Google is preparing to promote its own cryptocurrency.

in #crypto-news6 years ago

Google-Bitcoin.jpg

Google, by prohibiting advertising of cryptocurrencies and ICO on its platforms, is preparing to promote its own cryptocurrency. This conclusion was reached by many international experts, including the CEO of the investment company Blackmore Group Phillip Nunn, who openly expressed surprise at the fact that the company prohibits the advertising of crypto currency, but at the same time leaves gambling advertising.

According to the expert, the introduction of such a ban can have only one explanation – Google is preparing to release and promote its cryptocurrency in the near future. Many experts in the field of cryptocurrencies agree with this opinion, also suspecting Google of unfair competition and doubting the sincerity of the Corporation's intentions to protect people from scams.

I remind you that in March, Google after Twitter and Facebook announced the introduction of a ban on any advertising of cryptocurrencies, which came into force on June 1. The company's management explained this step by the fact that data on cryptocurrencies often misinform people, forcing them to make wrong decisions, and can also become an effective tool in the hands of fraudsters.

Despite the official attitude of the company to cryptocurrencies, in April it became known that three former leading Google employees founded the xgoogler Blockchain Alliance (GBA) community for those who work or worked in this company and are interested in blockchain technology.

Earlier, Google announced that it is actively working to create its own blockchain solution to support cloud infrastructure.
In addition, in may, Google invited to cooperate with the co-founder of the Ethereum cryptocurrency Vitalik Buterin, as the programmer wrote in his Twitter, but then deleted this post.

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It's totally unfair for the rest of crypto businesses. Let's also consider the fact that ads from gambling companies and other unethical practices are still accepted by Google.

You have been tagged @steembloggers 30 day tag challenge. Thanks for the heads up.

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