By now you have probably read that Facebook has made a number of changes to their advertising policy. In addition to moving away from publishers and news sites with an emphasis on engaging user generated content, they also decided to ban cryptocurrency ads.
What is the possible motivation for this? I am suspicious that Zuckerberg wants to protect the little guy from investment scams. In my opinion, he is late to the game on blockchain and decentralization in general. In fact, he seems more focussed on social engineering and establishing himself as an authority. My bet is that Facebook goes the way of Myspace over the next 3 years.
I am the Chairman of Stark360 (http://www.stark360.org) and we focus on defending blockchain freedom for everyone (not just the cronies like the VC ecosystem and authoritarians like Zuckerberg). Please see an overview at https://steemit.com/cryptocurrency/@aaronday/why-venture-capitalists-are-the-biggest-threat-to-blockchain
Facebook recently blocked one of Stark360’s ads. They decided that this ad doesn’t meet their new requirements.
Now, I am not sure what percentage of ICOs are scams, but I am pretty sure 100% of all existing fiat currencies are scams. Do you think he has banned ads from other pump-and-dump fiat corporate welfare recipients like JP Morgan Chase, Bank of America, and Goldman Sachs?
I think maybe I will try to run these two ads and see what happens.
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