Facebook And Instagram Announced they will be Banning All Bitcoin, ICO, Other Cryptocurrency Ads
The cryptocurrencies have captured the attention of just about everyone and these new monies have been on meteoric rise of late.
However, we foresaw bleak future for cryptocurrencies as alternative currency. We believe all digital monies will eventually become investment novelty at best, if not downright banned in a matter of time.
Why?
Factor # 1 Why Future Of Cryptocurrencies Is Bleak
The #1 Enemy – Money Mafia, or call them whatever you want … The Fed, Rothschild, Central Bank, Banking Cabal, Super Loan Shark.
The #1 Reason – Unless the Money Mafia is able to invent a new cryptocurrency that will allow them to profit just like the fiat currency, something they can print and charge interest at their whim and fancy (using a private company called the Fed). There is no way they going sit back and watch the cryptocurrencies replace the very business they have been profiting in the trillions for centuries.
It does looks like the Money Mafia has run out of option ie. they have failed to invent a new cryptocurrency which they can manipulate like fiat currency.
That said, it’s reasonable to believe Facebook could be conspiring with Money Mafia to kill off cryptocurrencies?
The Rothschild Connection?
Facebook, Instagram Banning All Bitcoin, ICO, Other Cryptocurrency Ads
Facebook is banning all ads promoting cryptocurrencies is an “intentionally broad” policy, allegedly aimed at stopping scammers, which the company said the ban will be in place until the company can learn to better detect deceptive and misleading advertisements
Facebook is prohibiting all cryptocurrency ads, including those on Instagram, the company announced on Tuesday.
That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options, according to a Facebook blog post.
The move comes as cryptocurrency use is on the rise, and as the new type of currency spikes, so do scams.
Facebook Product Management Director Rob Leathern said in a post “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.”
Due to the rise in scams, Facebook is now prohibiting 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.” So they wanted folks to believe.
“This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices,” wrote Rob Leathern, one of Facebook’s ad tech directors. “We will revisit this policy and how we enforce it as our signals improve.”
Ads that violate the company’s new policy will be banned on Facebook’s core app, but also in other places where Facebook sells ads, including Instagram and its ad network, Audience Network, which places ads on third-party apps.
Earlier, an anonymous developer had launched “Ponzicoin”, a cryptocurrency which was explicitly and transparently a pyramid scheme. Despite the coin being largely satirical, with its site full of wry commentary on the wider cryptocurrency sector, it genuinely existed – and sold in such large quantities that the developer was forced to shut down direct sales, “because this was a joke”.
Is this a joke or is this Money Mafia Conspiracy?
Anyway,
BITCOIN SKIDS TO LOWEST SINCE NOVEMBER AFTER WORST MONTH IN THREE YEARS
A $530 million hack of Japanese cryptocurrency exchange Coincheck late last week has also weighed on the market
Bitcoin, the world’s largest cryptocurrency, skidded 9 percent on Thursday to its lowest level since late November, as a Facebook ban on cryptocurrency adverts and a growing regulatory backlash against the nascent market rattled investors.
On the Luxembourg-based Bitstamp exchange BTC=BTSP bitcoin fell to as low as $9,165, marking a more than 50 percent fall from a peak of almost $20,000 hit in December. It slid more than 26 percent last month, in its worst monthly performance since January 2015.
Related: –
From recent JFK release: 11/21/63 – subject allegedly told the informant:”We now have plenty of money — our new backers are jews — as soon as ‘we’ or (they) take care of Kennedy…” JFK was killed in Dallas the next day
Whaddaya Say?