Does YouTube Have It Out For Crypto?

Happy Wednesday Blockfolians

The Lede

Over the last few months, YouTube has made crypto content creators increasingly uneasy. In December, it was a a slew of content deletions impacting numerous channels that later YouTube admitted was a mistake.

Image result for youtube crypto

This week, two more prominent channels received strikes against them. While the exact reason is unclear, it is a reminder that crypto is still in fraught territory and reliance on any third party platform can be a risky proposition.

Highly Relevant Reading

🤝An “Alliance for Prosperity”? | The Celo Foundation has announced a new initiative with more than 50 launch partners including A16Z, Abra and the Grameen Foundation designed to build apps that promote financial inclusion. That’s a mission we can get behind!

💼Rules increasing demand for crypto? | The crypto community tends to view regulation - especially cumbersome KYC/AML regulation - as a net negative. At least one trading European trading firm is finding, however, that recent 5AMLD rules are bringing more institutional interest.

🤩IOTA is finally back online! | Nearly a month after an attack shut down IOTA, the network is back online. The project’s founder is proposing to reimburse the victims of the $2+m theft, but lingering questions of centralization remain.

Community Commentary

As the “mining death spiral” narrative creeps back up, check out this thread from ARC’s Yassine Elmandjra
Bitcoin fighting to stay uncorrelated - and it seems to be doing okay?

Final Thought

Be careful out there, crypto community!