Here’s what Dogecoin co – founder has to say about Elon Musk Bitcoin scams on YouTube
Dogecoin DOGE / USD co-founder Jackson Palmer now shows compassion with Tesla Inc TSLA CEO Elon Musk.
In a recent tweet, Palmer criticized the video hosting platform YouTube for not taking action against Livestream scams with Musk. Palmer could find multiple scams by using a simple name search.
Sincerely confused about this. If you go to YouTube, search for “elon” and then select “Live” under Filters, its endless cryptocurrencies.@TeamYouTube these are simple things, why can you copy small creators so accurately, but you can not block these scammers who stream identical video? pic.twitter.com/YfInLZGCD0
– Jackson Palmer (@ummjackson) July 15, 2022
Palmer said YouTube does not address the issue because it would lead to a loss of advertising revenue.
I hear a theory from people about the cause @TeamYouTube Doing nothing is because stopping scams will cost them advertising revenue … it’s just very discouraging in that case.
– Jackson Palmer (@ummjackson) July 15, 2022
Also read: Elon Musk does it again! Supports Dogecoin, says he will continue to buy the Meme coin
Palmer identified these fake videos that appeared in the suggestions in the sidebar. He thinks it’s nice Cathie Wood of Ark Invest has not yet contacted YouTube to address the widespread bitcoin scams.
I’m also surprised by that @CathieDWood and @ARKInvest have not managed to convince @TeamYouTube to do something about this. Their brand is also being used across all these scams. Such a clear problem with a simple solution, but zero action.
– Jackson Palmer (@ummjackson) July 15, 2022
Palmer said it was unclear why YouTube did not address this obvious issue.
If this was a niche or hidden away in a corner of YouTube, I might care less – but these things keep popping up in the sidebar for recommendations.
This is spam management 101, @TeamYouTube should be able to fix this, but for some reason will not do so. It’s bizarre.
– Jackson Palmer (@ummjackson) July 15, 2022
Earlier in April, scammers tried to get away with a fake live broadcast on YouTube with Elon Musk and Twitter Inc TWTR founder Jack Dorsey in discussion with Ark Invest’s Cathie Wood.
The YouTube video shared a link to a site that contains a faux Bitcoin BTC / USD and Ethereum ETH / USD give away.
Through carpet pulling and other activities, fraudsters have defrauded global cryptocurrency investors out of nearly $ 8 billion.
Photo: Made with photos from Richard Patterson and Steve Jurvetson on Flickr
