Media Security Sep 14, 2020

YouTube says no to cryptocurrencies

So far, YouTube has had a strange relationship with the crypto industry. The platform continues to ban videos related to cryptocurrencies, impeding creators of crypto content as they suffer from such restrictions.

Another victim of YouTube abuse

A recent victim of YouTube's ignorance is crypto youtuber Sunny Decry, who saw his live stream disabled by the platform citing ``malicious and dangerous policies.``

Decree, a company based in Switzerland, produces crypto content in German and English. According to Decry's tweet on September 5, the popular video-sharing platform interrupted his live broadcast on the English channel, warning him that he had violated YouTube's policies, and that another violation of This kind would result in the suspension of live broadcast service for a week (streaming, uploading, and publishing).

The company later called the move a ``mistake`` and restored some of the videos. Back then, the target was several well-known channels, including Decree's, which has more than 123,000 subscribers.

But the platform continues to crack down on cryptocurrency-related channels, which seems to be a response to large-scale crypto scams that promote fake giveaways.

Blocking everything related to the word ``crypto``

YouTube also removed the news outlet's channel Bitcoin.com for ``violating YouTube's Terms of use``, and stopped the flow of the popular media outlet Cointelegraph.

The platform is also among a slew of lawsuits brought by well-known names like Steve Wozniak for failing to take any action against scammers posing as famous individuals to promote fake cryptocurrency giveaways.

He even brushed off a similar lawsuit by brad Garlinghouse, CEO of blockchain company Ripple, saying that the imitators (scammers) were third parties and the company was not responsible for crypto fraud promoted through its video content or descriptions.

This seems rather strange, since the platform is still aimed at educational content about cryptocurrencies, but it is not responsible for scammers.

For now, YouTube's strange attitude towards cryptocurrencies remains a mystery, as the platform has not made any official statements about how it plans to handle cryptocurrency-related content.

SPACEBOT

Author of the article

How to register a new users on SPACEBOT?

Registration on SPACEBOT is available only via the referral link which you can get after bonding 100 coins to the pool.

In order to get the link through the Telegram bot:
1. Send 100 coins to the wallet given by the bot: Wallet – Deposit
2. Bond 100 coins to the pool: Wallet – Deposit for paramining
3. Skip to ‘Affiliate program’ section and copy your referral link
4. Now you can share your referral link and invite new users

In order to get the link through iOS/Android:
1. Send 100 coins to the wallet given by the App: Home screen – Refill
2. Bond 100 coins to the pool: Home scren – Bond
3. Skip to ‘Affiliate program’ section and copy your referral link
4. Now you can share your link and invite new users

How to install the iOS App?

To install the App

1. Follow the link:

https://apps.apple.com/ru/app/spacebot/id1498907599

2. Сlick ‘Install’ and follow the standard steps to install the App on your device

3. If you are a new user – press ‘Register’ (you need to indicate your inviter; find your inviter`s ID or get a referral link in the ‘How to register a new user’ section)

4. If you already have your SPACEBOT Telegram account you need to link it to email. You may find how to do it in ‘How to link email to your SPACEBOT account?’ section.

How to install Android App?

To install the App:
1. Follow the link:

https://play.google.com/store/apps/details?id=space.bot.mobile

2. Press ‘install’ and follow the standard steps to install the App on your device.

3. If you are a new user – press ‘register’ (you need to indicate your inviter; find your inviter`s ID or get a referral link in the ‘How to register a new user’ section)

4. If you already have your Telegram SPACEBOT account you need to link it to email. You may find how to do it in ‘How to link email to your SPACEBOT account?’

How to top up your balance?

Top up your balance with Telegram bot:
1. Go to ‘Wallet’ section
2. Press ‘Deposit’
3. Copy the wallets sent to you (be careful not to copy extra symbols)
4. Transfer coins to the copied wallet adress

Top up your balance with iOS/Android App:
1. Press ‘Top up’ on the mail screen
2. Copy the wallets sent to you (be careful not to copy extra symbols)
3. Transfer coins to the copied wallet adress

* Track transaction on the blockchain:
PRIZM – https://prizmexplorer.com
BIP/BTT – https://explorer.minter.network

**Please note that depositing of coins requires certain number of confirmations in the network and it takes time to process a transaction with our algorightm

***Also note that many exchanges and wallets services carry out transfers with delay (on some exchanges it can take up to 72 hours), and you shouldn`t worry since this is a stadard procedure.

How to bond coins to the SPACEBOT pool?

For bonding coins to the pool with Telegram bot:

1. Top up your balance (you will find how to do that in ‘How to top up your balance’ section).
2. Skip to ‘Wallet’ section
3. Press ‘Deposit for paramining’
4. Enter the amount*, note that this amount should be available in your main account
*For the first bonding: no less than 100 coins
For the second and subsequent bondings: at least 1 coin.
5. Confirm the amount, and the bot will send you a notification about the successful bonding (or ‘error’ will appear in case you have insufficient funds or the amount was entered incorrectly).

For bonding coins to the pool with iOS/Android App:
1. Chose the cryptocurrency on mail screen by scrolling to the left (PRIZM/BIP/BTT)
2. Once you`ve chosen the coin press ‘Bond’ on home screen
3. Enter the amount*, note that this amount should be available in your mail account
*For the first bonding: not less than 100 coins
For the second and subsequent bondings: at least 1 coin.
4. Confirm the amount, and the bot will send you a notification about the successful bonding, and your balance in the ‘Bonded’ field will change (or ‘error’ will appear in case you have insufficient funds or the amount was entered incorrectly).

**Attention! The first bonding of coins will take 24 hours, and only then the mined coins will be assessed.
The second and subsequent bondings will take 48 hours. It means that after the second bonding to the pool the mined coins will be assessed in 48 hours.