I'm definitely no statist... but... to be fair, I see the ban on ICO advertisements as protection for people who are new to crypto. I see most reliable/well minded projects having no need to advertising, rather, they have the ability to raise funds organically.
If a project has a good enough team and pipeline, normally, it has enough merit to reach people's eyeballs organically. But I understand many people disagree with this sentiment.
Orange, I agree with your post. You really have to know what you are getting into and more importantly, just like if you were to purchase a stock on the exchange, you must know the product and the team behind the name. Good Comment.
Absolutely. Good analogy!
Ad platforms have never allowed "get rich quick" advertising, and unfortunately that is what most ICO's and crypto products are highlighting. Its not necessarily a ban on crypto, the old school "Magic Internet Money" ads on Reddit would probably be ok, but its a ban on the general populations thought that crypto = lots of easy money.
I hear you, and FB has the right to do what they want on their own platform. Yet, banning ICO ads to "protect" people is the wrong approach. Banning ALL ads? That would be like saying "Don't ever go to _____ (unnamed city) because there are criminals there and you could be hurt." Well, we have to use discretion and be selective in what we ban. Thank you very much for your thoughtful response @orangesphere. I appreciate you being here and look forward to seeing you around more.