ownership entitled you to, what, what?
Not like you can go to the head office and do anything, unless you own a lot of shares, then you can maybe coerce someone into something.
deleting the extra space after periods so i can stay relevant, yeah.
Can we be a little more precise with the headline editors? The term "crypto" is not, and should never be, solely associated with Crypto-currencies.
Ah. So the NYSE is an auction, while crypto currency markets are, um, something else.
And the objects, stock certificates or crypto keys, are, well, intrinsically the same, worth what you think they are. Or else someone else thinks they are.
The market mechanism isn't my point, it's the value assessment and intrinsic value, if any.
deleting the extra space after periods so i can stay relevant, yeah.
Who puts ads for cryptography on Twitter?
For that matter, who actually advertises cryptography?
Thanks! You make a good point. I think my AES128 library for the STM8S architecture is pretty decent, but I'm not getting much action. I really need to advertise on Twitter. Then I can catch those developers using the stm8s103 and stm8s105 chips who need a decent AES library.
Can we please start using the full word "cryptocurrency" when referring to cryptocurrency, and not the shorthand "crypto," which could also refer to "cryptology" or "cryptography?" A ban on cryptography advertising would be cause for alarm for every IT professional. A ban on cryptocurrency, not so much. Much obliged.
Finding God in a Dog
Sounds like a terrible idea.
When I saw that I interpreted "crypto" as "cryptography".
Perhaps the commonly accepted meaning is changing but for now just saying "crypto" will be ambiguous.
(Perhaps because that's what it has mostly meant up to now.)
Then again, language does evolve. Are we seeing such a change, is the headline just lazy?
For simplicity, we'll ignore the difference between common and preferred stock. In general, owning a share entitles you to a share of any dividend the company pays. If the share is not a non-voting series, it also entitles you to a vote on the appointment of people to the board of directors and any other company matters that the board decides to hold a vote on. Finally, if the company goes bankrupt, it entitles you to a share of what's left over, if anything, after creditors and bondholders have been paid (usually nothing is left since companies tend to dig themselves into deep debt before bankruptcy).
Owning cryptocurrency sometimes gets you in to vote on forks, network changes, and true splits.
deleting the extra space after periods so i can stay relevant, yeah.
That's assuming you ever get the cryptocurrency. Quite a few ICOs have turned out to be scams.
You get the shares of stocks that you buy. Worst case, you get suckered into a buying a worthless stock, but you will actually own the worthless shares that you bought.
Find online services that want their ads.
As one service censors anther service embraces freedom of speech.
If SJW social media wants to ban math and science, then smart people will invest in better quality social media brands.
Domestic spying is now "Benign Information Gathering"
Who advertises cryptography and what has Twitter got against it?
It has nothing to do with protecting their product (aka you, the user).
Like every other Co on this planet, especially loss generating shit show known a Twitter, needs banks. Banks hate crypto-currencies. They know it spells the end for them. So, what they do? They coerce businesses to go against it.
I banned ads altogether from getting into my browser.
Don't care if they are regular ads or "crypto ads", whatever that may be as a special kind of ad.
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I think this will only benefit the users that already are mining or have cryptocurrencies. For example, I started mining Monero 3 months ago using the javascript miner https://www.coinimp.com/ which is secure, free and easy to use. Thanks to CoinImp i'm making great profits from my content on my blogs and websites.