Some justifications of Google, 4 myths
Hi guys,
First of all I'm glad to come here to this great community! I believe blockchain has great future and I really like it.
But, let me start my 1st post with some myth busting around google and blockchain.
Myth 1: Google is afraid of competitors
Actually it's so hard to make decentralized search system in blockchain for now (unfortunately). So Google can be a search system number 1 even in blockchain era.
So, what is the problem Google Adwords has with blockchain? Actually Google Adwords is afraid to be a scam partner, as it's all about legal liability: https://support.google.com/adwordspolicy/answer/2464998?hl=en&ref_topic=1626336 as result, Google Adwords doesn't want to deal with any kind of tempting ways to get rich quick! There are "High APR personal loans", "pawnshops", etc.
Myth 2: The big multinational companies (Google, Facebook) are trying to kill crypto
They just save themselves from problems with the law. But SteemIt do the same! https://steemit.com/tos.html
Myth 3: This is great for Steemit
Unfortunately SteemIt is not so large as Google for now, so it still can't be a promotional platform number 1 for ICOs. But it can be a platform number 1 in future for sure.
Myth 4: Crypto market will not survive
Just imagine, it's not about ban of crypto market in Google search system, it's just about Google ADS and promoting ICOs! Have you ever seen ads for ICOs or stocks? https://steemit.com/google/@hilarski/why-google-banning-crypto-ads-is-good-for-us that's true, ICOs have always been against the terms and conditions of using Google products. Nothing has changed at all! Only emotional panic and downturn of cryptocurrency value as result.
So, we will wait for cryptocurrency to grow back. Will see!
Best Regards and thanks to this great platform.