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The Crypto Sector Accused Youtube Of Censorship
Google and cryptocurrencies have a bad history together, with Google banning all crypto-related ads on their platforms in June 2018. Although the ban was lifted in September 2018, Bitcoin and the entire crypto sector suffered from Google’s decision.
Now, it seems Google’s subsidiary – Youtube, is blocking crypto-related video content on its platform. Hundreds of videos containing information about Bitcoin and cryptocurrencies, in general, were taken down due to “dangerous content” and “sale of regulated goods.”
It may seem like a war forming between Google and the crypto sector, but shortly after the ban, YouTube stated an “error” caused most of the small-scale video channels to suffer from deleted videos. Large channels, such as CNBC and CoinTelegraph, appear to have dodged the bullet.
Despite YouTube “explaining” the reasons behind the “error,” the crypto sector lost some of its momentum from this week. Google spokesmen confirmed the problem, noting that “with the vast amount of videos on YouTube, sometimes such problems occur.”
“Nevertheless, we are trying to quickly reinstate videos, mistakenly removed from our platform,” the spokesmen stated.
The rumor quickly became viral, as crypto YouTuber Chris Dunn asked Google about the deleted videos on Twitter. However, YouTube removed hundreds of crypto-related videos, and, according to crypto experts, the numbers are growing fast.
The crypto community didn’t hesitate to challenge YouTube’s decision. The host of CNBC Africa’s CryptoTrader show Ran Neuner criticized the move, stating that “YouTube is a preferred place for educational videos, and the culling is a massive blow to the entire ecosystem.”
“We must find a way to challenge such decisions because YouTube is the easiest way for individuals to enter the crypto ecosystem,” Neuner added.
Quantum Economics’ founder Mati Greenspan went the extra mile to officially “boycott YouTube” due to the recent problems. Greenspan noted that “maybe they try to defend customers from illicit behavior. Nevertheless, giants like Google and Facebook already banned crypto-related ads and then revised their decisions due to regulatory clarity in the U.S.
Facebook and Google fell behind to implement modern-day payment solutions. In December, Google announced a “smart checking” for bank accounts through their Google Pay platform. The new system would be developed in cooperation with U.S. banking giant Citigroup.
In the meantime, the crypto sector, and Bitcoin, in particular, doubled in price since the start of 2019. The main “culprit” behind the increased adoption of cryptocurrencies is the interest the sector received from some of the largest worldwide companies, such as Apple and Amazon.
However, Changpeng Zhao, Binance’s CEO, went radical on the ban of crypto content. Zhao stated that “the crypto community needs a blockchain-based social media platform, which does not contain crypto censorship.”
Crypto YouTubers are receiving notifications receiving that their content appears to have been censored by the platform. Chris Dunn — a crypto YouTuber with 210,000 subscribers and almost 7.5 million channel views tweeted: “@YouTube just removed most of my crypto videos citing “harmful or dangerous content” and ‘sale of regulated goods’… it’s been 10 years of making videos ... In a very simple question, Chris Dunn asked Bitcoin holders what they would do if the price of BTC reaches $100,000. 1,790 people took part in the poll. Current Bitcoin Price: ... According to influencer Chris Dunn, all crypto-related videos were taken down from his channel and cited as “harmful or dangerous content” or “sale of regulated goods”. 👉 Chinese Police Carry Out Raids on Illegal Crypto Activity . Reports have stated that almost 7,000 pieces of cryptocurrency mining equipment have been seized by Chinese police, in the city ... Bitcoin Price Plunges $500 Intraday, Facing Critical 200-Days MA Support: Sunday’s Price Analysis. Author: Yuval Gov Last Updated Mar 8, 2020 @ 07:57. Things happen fast in crypto. Yesterday’s analysis focused on the tight range of $200 Bitcoin was trading inside over the past days. We had clearly stated in yesterday’s analysis that a huge price move is imminent. Just a few hours after ... In the YouTube video “Should You Trade Bitcoin or Just Buy & Hold,” altcoin entrepreneur and evangelist Chris Dunn answers the question of whether it is a better strategy to trade bitcoin or to ride out the epic valuation growth of the digital currency and hold your bitcoin. With speculation that bitcoin may hit $5,000 per coin or more, it might be costly to sell bitcoin early. If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I ... If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you. The 35 years old Texas boy was one of the first crypto YouTubers. Chris Dunn Trader’s Digest: Bitcoin To $150K Post-Halving, Crypto Investing Methodology, Tips, And More He goes by the name CZ Binance on Twitter and has 503,500 followers ... One of the popular claims John has made on twitter is that the price of bitcoin will appreciate to $1,000,000 by 2020 and he would eat his di** if it does not. Follow John McAfee. 15. Chris Dixon. Chris is an American internet entrepreneur and investor. He is also a general partner at the venture capital firm Andreesen ... Bitcoin's price has been changing dynamically recently, but it may have a limited reach. According to the platform dealing with data analysis on blockchains - Skew, the chances that the BTC price will beat its current ATH this year are only 7%. However, it is worth bearing in mind that the market sentiment itself is still conducive to potential growth. Bitcoin has set its record price level ... Videos are being removed and censored from crypto-specific YouTube channels. Out of control algorithms or targeting cryptocurrency? Videos are being striked, citing “harmful or dangerous content” or “sale of regulated goods”.
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