Post
Topic
Board Economics
Re: Google is ending its sweeping ban on cryptocurrency-related advertising.
by
arpon11
on 19/12/2018, 20:13:57 UTC
Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October.

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

I think that this is a preparation for the reversal of the bitcoin price.

What do you think about it? What are the consequences of these changes?
Since last month I have started seeing ads on cryptocurrencies at my Google admob application and I was thinking that something is wrong somewhere!  I believe that the banning was unnecessary in the first place and that is why they have to lift it.
NO not totally because you can still see or read some news regarding on bitcoin ban especially in CHina, india and other countries that might influence other countries to do the same. As we all know that governments can do a mandates for google or any tool that could be use for advertisement to ban crypto ads in which facebook and twitter were commonly being used for crypto ads.
Time is coming when both facebook and twitter will both lift ban on cryptocurrencies ads and all the effects that we are seeing currently on the prices are going to disappear.  Governments are manipulating cryptocurrencies market or blockchain technology by using those banning to make investors dump their coins and they really succeeding on this.