A series of recent YouTube bans on popular crypto channels has been met with widespread anger by the crypto community. Bankless, one of the most popular Ethereum-focused newsletters and podcasts, says his account was terminated without warning or reason. It looks like Youtube is about to make critical decisions about Bitcoin and altcoins…
YouTube does not provide information on Bitcoin and altcoin bans
Bankless is not the only crypto channel to face YouTube bans. Aave founder Stani Kulechov states that the platform has also banned other education Web3 accounts, including Gabriel Haines and Optimism PBC:
It appears that Youtube (Google) BanklessHQ, gabrielhaines and optimismPBC have banned the accounts of Web3 education channels. We all need to switch to the Web3 social system to protect our freedom of expression.
Bankless says the platform did not give him any warning or reason for the ban . Another crypto channel, Haines, confirmed on Twitter that his channel had been removed, saying that the platform had deleted his channel due to “inactivity”, something he denied. All of Haines’ channel content also appears to have been permanently deleted without warning.
Crypto community opposes bans
Twitter’ Many in the United States reacted to the bans, especially given that they were issued without warning or justification. Users also criticized YouTube’s targeting of educational channels like Bankless. They noted that the platform still allows several other channels that trade crypto-related scams within their limits. The community is now calling for a decentralized alternative to YouTube…
Short Kulechov, who was banned for a tweet a while ago and allowed to return to Twitter, decided to create such an alternative. Kulichov recently launched a decentralized alternative to Twitter called Lens Protocol.
Decentralized social media platforms are being built
As we have mentioned in the news of Kriptokoin.com, many Web3 developers have taken the first steps in this lane. Some decentralized social media platforms currently operating and producing advertising campaigns: