We’ve seen YouTube clamp down on crypto channels before. But now it looks as if the censorship has over-stepped the mark. BTC GBP: Current exchange rate of Bitcoin BTC and British Pound GBP with chart, historical rates and news on BÖRSE ONLINE. /PRNewswire/ — Crypto.com and Ledger today announced the successful integration of Crypto.com Pay, a cryptocurrency payment solution powered by the Crypto.com…
We’ve seen YouTube clamp down on crypto channels before. Some have fallen victim to an algorithm update and been reinstated, others permanently purged as fake accounts and scammers. But now it looks as if the world’s largest video social platform has over-stepped the mark.
Warnings, strikes, temporary bans, and takedowns of specific content are all par for the course when it comes to cryptocurrency influencers on YouTube. However, a stunned Jason Appleton (AKA prominent influencer Crypto Crow) took to Twitter today to say his channel had been terminated.
No idea why my channel was hit with this. They really dont tell you anything. I’m crushed right now. I’m stunned. I feel I’ve done everything properly.
What?! 😮@YouTube just permanently DELETED a crypto channel!
That’s insane, pure censorship! Can’t believe this just happened! Retweet and LIKE to spread awareness!@TeamYouTube please fix ASAP! 😡 https://t.co/v14sQClNUn
— The Moon (@TheMoonCarl) April 9, 2020
His tweet was met with a flurry of support from other influencers in the crypto space. There were comments from Wendy O, saying:
Im so sorry to hear Crow – sending love and hope it gets resolved
And from fellow YouTuber Keith Wareing:
That’s terrible Jason. Sorry to hear this. For what it’s worth I have heard of other terminated accounts coming back after a few days, so fingers crossed
The rest of the comments hit out at YouTube for downright censorship. There was understandable anger and backlash. Many people pointed out that it was time for crypto influencers to leave YouTube in droves and opt for platforms like LBRY instead. As a digital marketplace controlled by its users rather than a centralized third party, censorship of channels is impossible.
The anger is understandable, particularly as Crypto Crow never received so much as a warning. Moreover, if years of uploaded work only exist on the platform, he’s probably lost a ton of material as well as followers overnight.
However, YouTube is caught in a constant game of whack a mole when it comes to shutting down fake accounts. Just a couple of weeks back, Ripple CEO Brad Garlinghouse also took to Twitter to voice his outrage against YouTube. But this time for a different reason.
He had a fake account brought to his attention posing as him, leading him to say:
Enough is enough
Enough is enough — in a time of global crisis, when people are especially vulnerable — social platforms need to hold scammers (crypto and otherwise) accountable for stealing money from innocent victims with fake giveaways. (1/2) https://t.co/wxrF4J3JWu
— Brad Garlinghouse (@bgarlinghouse) March 25, 2020
He also added called out to the social media giants individually urging them to act:
@YouTube, @Instagram, @Twitter, etc. Action needs to be taken – more to come soon.
So is this a case of YouTube trying to crack down on fake accounts and overstepping the mark by mistake? Is the platform buckling to pressure from influential sources? Or is it simply a mistake and Crypto Crow will have his account back in no time? Either way, this highlights the threat of centralized platforms–in whatever form they take.
What do make of Youtube now completely removing crypto influencer accounts without warning? Add your thoughts below!
Bitcoin – british pound (btc / gbp) – exchange rate – stock exchange online
Crypto.com Pay Goes Live on Ledger.com
HONG KONG, April 9, 2020 /PRNewswire/ — Crypto.com and Ledger today announced the successful integration of Crypto.com Pay, a cryptocurrency payment solution powered by the Crypto.com Chain, to the Ledger online store. Through the partnership, Ledger will accept Crypto.com’s CRO token along with BTC, LTC, ETH and XRP, expanding the number of coins its customers can pay with.
For merchants, the solution is simple to set up, they are not charged processing fees for settlements in crypto and they can instantly convert crypto purchases into their preferred fiat currency, reducing exposure to exchange rate volatility. A recent enhancement to Crypto.com Pay allows merchants to issue invoices via email to collect payment. The successful integration on the Ledger platform marks a key milestone on Crypto.com’s ambitious merchant acquisition, which includes recently announced partnerships with Travala and Oveit.
The partnership also opens up a new, seamless payment process for the 1M+ Crypto.com App users, while simultaneously extending the payment options for Ledger’s millions of users, including payment in CRO and LTC.
Pascal Gauthier, CEO of Ledger said: “We are thrilled to add Crypto.com payment solution, as it is one of the most innovative and serious players on the market. Crypto mass adoption will be brought by enabling crypto payment features on e-commerce websites. Thanks to this new integration, we are offering new payment possibilities with your favorite crypto.”
Kris Marszalek, Co-founder and CEO of Crypto.com said, “We created the Crypto.com Chain and Crypto.com Pay as we identified a need in the industry: to pay and be paid in any crypto, anywhere, for free. We have been working ceaselessly to expand the merchant network of Crypto.com Pay and we feel very fortunate to have the support of Ledger, one of the most respected names in the industry, as we continue to extend the utility of CRO and drive mass adoption of cryptocurrency.”
The integration also introduces two promotions:
Founded in 2014, Ledger is a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. Headquartered in Paris and San Francisco, Ledger has a team of 160 professionals developing a variety of products and services to safeguard cryptocurrency assets for individuals and companies—including the Ledger hardware wallets line already sold in 165 countries. In 2018, Ledger was named as one of the “Hottest Startups in Paris” by WIRED Magazine. www.ledger.fr
Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of “cryptocurrency in every wallet” into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 200+ strong team. For more information, please visit www.crypto.com.