Re: [2018-03-15] Google to Ban Cryptocurrency Ads. Bitcoin Price Drops
Google shocked the cryptocurrency market with its updated financial products policy. According to the announcement, the largest international corporation made up its mind to disable digital currency advertising. At the same time, the Bitcoin value keeps its previous tactics a gradual markdown.
"We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution," Scott Spencer, Google's director of sustainable ads, told CNBC.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/google-to-ban-cryptocurrency-ads/
"We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution," Scott Spencer, Google's director of sustainable ads, told CNBC.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/google-to-ban-cryptocurrency-ads/
Hence, the price drop yet again! I smirk about this news because this is definitely not good to us investors. With this, we will be having a hard time making known cryptos to the world for marketing (and probably acceptance) purposes. Not to mention that Google is the biggest in terms of shareholdings with a huge following which carries with it alliances with big and reputable social media companies. Nevertheless, I firmly would want to believe it will blossom in the next quarter. Bitcoin, along with all other cryptos, have not failed me yet. We just have to wait and see.