Digital Assets: The YouTube-Vs.-Crypto Standoff Ends Happily Ever After

YouTube pushed crypto-channel owners into hiding. Now its admitted to an error.

This shouldn’t have happened at Christmas. Crypto YouTubers and channel-owners were aghast to find themselves as the target of a crackdown from YouTube. News that the Google-owned video-sharing platform was restricting or even deleting crypto-related videos went rampant on the Internet on Christmas Eve.

The reason for the offensive? The videos were allegedly violating Community Guidelines and could be harmful or dangerous.

For example, channel owner Chico Crypto complained that YouTube had removed his videos and banned him for a week. Serious stuff!

Escalation sends YouTubers into hiding

However, the issue only escalated after that. Content creators had to hide their videos or even lay off posting crypto stuff until sanity returned.

Moreover, people were calling the action high-handed, uncalled-for and erroneous. Boycott YouTube, they demanded.

YouTube backs down

Today, however, was TGIF for more reasons than one for crypto YouTube aficionados.

YouTube admitted the whole fracas was an error. It said in a tweet:

“Hey there, this was an error on our side during the review process – your video should be reinstated and strikes resolved. Let us know if you’re seeing otherwise!”

However, YouTube will likely take a few days to unwind the mess and restore the pre-Christmas status quo for channel owners.

Well, all’s well that ends well.

Related Story:  Digital Assets: A Bitcoin Video Lands Up On TikTok, Goes Viral                                                  

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.

Alt Insights

May 21, 2020

Venture Capital: British Startup Offers Travel Jaunts on the Never-Never

Venture Capital: British Startup Offers Travel Jaunts on the Never-Never

Latest Alternative Investment News
Liquid Alternatives: RIP 60:40. Liquid Alts Solve the New Equation
May 22, 2020     Latest News, Liquid Alternatives, News

Volatile equity markets and declining fixed income yields have turned the traditional 60:40 portfolio allocation between stocks and bonds on its head. According to one study, an investor would today…
Digital Assets: The Texas Grid Pays Thiel-backed Layer1 to not Mine Cryptos in August
May 22, 2020     Digital Assets, News

Layer1, the bitcoin miner backed by the likes of top-flight VC Peter Thiel and early-stage investor Shasta Ventures, based its operations in west Texas to take advantage of cheap power….
Venture Capital: Beijing-based start-up Missfresh May Soon Nab $500M
May 22, 2020     News, Venture Capital

The Covid-19 has boosted the fortunes of online grocery delivery start-up Missfresh. Locked-in families have stepped up their demand for groceries and fresh foods to be delivered at home amidst…
Fintech: Visa Enters an Investment and Strategic Partnership with GoodData
May 22, 2020     FinTech, News

Global analytics firm GoodData announced it had received an investment from Visa Ventures, the corporate venture investment division of payments giant Visa (NYSE: V). GoodData also said the two companies…

Scroll to Top