Cryptocurrencies Test the US First Amendment: Should Crypto Ads be allowed on Social Media Sites?

Friends, this post concerns the nexus of Cryptocurrencies, Social Media and the US Constitution. Social media in general and Facebook in particular, are under enormous scrutiny around the world for their integrity, security and transparency. And while Cryptocurrencies as of early 2018 are aggressively seeking to go mainstream, many in the “traditional” side of currency trading still view them as highly speculative instruments. Thirdly, in the US free speech is highly protected via the 1^st Amendment to the US Constitution. Yet, where does that leave us when we consider placing online ads (aka free speech) for the Cryptocurrency ecosystem (which most would acknowledge is undergoing birth pains … at best) on largely unregulated Social Media a la Facebook, Twitter and for good measure …  Google AdWords? Purist will likely respond absolutely yes, however, our perception is that there is growing antipathy towards this three-way marriage among practitioners and regulators alike. What is your assessment? Send us your thoughts today. Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)