Post
Topic
Board Economics
Re: Why are people doing so many things to frustrate crytocurrency
by
Omega Weapon
on 04/04/2018, 03:41:11 UTC
I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate cryptocurrency?

Because Google, Facebook, Twitter and other giant Internet company hate about decentralize technology.
It can kill their service which is selling a centralize data. That's why they will ban every people who use their service to promote Cryptocurrency.

This seems like an interesting perspective... Maybe you are right, the blockchain and cryptocurrencies are challenging a certain status quo that has probably been rather lucrative for many large companies, especially ones working precisely on data that is not encrypted and not anonymous..
This is something that many do not really understand they think of bitcoin as just a currency but the truth is that the blockchain is probably going to change the way we think about storing information and any service or business that relies on storing the information is going to be affected by it and as we know Google, Facebook and many other business rely on it to earn money.