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Tracing the motive behind Google’s Bitcoin ban

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Cryptocurrency has been one of the most controversial concepts of all time. While some consider it highly, some consider it a source of criminality. Blockchain market research reports say that despite the high transaction fees, unstable value and vulnerability to fraud of blockchain-based products, the technology continues to thrive in the zone of financials. Not only this, the quick-paced progress in the field and the increasing number of captivated users has led this industry to develop a stronghold. So much that Jack Dorsey, the CEO of Twitter, claimed that BTC has the potential to become the world’s only future currency. He was also seeking to include more bitcoin-supporting features in his self-owned payment service called Square. However, the search engine giant, Google, recently announced a ban on all advertisements that featured bitcoin or any other cryptocurrencies upsetting a high number of financial institutions. Why the finance industry calls this unfair ...