Fud and hate´from central governments, financial institutions and top industries against crypto´s have no ending-however we will win in the long run . Most recently , Google will join their centralized buddies Facebook to ban ads related to Crypto´s. Even though google preaches not to do evil- I wonder why they are not practicing what they preach (guess they are afraid of blockchain tech creating a big competitor and thus eating off their monopoly).
According to CNBC news
Google will ban all cryptocurrency-related advertising.
The company is updating its financial services-related ad policies to ban any advertising about cryptocurrency-related content, including initial coin offerings (ICOs), wallets, and trading advice, Google's director of sustainable ads, Scott Spencer, told CNBC.
That means that even companies with legitimate cryptocurrency offerings won't be allowed to serve ads through any of Google's ad products, which place advertising on its own sites as well as third-party websites.
This update will go into effect in June 2018, according to a company post.
"We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution," Scott said.
Google's hard-line approach follows a similar ban that Facebook announced earlier this year. Read full details here
In light of this, we crypto lovers should see it as a blessing in disguise:
Create and promote Decentralized search engine: It is time for all crypto lovers to support any great decentralized search engine project where we can advertise legitimate ICO´s and projects like Steem´s SMT, EOS , etc. This will surely be very helpful including creating a great competition against Google the way steemit is currently doing against Face book.
Steem SMT: The good news with steem blockchain is that SMT will provide us with opportunities to raising money by creating our own tokens. Thus entrepreneur’s and innovators should start thinking on ways to creating a great decentralized search engine (contact me via steemit chat if you are a back end developer) and other top projects in order to show all haters that cryptos are here to stay . Do not forget to use this opportunity to buy cheap steem and power up because steem power is the key to future super normal profits. I wish you all a blessed weekend.
Click here and read my former post: A Funny but Strategic Explanation of FOMO and FUD In Cryptp´s : Steem, Bitcoin, EOS , Bitconnect et al
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