Why Google and Facebook prohibit advertising of cryptocurrency sites

THE MEASURE WILL HELP THE INDUSTRY BE MORE TRANSPARENT AND SAFE

By Alex Vallenilla / @alexvallenilla

The vast majority that have entered the world of cryptocurrencies, have been attracted by the rise in prices and in search of quick returns, which defines them as speculators, have misinterpreted the recent announcements of Google and Facebook to prohibit Advertising on websites related to the subject, but as usual, not all read the small letters of the contract.

Google has stated that you can only publish ads about this industry, as long as the advertiser manages to certify the projects you want to promote, before the giant search platform. Remember that publishing a notice on any of the two platforms is a simple procedure, which does not even require an exhaustive verification and this has allowed ads and websites to run in the AdWords advertising system and on Facebook, offering very high returns in alleged investments with cryptocurrencies that have ended up being frauds and scams.

In this system, there are for example many sites that are called taps, which consist of a user to click, earn some fractions of cryptocurrency, whose payments are indirectly made by advertisers of the site. It is observed in many the multiplicity of publications of multipliers, sites that offer returns never thought to those who send certain amount of cryptocurrency to their addresses, all in a framework of anonymity that must automatically put any user alert, of course, more never return to see your money

This is what they want to continue avoiding Google and Facebook, but most have interpreted that they are restrictions on the block chain technology industry and this has boosted nervous sales, causing prices to continue to fall in recent years. days.

The above is an action that will benefit the sector, because Google and Facebook can guarantee that any project they publish has a revision, a certification that will allow them to place their advertising on these sites, this should be considered a filter, It can help the user to have greater security in the operations that he wishes to do in the future. The regulations with logical sense, are not bad, in this case, the sector will win, because two giants will help to clean the system of scammers. Welcome the action of these platforms for the benefit of a more transparent and secure technology industry. 04/06/2018