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December 27, 2019 07:00 am

YouTube Goes To War With Bitcoin and Cryptocurrency

Google has decided to remove hundreds of bitcoin and cryptocurrency videos from YouTube in what's being called a "crypto-purge" -- leaving many who make bitcoin and cryptocurrency-related videos feeling unfairly targeted by the search giant. A YouTube spokesperson said the video-sharing platform has since reinstated the purged videos, however some content creators claim their deleted videos remain inaccessible. Forbes reports: The YouTube crypto-purge appears to only be targeting smaller channels and publishers, with crypto-related videos from the likes of bitcoin and crypto news outlet CoinTelegraph and U.S. business news publisher CNBC escaping the cull. One YouTuber Chris Dunn, who has some 210,000 subscribers on the platform, asked YouTube for an explanation via Twitter. "YouTube just removed most of my crypto videos citing 'harmful or dangerous content' and 'sale of regulated goods,'" Dunn wrote, adding he's been making videos on the platform for 10 years and built up 200,000 subs and 7 million views. Meanwhile, others have been searching for a reason for the purge, finding YouTube's citing of "harmful and dangerous content" unsatisfactory. "So far Alphabet [Google's parent company] has made no attempt to explain the reasons for the culling," Mati Greenspan, the founder of research group Quantum Economics, wrote in a note. "The first instinct that many had was that perhaps they're trying to protect the consumer from scams. However, this wouldn't make much sense given that Google and Facebook have already had a crypto advertising ban last year that has long since been reversed, likely due to regulatory clarity in the U.S. where it was found that bitcoin and ethereum are neither securities nor scams." A YouTube spokesperson told CoinDesk that YouTube made "the wrong call." "With the massive volume of videos on our site, sometimes we make the wrong call. When it's brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the content," the spokesperson said. The spokesperson further stated that YouTube has not changed any policies related to cryptocurrency videos.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/IgLIXG6KrSI/youtube-goes-to-war-with-bitcoin-and-cryptocurrency

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