Is Bitcoin News Suppressed: Three days after Google first revealed the May 4 upgrade, search results are still fluctuating. Google cautioned that the process can take a few weeks to finalise. The changes are felt by many.
Just a few weeks Alphabet’s Google (NASDAQ: GOOGL) (NASDAQ: GOOG) decided to join the fintech game with its Smart Debit Card, there is a new situation. Google seems to be blocking crypto-related content after its update.
We have previously reported that the search engine giant is developing a smart debit card to beat others. This card is being developed reportedly to compete with other technology giants such as Apple Inc (NASDAQ: APPL). So, this situation doesn’t make really sense. According to the blog Search Engine Land, Google is rolling out a new core algorithm update in May.
This is widely known. Since Google controls YouTube, this is also getting worse for media companies that depend on Google traffic and is now affecting bitcoin and cryptocurrency YouTubers. Now shadowbanned are all major bitcoin YouTubers, including our MMCrypto channel.
“I saw that the YouTube purge was occurring in June and December 2019 due to strikes, which hindered us from publishing our bitcoin technical analysis films. However, “Shadow-banning” is more of a covert strategy. It restricts the audience for YouTube videos, which drastically reduces the amount of views we get.
Google acknowledged that, like they do multiple times a year, a large core algorithm change was issued on May 4. “The May 2020 Core Update is what it is termed. The advice we previously provided on such changes is still valid, according to Google.
90 per cent fewer views following a Google algorithm change
Google’s move, nevertheless, also affected certain crypto news sources in addition to cryptocurrency YouTubers. The newest development involving YouTube’s censoring of Bitcoin-related content, according to YouTuber and creator of The Moon AB Carl Runefelt, is quite worrying.
“I’ve never seen this on my channel before, and suddenly all of the major YouTubers in the Bitcoin sector are experiencing it at once in the recent days. The number of views drops by 90% within three hours of publishing the video, and it disappears from search results. Additionally, several of my 100,000 subscribers have complained that they are no longer receiving recommendations for my videos.
He continued by adding that this affects more than just YouTube. Additionally, he claims that yesterday’s Google search traffic for U.Today was significantly lower. According to Jaszczynski, Bitcoin’s non-confusability and resistance to censorship make it beautiful.
Is Bitcoin News Suppressed? Google updates Its Algorithms Education Is Crucial
According to Jaszczynski, education is crucial. “To protect their money, people need to be informed about things like gold and bitcoin. We may witness the emergence of hyperinflation in a few years if central banks continue to produce more money than before, he said.
Jaszczynski provided the following response when asked what may be done if Google keeps obstructing and obscuring crypto content:
Our audience is currently being decentralised, we said. In addition to our main YouTube channel, we now have MMCrypto DE in German, Telegram channels with over 15,000 subscribers, and MMCrypto on Twitter. Additionally, we’ll create accounts on decentralised streaming services.
However, Jaszczynski might not be able to switch to another platform if Google keeps enforcing its crypto censoring policies. If that occurs, others could likely do the same.
The timing of Google’s alleged crypto censoring is favourable. Currently, Bitcoin is about to experience its third BTC halving, which historically has caused the cryptocurrency to hit all-time highs.