Today Facebook announced that they would be banning all ads relating to bitcoin and cryptocurrencies.
In a statement the company said, “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.”
Rob Leathern, one of Facebook’s ad tech directors said, “This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices. We will revisit this policy and how we enforce it as our signals improve.”
I guess we wont be seeing “crypto-genius” James Altucher's picture on Facebook anymore.
The ban also applies to Instagram as well.
(sources for article are hyperlinked at the site above)
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John Vibes is an author and researcher who organizes a number of large events including the Free Your Mind Conference. He also has a publishing company where he offers a censorship free platform for both fiction and non-fiction writers. John just won a 3-year-long battle with cancer, and will be working to help others through his experience, if you wish to contribute to his medical bills consider subscribing to his podcast to support at https://www.patreon.com/johnvibes
