Viewing a response to: @josediccus/facebook-and-crypto-the-fear-of-demonetization
> . . . crypto is backed by nothing . . . I heard the same thing when one top Executive in one the major banks here in the Philippines bashed crypto. And you know what he said next that caused me to fall off my chair? ". . . but CBDC is backed by the Central Bank." I just could not understand how these top executives think. But later on, I realized that they're coming from a different world and that's why they see things differently. > Scam sells a lot in these places . . . Experienced that personally in promoting lending companies. Also, one time, I saw in my feed, a Pancake Swap link, but when I clicked it, Brave warned me that it might be a phishing site. I wonder because Facebook is so strong when it comes to content censorship. How come they are not screening these companies before allowing them to post ads on their platform? I am not sure if my conclusion is accurate that Facebook seems to me that when it comes to advertising, as long as companies are paying them fees, they don't care about protecting their users. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-josediccus-5deff)
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> How come they are not screening these companies before allowing them to post ads on their platform? As long as it's not legit crypto that unsettles the balance and gives people solid information that could change their lives, it's about money with these huge centralized platforms. The usebase of facebook is largely ignorant because Facebook is only filled with ads that misleads people. Most of these people are ignorant and exposed to the scams they see on Facebook, it'll be difficult to believe Crypto is even legit. Facebook wouldn't change, it's about making money and keeping people ignorant from the real deal.. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@josediccus/re-rzc24-nftbbg-mkpmj)
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