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So did they change their mind regarding cryptocurrency being ‘frequently associated with misleading or deceptive promotional practices’ or did they just decide

So did they change their mind regarding cryptocurrency being ‘frequently associated with misleading or deceptive promotional practices’ or did they just decide they wanted to profit off of it again?

ucaetano 8y ago
They realized their own business model is frequently associated with misleading or deceptive promotional practices, so there would be synergy in allowing cryptocurrency ads.
- aresant 8y ago
  That is such snark for HN but I couldn't help but laugh. Back in the day FB had a full on "roll out the red carpet" event for notable affiliate marketers, led by "Shoemoney" to figure out how they could better engage that market to bring the diet pill, cell phone ringtone subscription scams, and "advertorial" formats to the FB ad marketplace. And it worked brilliantly for years - affiliates figured out how to napalm international countries with that scammy bullshit and in countries like Brazil the top ad categories for years were uintentional diet pills scam subscriptions fulfilled by makeshift international fullfillment centers. FB let those gorillas into the house, looked the other way as much as they could, and slapped meaningless "bans" on accounts that were too hot to handle. Then when they were all grown up and had "legit" ads to swap in they buried those relationships. I respect FB as the money printing machine that it is, but their foundation was built on "deceptive promotional practices" and it's undeniably in their DNA.
  - Method-X 8y ago
    Google did the exact same thing with AdWords back in the day. Doesn't make it right but I think it's worth mentioning.
  - ngold 8y ago
    It's classic, steal the castle, make a shaky peace and marry into the royal line.
downrightmike 8y ago
‘frequently associated with misleading or deceptive promotional practices’ Could be a highly useful way to get ad money with less oversight.

ucaetano 8y ago

They realized their own business model is frequently associated with misleading or deceptive promotional practices, so there would be synergy in allowing cryptocurrency ads.

aresant 8y ago
That is such snark for HN but I couldn't help but laugh. Back in the day FB had a full on "roll out the red carpet" event for notable affiliate marketers, led by "Shoemoney" to figure out how they could better engage that market to bring the diet pill, cell phone ringtone subscription scams, and "advertorial" formats to the FB ad marketplace. And it worked brilliantly for years - affiliates figured out how to napalm international countries with that scammy bullshit and in countries like Brazil the top ad categories for years were uintentional diet pills scam subscriptions fulfilled by makeshift international fullfillment centers. FB let those gorillas into the house, looked the other way as much as they could, and slapped meaningless "bans" on accounts that were too hot to handle. Then when they were all grown up and had "legit" ads to swap in they buried those relationships. I respect FB as the money printing machine that it is, but their foundation was built on "deceptive promotional practices" and it's undeniably in their DNA.
- Method-X 8y ago
  Google did the exact same thing with AdWords back in the day. Doesn't make it right but I think it's worth mentioning.
- ngold 8y ago
  It's classic, steal the castle, make a shaky peace and marry into the royal line.

downrightmike 8y ago

‘frequently associated with misleading or deceptive promotional practices’ Could be a highly useful way to get ad money with less oversight.