Skip to main content

Facebook Censors Bitcoin-related Content Once Again

Bitcoin is censorship-resistant… The hashtag #Bitcoin is not.

Over the past days, Facebook has been busy censoring all posts that include the #Bitcoin hashtag in the description. There are no distinctions: Videos, photographs, and even messages have been censored, blocking the public from accessing any information related to the cryptocurrency.

Upon entering the hashtag, users in different parts of the world are confronted with a censorship screen in which Facebook ensures that posts are “temporarily hidden” in order to keep the community safe, according to its policies.

Facebook has hidden search results for #Bitcoin. Image: Facebook
Facebook has hidden search results for #Bitcoin. Image: Facebook

 

Several users went on Twitter (where it is possible to talk about Bitcoin) to denounce the ban. Twitter, unlike Facebook, has a pro-bitcoin point of view. Not only it allows the hashtag, but the cryptocurrency also has its own emoji. Its CEO, Jack Dorsey, has talked about Bitcoin on numerous occasions, saying it will play a significant role in the future of finance.

Beware of #Bitcoin!

It seems that Bitcoin is the most dangerous cryptocurrency in the ecosystem because Facebook is allowing searches for any other altcoin like #Ethereum, #Cardano, #ethereumclassic, etc. and other safer projects (note the sarcasm) like #onecoin #hex and a popular Latin American alleged scam operating under the brand name #auricoin.

Some other hashtags that Facebook considers to be safer than #Bitcoin are: #Drugs, #xans, #weapons, #counterfeit, #whitesupremacy, #Hamas and #Isis.

While the hashtag is a big no-no for Facebook, the search results for “Bitcoin” —without the hashtag— are entirely normal and have not been censored by the social media behemoth.

Facebook Swings Back and Forth With Its Bitcoin Policies

This isn’t the first time that Facebook has censored Bitcoin-related content. In early 2018, Mark Zuckerberg’s company decided to change its policies to expressly prohibit any advertisements promoting the trading of cryptocurrencies and other ICOs.

In an official post blog, the company described cryptocurrencies as products that could harm its users’ interests. They assured that the policy would be broad until they were able to refine the censorship mechanisms applied to this type of ads:

We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or disappointing promotional practices, such as binary options, initial coin offerings, and cryptocurrency.

However, Facebook came to its senses and allowed the crypto ads again… that is when it decided to launch its own cryptocurrency, Libra. “We’ve listened to feedback and assessed the policy’s effectiveness,” the corporation said in a statement.

Facebook has not issued any official statement to clarify whether this change of heart has anything to do with the fact that Libra is almost dead, and there is no need to continue supporting the world’s largest cryptocurrency.



from CryptoPotato https://ift.tt/3kM18pd https://ift.tt/3kPJK2P

Labels

Labels:

Comments

Post a Comment

Any questions, Please.

Popular posts from this blog

Five Bitcoin Price Charts Analyzing The Dramatic Q1 2022 Conclusion

There are only hours remaining until the Q1 2022 close in Bitcoin price action. With the important quarterly candle set to close tonight, let’s look at what technicals might say about the direction of the next quarter. Q1 2022 Comes To A Close For Bitcoin The first quarter of a year, often sets the tone for the year to come. In investments, a poor Q1 performance is indicative of a bad year ahead. Considering the fact that Bitcoin price is now above $45,000 after touching $32,000 this quarter, it is tough to say the performance has been “poor” by anything other than crypto standards. Related Reading | Bitcoin Weekly Momentum Flips Bullish For First Time In 2022 The cryptocurrency has recovered nearly 40% from the low, leaving a long wick behind. Such a long wick suggests that before the quarter came to a close, buyers stepped up in a major way. Buyers were able to step up in a larger capacity in Q1 2022 than bears were able to in the final quarter of last year. The bearish wick to cl...
Post a Comment
Read more

ENS DAO delegates offer perspective on DAO governance and decentralized identity

AlphaWallet CEO and Spruce co-founder talk about their roles as contributors to the Ethereum Name Service following the project's recent airdrop. Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community.  Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory Rocco, co-founder of Spruce, a decentralized ID and data toolkit for developers. Zhang spoke about his experience as an external contributor to ENS and an early supporter since 2018. Zhang initially sought to help ENS by offering Alpha Wallet as a user-friendly tool for  resolving .eth names and cryptocurrency wallet addresses. Essentially, if a user inputs an .eth name in the AlphaWallet, it will show the wallet address, and vice versa using reverse resolution. Alpha...
Post a Comment
Read more

FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer

On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far. Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to launder the money.  A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a portion of the stolen funds to the OKX exchange, after using the Bitcoin mixer ChipMixer. The analyst reported that at least 225 BTC — worth $4.1 million USD — has been sent to OKX so far.  1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer. It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX pic.twitter.com/C46JZWtktn — ZachXBT (@zachxbt) November 29, 2022 According to ZachXBT, the FTX h...
Post a Comment
Read more