Twitter could also ruin cryptocurrency ad party with bans

Twitter is set to fall in line with Facebook and Google, with plans to ban cryptocurrency ads.

@anthony256
Published Sun, Mar 18 2018 10:29 PM CDT   |   Updated Tue, Nov 3 2020 11:52 AM CST

It looks like all of the big players in the tech industry are banning cryptocurrency ads as a collective, with Google and Facebook already slamming down the cryptocurrency ad ban hammer.

Twitter could also ruin cryptocurrency ad party with bans | TweakTown.com

The latest company that should join the crypto ad ban fray is Twitter, with Sky News reporting that the social network will soon impose a worldwide ban against ads for ICOs (initial coin offerings), cryptocurrency wallets and token sales, all in the next two weeks.

Twitter will most likely use the same reason Google and Facebook used, in that there are a variety of risks surrounding cryptocurrency and they're trying to protect people from scams. I think it should be enforced across all industries, as there are plenty of penis enlarging ads that are obviously total BS (trust me, I've spend tens of thousands) and yet I see these everywhere. Facebook and Twitter are filled with bots and total crap news for the most part, but it seems the spotlight is being focused on cryptocurrency.

If cryptocurrency is truly the future, why are the three big giants in Google, Facebook, and Twitter all seemingly uniting for a singular cause? Do these companies that are worth trillions of dollars combined, with the reach of many billions of people, do not see a future in cryptocurrency? Banning cryptocurrency ads completely seems like an overpowered reaction. Like Superman swatting a fly.

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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