Originally posted by DealorNoDeal
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Cryptocurrency
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“‘Time to buy’ bitcoin adverts banned in UK for being irresponsible
Campaign failed to say investment was complex, volatile and could expose investors to losses, says ASA”
https://www.theguardian.com/media/20...-banned-uk-asaComment
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Originally posted by AtW View Post“‘Time to buy’ bitcoin adverts banned in UK for being irresponsible
Campaign failed to say investment was complex, volatile and could expose investors to losses, says ASA”
https://www.theguardian.com/media/20...-banned-uk-asaFirst Law of Contracting: Only the strong surviveComment
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I don't know why they're just singling out Bitcoin and crypto.
There's a whole host of complex, volatile financial instruments out there that you can lose money on. IMO, the ads for stock brokers, pushing US tech stocks, are just as irresponsible.
And BTW, if anything needs banning, it's gambling ads, where punters are more or less guaranteed to lose.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostAnd BTW, if anything needs banning, it's gambling ads, where punters are more or less guaranteed to lose.
‘Time to buy’ - clear call to action, financial advice - how was that allowed in the first place? One would have thought any ads that relate to investments should get reviewed and approved by relevant regulator.Comment
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Originally posted by DealorNoDeal View PostI don't know why they're just singling out Bitcoin and crypto.
There's a whole host of complex, volatile financial instruments out there that you can lose money on. IMO, the ads for stock brokers, pushing US tech stocks, are just as irresponsible.
And BTW, if anything needs banning, it's gambling ads, where punters are more or less guaranteed to lose.First Law of Contracting: Only the strong surviveComment
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First Law of Contracting: Only the strong surviveComment
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Originally posted by AtW View Post‘Time to buy’ - clear call to action, financial advice - how was that allowed in the first place? One would have thought any ads that relate to investments should get reviewed and approved by relevant regulator.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostExcept crypto isn't regulated, which is presumably why it was the Advertising Standards Authority (not the FSA) which intervened.
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https://www.theguardian.com/technolo...rive-shortages
So tulipcoin is now going to drive up hard drive prices? Starting to think there's some kind of collusion between component manufacturers and "inventors" of new "currencies"Comment
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