Google running crypto ads again as new policy goes into effect

in DLIKE3 years ago (edited)

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Our Comments:

This a big deal for crypto and surprising little is being said and talk about it. 

During the last crypto bull run in 2018 google and all the social media giants allowed crypto ads without any restrictions. That help to fuel the crypo bull run in 2018 in addition to the widescale attendant scams. Since then all them have banned crypto ads. 

Now Google has started accepting crypto ads albeit on a restricted basis. Still then, we think it is a big deal for crypto because even the restricted ads will prompt other social media giants to jump in the bandwagon to allow crpto ads on their platforms too. Combined together these ads are going to drive the prices up soon. 

Redditors in the r/Bitcoin subreddit saw the news that Bitcoin can once again be promoted via Google as a "bullish" sign for the cryptocurrency, although user "Brief-Music-5825" asserted that Google should "ban fake crypto news as well. The amount of fake news creating FUD is unbelievable."

Brief-Music-5825 assertion is not without merit. Surely fake news is a substantial contributor to the volatility in the crypto market. 

Would Google do it? 
 

Check out the original article here



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