After YouTube’s ban on Bitcoin.com’s official channel used in promoting Bitcoin Cash (BCH), Roger Ver, founder of Bitcoin.com, blames Bitcoin maximalists for the shutdown.
In crypto, maximalists are people who believe that a particular coin or project is the only real cryptocurrency and all other coins or projects are shitcoins. Bitcoin maximalists, for instance, maintain that altcoins are not just technically flawed but also morally questionable.
Roger Ver: I suspect Bitcoin maximalists
In a video shared on Reddit, he claims that his website’s channel was banned for “basically no reason” and he suspects Bitcoin Maximalists.
“I suspect probably a bunch of these Bitcoin Core anti-competition maximalists falsely reported the video saying ‘It’s a Bitcoin Cash scam!’ or some nonsense like that,” Roger Ver said.
He further added that there are numerous scam videos posted on the YouTube platform that have exploited countless unsuspecting crypto users, but nothing was done about it.
These scammers hide under the identities of popular crypto brands and famous figures like Bill Gates, Elon Musk, Brad Garlinghouse, etc., to deceive newbies and long-time crypto users.
One of the numerous cases of YouTube scam videos is the recent Palihapitiya case, done under the identity of billionaire investor Chamath Palihapitiya. A live stream was uploaded on YouTube claiming that “Palihapitiya” was giving out 5000 BTC and a man reportedly lost $1000 worth Bitcoin to the scam.
Ripple sues YouTube
Brad Garlinghouse, CEO of Ripple, a San Francisco-based fintech startup, has taken it upon himself to file a lawsuit dated April 21, 2020, against YouTube. Garlinghouse said the popular video-sharing platform has a lackadaisical attitude towards Ripple-related scam videos that not only defraud consumers but also damage the reputation of Ripple.
YouTube is seemingly neglecting fraudulent crypto channels while shutting down legitimate accounts.
Earlier this year, Coinfomania reported that crypto YouTuber, Chris Dunn saw the videos in his 10-year old channel deleted by the platform. According to the report, YouTube claimed the contents were “harmful or dangerous content” and “sale of regulated goods.”