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The policy will be “intentionally broad” while Facebook works to understand which ads are deceptive or misleading, from companies “not currently operating in good faith,” the company said Tuesday in a blog post. Facebook, along with its other properties including Instagram, won’t allow ads that say “Use your retirement funds to buy Bitcoin!” for example, or those that promote binary options trading, a risky derivative with an all-or-nothing payoff.
“We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception,” Facebook said.
Facebook Inc. is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they’re “frequently associated with misleading or deceptive promotional practices.”
The Facebook founder went on to lament how this potential seems to have been corrupted by some big tech firms and governments that instead use technology to monitor people. He said he views cryptocurrency and encryption as potential tools for countering this trend, giving people back the power that’s currently held by centralized systems.
originally posted by: JinMI
The Facebook founder went on to lament how this potential seems to have been corrupted by some big tech firms and governments that instead use technology to monitor people. He said he views cryptocurrency and encryption as potential tools for countering this trend, giving people back the power that’s currently held by centralized systems.
futurism.com...
originally posted by: LogicalGraphitti
originally posted by: JinMI
The Facebook founder went on to lament how this potential seems to have been corrupted by some big tech firms and governments that instead use technology to monitor people. He said he views cryptocurrency and encryption as potential tools for countering this trend, giving people back the power that’s currently held by centralized systems.
futurism.com...
There's a certain innocence to those who really believe that cryptocurrency is going to "counter the trend, giving people back the power". Governments and bankers are already fretting over how to control it and the IRS has just stuck their big nose in. Your coin profits will be counted as income that you'll have to pay tax on. This isn't the path to utopia.
originally posted by: LogicalGraphitti
originally posted by: JinMI
The Facebook founder went on to lament how this potential seems to have been corrupted by some big tech firms and governments that instead use technology to monitor people. He said he views cryptocurrency and encryption as potential tools for countering this trend, giving people back the power that’s currently held by centralized systems.
futurism.com...
There's a certain innocence to those who really believe that cryptocurrency is going to "counter the trend, giving people back the power". Governments and bankers are already fretting over how to control it and the IRS has just stuck their big nose in. Your coin profits will be counted as income that you'll have to pay tax on. This isn't the path to utopia.
The Facebook founder went on to lament how this potential seems to have been corrupted by some big tech firms and governments that instead use technology to monitor people. He said he views cryptocurrency and encryption as potential tools for countering this trend, giving people back the power that’s currently held by centralized systems.
originally posted by: Outlier13
a reply to: projectvxn
Tai Lopez is a first class snake oil salesman d-bag. Eventually, he will be taken down for running a ponzi scheme. You heard it here first.