Google’s decision to ban all bitcoin and cryptocurrency adverts on its platforms isn’t going down well with cryptocurrency and blockchain technology proponents — with some believing that there is more to the decision than meets the eye.
In March 2018, Google issued a statement announcing that cryptocurrency-focused promotional content would no longer be allowed on all of its platforms. According to the statement, the ban covers adverts for ICOs, exchange platforms, wallet services, etc.
For stakeholders like Phillip Nunn — CEO of Blackmore Group, a cryptocurrency investment firm — the ban has a tinge of hypocrisy about it. Speaking to The Independent, Nunn said: