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Changpeng Zhao calls for blockchain-enabled social media platform amid YouTube’s crypto censorship

Thu, 26 Dec 2019, 10:44 am UTC

In a rather shocking move, video streaming giant YouTube has started deleting crypto-related content from its platform, Cointelegraph reported.

A number of crypto influencers on YouTube took to Twitter and Reddit to reveal what was going on. Chris Dunn, whose YouTube channel has over 210,000 subscribers, tweeted:


In a tweet, Omar Bham (@crypt0snews) listed several YouTubers that were affected by the recent crackdown.


YouTube has not released any official statement as to why it is banning crypto-related videos. However, the Twitter account @TeamYouTube responded to Bham on Dec. 24 saying that they are looking into the matter:


Bham had also previously shared a screenshot of a message from YouTube informing him that his content has been removed as, according to them, the content violates the platform’s “sale of regulated goods policy.”


Crypto Industry Reacts

The censorship by YouTube highlights the need for the crypto industry to try creating its own blockchain-enabled censorship-resistant social media platform. Binance CEO Changpeng Zhao said as much in a tweet:


Zhao said that such moves will drive more demand for decentralized platforms, thereby accelerating the development of the industry.

Ethereum co-founder welcomed Zhao’s idea to create blockchain-enabled censorship-resistant social media platform saying:


Bloq co-founder Jeff Garzik called out Block.one’s Voice project announced earlier this year. It can be recalled that EOS developer Block.one announced blockchain-based social media platform Voice in June this year with the objective of encouraging content creation, sharing, discovery, and promotion by real users, not bots and fake accounts.

Voice is planning to launch its beta version on Feb. 14, 2020. Buterin said that he has requested beta access:


Earlier this month, Twitter CEO Jack Dorsey announced that they are funding an independent team, called “Blue Sky,” that will focus on developing an open and decentralized standard for social media. The decentralized approach will allow Twitter to “access and contribute to a much larger corpus of public conversation, focus our efforts on building open recommendation algorithms which promote healthy conversation, and will force us to be far more innovative than in the past,” he said.

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