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.
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