Post
Topic
Board Economics
Re: Google is ending its sweeping ban on cryptocurrency-related advertising.
by
Supercrypt
on 26/04/2019, 15:43:11 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?

I wonder what made them change their minds? Was it the advertising going to Facebook instead?
Even Facebook never fully supported advertising of cryptocurrency through their platform, but overtime, they realized that there’sabsolutely nothing they can do about it as influential as they believe, even the ban could not have any effect on the adoption of cryptocurrency and instead of losingrelevance to other competitors, and they would rather join in the race too.

I guess that is exactly the pattern Google is also following, now that Facebook is also planning to develop their own coin, don’t be surprised that very soon, we will see Google coin campaign all over the internet, I can bet that they are working on something.