YouTube Bans Bitcoin Magazine’s 60K Follower Channel

2 years ago

YouTube has conscionable banned the authoritative transmission of Bitcoin Magazine during a unrecorded watercourse astir Cash App integrating the Lightning Network, bitcoin mining successful Kazakhstan, and different Bitcoin-related news.

The level justified the determination saying that “content that encourages amerciable activities oregon encourages users to interruption YouTube’s guidelines is not allowed connected YouTube,” adding that exceptions mightiness beryllium made if a video portrays the accusation arsenic acquisition contented alternatively of inciting others to imitate them.

It is unclear the grounds with which YouTube utilized to prohibition Bitcoin Magazine’s channel. The unrecorded watercourse was informing viewers of caller Bitcoin news, including that wealth transmitting level Cash App had begun rolling retired Lightning integration to immoderate users, the latest updates connected the bitcoin mining manufacture successful Kazakhstan aft protests ensued past week, and Jack Dorsey’s Block caller propulsion to make next-generation bitcoin mining ASICs.

After the ban, search results for unrecorded Bitcoin contented present output livestreams that are promoting doubtful results with a consciousness of urgency emblematic of scamming activities, alternatively of the well-founded, cautiously constructed informational and acquisition contented being streamed by Bitcoin Magazine’s present banned YouTube channel.

At the clip of writing, the first hunt result is promoting a strategy successful which the spectator sends a definite magnitude of BTC to an code displayed connected the surface and the streamer supposedly sends treble the magnitude backmost – a classical maneuver employed by scammers to swift funds from naive radical who volition ne'er spot their BTC again. The video plays a Michael Saylor clip successful the inheritance successful an effort to adhd authenticity, though it is wide the watercourse is not being made by his company, MicroStrategy, arsenic the transmission sanction leads 1 to believe. It goes without saying, but ne'er nonstop bitcoin to anyone successful the hopes of getting it backmost – you won’t.

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