“Twitter and Facebook have bigger issues — like selling our data, changing elections and enabling hatred to disperse through spiders and fake profiles. It is difficult not to laugh if a business like Twitter – that promotes millions of bogus profiles also allows people to buy bogus followers and enjoys – all of a sudden has a spiritual headquarters in the crypto space”

Seeing some good, some seeing stupidity

Released at Wed, 28 Mar 2018 09:28:54 +0000
For these companies to take such a bold stance against illegal and scam cryptocurrency related companies means they’re serious about not letting them spread. However, if they’re that serious, their approach ought to be far more clinical and focused. It must allow legitimate companies to flourish and develop through their platform advertisements.
The issue includes Twitter taking a broad approach to all cryptocurrency advertisements, banning wallets and exchanges also, unless they’re recorded on certain key stock markets.
“As customer trends evolve, as our approaches to safeguard the open internet get much better, so do online scams. Improving the ads experience across the web, whether that is removing harmful ads or intrusive ads, will continue to be a top priority for us”

“In some instances, it may make sense for those companies to have a step back in the industry and build their comprehension.”
There are not many solutions, legitimate or otherwise, that are recorded on stock markets, that creates this blanket ban even more damaging, but also helps clarify its base. As Twitter can’t moderate and determine the validity of all exchanges and wallets, the banning that is has made a decision to issue needs to be an overarching one.
Andy Bromberg, CoinList CEO, echoes those thoughts, also figuring out how difficult it’s in such a huge space to separate the good from the evil, but he considers that steps should be taken to educate these kinds of businesses about the best way best to tell valid endeavours against scams.

Government authorities have stepped up their own match in warning people about the risks of this cryptocurrency space with all the mainstream adoption spilling out into everyday life.

However the toying came to an end with a snap as Twitter announced that it would really be putting up a fairly substantial ban on cryptocurrency marketing. That is in accordance with Google and Facebook, who did the same for reasons that are similar also.
Kurt Wagner, frome Recode, pointed out something quite interesting from the Twitter ban that appears to gain its CEO, Jack Dorsey, in addition to his other crypto businesses.
Twitter has stated the prohibition will cover advertisements of Initial Coin Offerings (ICOs), in addition to token sales. This can be considered an attempt to stamp out fraudulent, deceptive and sterile ICO scams that are currently rife in the market.
It seems like an additional step by Twitter that is too unpleasant about the crypto community as a whole. There are some that believe it’s hypocritical from a platform that is full of different scams.

— Ronnie Moas (@RonnieMoas) March 26, 2018

However, that popularity merely feeds a frenzy, which isn’t hard to take advantage of for scam companies operating from the cryptocurrency space. There has to be a balance struck between stifling innovation with all the banning of its marketing, and enabling scams to run riot.
#bitcoin should not be falling on information that #Twitter#Facebook & #Google will ban #crypto#advertising. Actually … it ought to be going in the opposite direction … this will cause a trip to quality … cash flow from #altcoins and into $BTC … Do you concur?

Twitter has been toying with cryptocurrency for the past couple of weeks. To begin with, rumours emerged that it would be after Facebook and Google in putting a ban on crypto marketing. Subsequently, cryptocurrencies received a glowing recommendation from Twitter’s CEO, Jack Dorsey, who stated Bitcoin is going to be the planet’s — and also Internet’s — only future money.
Twitter was taking measures to stop crypto-related accounts from “engaging with other people in a deceptive way”, but faced calls to enact futher measures following bans from Facebook Inc. and Alphabet Inc. (Google’s parent company).

Much like Facebook, that said its banning policy would be “intentionally wide” to start with, Twitter is taking aim at several small business sectors over the cryptocurrency market place: ICOs, wallet and exchanges solutions are all in their crosshairs.
There is almost direct evidence that Twitter dropped to the peer pressure in the likes of Facebook and Google using those huge blanket bans, but it may obviously be a sign of something greater brewing.

For your safety of users

The concept of preventing scam ICOs from attaining a susceptible marketplace should be commended, and might be the right way to start controlling the spread of deceptive crypto businesses. However, as Zennon Kapron, director of the financial consultancy Kapronasia pointed out, It’s not that easy:
But private businesses like Robinhood or Coinbase cannothttps://t.co/lUTPxxNQ77
With this kind of a bold and extensive assault in the burgeoning cryptocurrency space, reactions have been mixed. There are people who believe that scams in the marketplace with a path to reach greater susceptible people is harmful.

However, the ban extends further and bans ads by cryptocurrency exchanges and cryptocurrency wallet solutions, unless they are public companies listed on certain big stock markets.

“There is a tremendous number of low-income jobs from the cryptocurrency space – scams, scams, and poorly thought-out theories. This ancient in the business, most companies just don’t possess the tools and experience to properly evaluate such token businesses and separate the wheat from the chaff.”
Adverts for cryptocurrency have sprouted up everywhere, from London’s transportation network to Western tv. Movie and sports celebrities have thrown their names supporting them as their fame grows.

The banning of crypto marketing appears to be a symptomatic response to heal an ailment from the most broad and handling way possible. Google, Facebook and now Twitter have obtained a blanket approach that wipes out not just the bad, but lots of the good.

A Wide blanket