YouTube’s cryptocurrency content censorship resumes

youtube censorship cryptocurrency

Are you curious about what’s going on with YouTube’s censorship over the cryptocurrency space? Great! You’ve come to the right place. To learn blockchain development and be certified I recommend visiting Ivan on Tech Academy

Blockchain is currently #1 ranked skill by LinkedIn. Because of that, you should definitely learn more about Ethereum to get a full-time position in crypto during 2020.

In my first and second pieces, I’ve discussed Ethereum 2.0 and the best tools for developers. In my third and fourth articles, I’ve discussed quadratic voting and open governance models. Then, in my fifth piece, I’ve looked into Swarm’s infrastructure.

In my sixth, seventh and eight ones, I’ve dove-deep into consensus algorithms and the blockchain trilemma. Lastly, I’ve looked into blockchain sharding technology, which projects are making it thrive and I’ve done an intro to Plasma and Looms

To spice things up a bit this week, I’ve explained the importance of blockchain explorers, why tBTC matters for Ethereum developers, the difference between cryptocurrencies, crypto-tokens and stablecoins and, finally, what are tokenomics and how do they influence price.

Today I want to shift gears. Something that makes me sick is censorship. YouTube has resumed censoring cryptocurrency YouTubers. Apparently, the team behind the widely used video-platform, mistakenly bans serious crypto-tubers, like Ivan. 

Wtf is going on?

Crisis has fallen

During the Christmas holidays a great deal of YouTubers such as Ivan On Tech, The Moon, Mr Kristoff or Crypto Crown, saw their channels getting blocked for a week.

Moreover, an increasing number of videos were getting reported and blocked, which caused havoc among the cryptocurrency community.

Since a great deal of traders, investors and people interested in the space use YouTube for news and cryptocurrency-related content, the issue became far worse than what expected.

A great deal of impersonators appeared, which made things even more confusing. In essence, they were posting scam videos, requesting viewers to send them cryptocurrency.

The typical “send me x, I’ll return x+y”.

Bitcoin and a high number of cryptocurrencies exist so that we can properly have censorship resistance.

However, if the message cannot get trough since gatekeepers are running the show, how will the space react? Will YouTube’s cryptocurrency censorship remain for much longer?

Let’s dive-deep into the issue and try to measure the impact.

YouTube censoring cryptocurrency videos

The issue started, I believe, around December 20 or 21 – right before Christmas. The first round of censorship remained for about two weeks. At least, in some channels. 

Content started getting flagged and reported, which made YouTube simply suspend a high number of videos and channels.

Most of the people affected received e-mails from YouTube stating that the videos removed violated YouTube sales policies. Interestingly, most videos were simply either news, technical content or general cryptocurrecy stuff.

Has YouTube gone overzealous, or were they right to remove the videos without prior notice? After all, YouTube is just a company with internal rules to follow. Hence, they may chose to amend their internal terms and conditions. Which allows YouTube to implement censorship measures against cryptocurrency content.

Could YouTube be striking content due to paid promotions? Or perhaps, channels are being spam-attacked by “coin-whatever” army? 

The problem of censorship is real

The question we should be asking is what alternatives are there? From personal experience, I believe either podcast format or using a different video-streaming platform provider, like Twitch or dtube could be a solution.

Of course, no solution will ever be the perfect one and I sincerely believe it will be fairly hard to fully remove the censorship problem.

My best piece of advice is to follow Ivan’s. Join his own website’s mailing list. At least is harder to block email these days. 

I could be wrong; at the end of the day, a solution or quick fix might emerge faster than expected. After all, Bitcoin showed us it is possible to safety remove intermediaries without damaging the entire system.

My personal suggestion would be to simply do the same thing you do with your money: diversify risk. Meaning, use different platforms to upload your content. In addition, remember people use other services from time to time, as well as underline the importance of following your each and every step on Telegram or Twitter.

If the message cannot be censored, why should we care about a single platform?

How will Google react?

At the moment of writing, my suggestions are easier said than done.

Most folk go to YouTube and don’t bother looking into other streaming platforms. YouTube, so far, has greatly benefited from network effects. Still, I don’t thing those will last forever.

If Bitcoin can overtake banks, I’m pretty sure some other app will eventually replace YouTube. Perhaps, it is out there already.

In the meantime I will do my best to spread awareness about other platforms, in hopes we don’t have to face these sort of shenanigans anytime soon.

Don’t forget: follow your idols and educators in other networks. 

Resources

This article is not financial advisement.