CNBC: Google will ban all cryptocurrency-related advertising

 
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You’ve no doubt heard what my better half thinks about Google and he might be right. It seems the incredibly popular search engine is a fan of censorship: Google is cracking down on cryptocurrency-related advertising. (Facebook made a similar decision earlier this year.)

“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.”1

According to a post from the company, the update will go into effect this June.

Spencer claims the company is doing this in order to protect consumers, “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.”1

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However, what’s really driving them is money. You see, crypto-currency is still a “largely unregulated space” and because there have been multiple high-profile scams (and Google’s parent company Alphabet makes about 84 percent of its total revenue from advertising) it’s us or them.

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How do you feel about what Google is doing? Do you currently own any bitcoin? And would you, as Dr. Mercola has suggested, consider using another search engine?

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Erin Elizabeth

ABOUT THE FOUNDER OF HEALTH NUT NEWS

Erin Elizabeth is a long time activist with a passion for the healing arts, working in that arena for a quarter century. Her site HealthNutNews.com is barely 4 years old, but cracked the top 20 Natural Health sites worldwide. She is an author, public speaker, and has recently done some TV and film programs for some of her original work which have attracted international media coverage. Erin was the recipient for the Doctors Who Rock "Truth in Journalism award for 2017. You can get Erin’s free e-book here and also watch a short documentary on how she overcame vaccine injuries, Lyme disease, significant weight gain, and more. Follow Erin on FacebookTwitter, and Instagram.

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Sources and References

  1. CNBC, March 14, 2018.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment.

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