Post
Topic
Board Economics
Re: Google is ending its sweeping ban on cryptocurrency-related advertising.
by
kennen1113
on 26/04/2019, 15:37:01 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?
Well, I guess it will be good since it will attract more investors. It cannot totally affect the Bitcoin's growth in instant but it will gradually change everything. We all know that Google is highly influential in many ways so if it does allow the advertising of cryptocurrency, netizens will appreciate this new form of currency and it will attract more user and it could be a gateway in making a new world.
I don't think this news will attract more investors because since the ban appeared, it has not been so much effective and influential to the community, if google is banned, many platforms and forums can advertise for crypto, we can see that the development of crypto is still very stable at that time, and that's why I say this information doesn't have so much special meaning, want to attract more investors into crypto, perhaps information from the government is the most important