While the rest of the world celebrate the holidays this December, Youtube has taken to de-listing and de-monetizing specific cryptocurrency channels. The ban appears to have started on December 23rd and is still in effect, hitting some of the better-known influencers in the crypto and blockchain space.
Bans on cryptocurrency-related material are nothing new, as last year, Facebook banned all crypto ads due to concerns around “fear or deception”. It was only later that Facebook announced it had been developing its cryptocurrency, Libra, which failed to launch in 2019.
While some content creators have had one or two videos removed by Youtube, others like Ivan on Tech are now completely devoid of any videos or material.
Eliminating a Youtube channel like Ivan’s, with over 211,000 subscribers, can be devastating. Strikes or bans on Youtube creators significantly affect their income and livelihood. A strike can prevent a broadcaster from live streaming for 90 days and, while a ban can be appealed, the process is time-consuming and…