Chris Dunn is a crypto influencer with over 200 thousand followers in YouTube. His channel has accumulated over 7 million views over the past ten years. Dunn reported that most of his crypto videos have been removed. Other channels like BTC Sessions and Chico Crypto have had the same problem with one or more videos.
YouTube hasn’t announced any changes to its content policy. However, it’s likely that an individual or a group of individuals have been reporting video content from several channels. Chico Crypto believes it’s an organized group on Telegram.
Bad relationship YouTube and crypto
This is not the first time that YouTube moves away from cryptocurrencies. Last year both Google and Facebook refused the run advertisements for cryptocurrency projects. The companies later revoked the block, even though this only happened partially.
On top of that Facebook has recently been hit by many scam advertisements, using images from local celebrities without any form of approval. At the same time crypto-related advertisements on YouTube are most of the time from self-acknowledged top tier traders who promise lambos and yachts, when people sign up for their online trading course.
To add a personal note: Take a look at the screenshot at the article. These video creators are promising ‘huge consistent gains’, ‘a simple method to make $100 a day’ and a ‘big breakout’. All these are click bait and empty promises. From that perspective, can’t blame YouTube for blocking these ads and even removing video content.
Blockchain alternatives for YouTube
If YouTube is really banning cryptocurrency content or crypto trading content specifically, content creators can always move to blockchain-powered video platforms. DLive is a growing streaming platform, while BitTubers could be an alternative for uploading videos. LBRY also has a blockchain-powered video platform, where third parties are never able to censor content.