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Although Bitcoin has been able to prove that it is possible to trade from the value without the need to centralize cryptocurrencies production and validation have a long way to go.
Exchanging free online value is probably the most important achievement since the Internet came into being. If you think about it, despite the number of other technologies that influence, accelerate and improve the overall quality of life, such as AI, RV, AR and machine learning, no can not be compared to cryptocurrency. That is, in a few years everyone will definitely use some kind of cryptocurrency for payments. Why would people always want to keep bank accounts that have fees to keep? I do not mean companies or governments; I’m talking about people in general. The influence that crypto-currencies can have in things of everyday life will be much faster than that of other technologies, just like the Internet.
– This item n & # Is not financial advice, just my opinion and my thoughts. Most of my personal savings are in a crypto-currency form so please take everything I say with a grain of salt. Do not invest what you can not afford to lose-
Are we going to talk about the elephant not so transparent in the room?
In my last article, I mentioned that anyone who takes power is afraid of losing it. As it was nice when today I woke up and read Google also banning crypto – currency ads! It’s not so long ago, Facebook has also chosen to ban any ads related to cryptocurrency too.
“I am sure that they both had good reasons to do so”
Oh man, if only that was true. If only companies really care about people, the result of so many strategies would be so different.
Today, I have a simple goal: to show you how badly people perceive the strategies of these companies.
When you hear that a company is blocking certain advertisements, behaviors, actions, messages, whatever they are, the reasons are probably the most competitive ones. That is, the easiest way for any company to dominate the market is by shaking the competition. Let’s use the two examples mentioned above.
“This policy is deliberately broad as we work to better detect deceptive and misleading advertising practices, and the application will begin to develop on our platforms, including Facebook, Audience Network and Instagram. on this policy and how we will apply it as our signals improve. “
“We do not have a crystal ball to find out where the future goes with crypto-currencies, but we have seen enough consumers to harm or potentially harm the consumer that it does not. is an area that we want to approach with extreme caution. “
Both companies mention more or less the same reason: to protect consumers against bad investments and scams. I mean, does that sound right? Below, we have the Google usage rules for adwords.
For more details, see financial services. section. It is interesting to note that companies are indeed allowed to advertise financial services, such as personal loans, financial products, etc. Why exclude cryptocurrencies?
Demographic Behavior Behavior
The most obvious answer is to block competitors with much more value to advertise their products. There are people building decentralized search engines, decentralized social networks, decentralized supply chains and everything decentralized. This means that economic incentives are included with the platform. You, as a user, will receive money (in the form of tokens) to use these platforms or to share content on these platforms. The basic idea is that you always get something back.
That is the true strength of distributed ledger technology: when you associate it with economic incentives, virtually any product or business can be decentralized. Users of these products or companies will have more added value because there is an economic incentive in the background to enhance their experience by giving tokens for data, which can exist in many forms and forms. Just look at:
Bitclave, a decentralized search engine: With this product, you can get tokens to share data. It’s literally a web browser that pays you for research and data sharing.
Do you think that was Google’s reaction?
Steemit, a social network where users are paid to post content. The steemit registry has an incredible mechanics where posts really count as transactions that advance the blockchain. Any posts you share on steemit can be upvoted by community members and each upvote will entitle you to steemit dollars.
Both projects are supported by incredibly talented people. For example, Dan Larimer, the founder of Steemit, also coordinates the EOS project, which is considered one of the main competitors as a future player in the industry DLT protocol. There are many other cases of companies developing advanced technology that can improve the lives of people all over the world. We are talking about the complete digitization of any asset with economic incentives. This means that any correctly implemented blockchain, with a consensus mechanism like PoW, is infinitely more secure than the Google or Facebook servers. This has been proven by Bitcoin and the blockchain, at least until now.
As Google and Facebook users, we have two options. Either we accept the policies and continue our lives, or we refuse to accept them and we leave or make noise about it.
Leaving these platforms is not the right solution because forcing people to change is literally what I am against. Raising awareness of the centralization of these platforms and the sharing of alternatives, that is what we should do.
At the end of the day, we all have the choice:
(a) We can accept that these companies forever own our data and monetize them for their own profits, creating an imbalance in the content creation economy and removing the barriers for competitors to enter the market (because they can ban it happening now);
(b) We can instead support other projects, not only by creating content on these platforms (profiles, articles, articles, etc.), but also by sharing them with others. The more we are, the more we laugh!
You now authorize corporations that take advantage of your data, to decide what you can and can not see.
Remember: If you believe in crypto-currency at the base, spend as much time as you can think about it and talk about it. It’s up to all of us to teach and share how this wonderful technology works and the many benefits it brings to its users.
Join me, and together we can rule the galaxy
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