Cryptocurrency’s Transparency And Censor-Resistance Is Challenged By Medium Platform
The cryptocurrency industry thrives on the values of complete transparency in their transactions, along with accountability for the blockchain and the disdain for being silenced. However, despite the many crypto platforms that post on the Medium blog services, the platform has begun to vanquish any crypto content that might show up.
This move follows the actions of Facebook, Google, and Mailchimp, who have done away with crypto advertising all together. The most curious aspect of this decision is the way that it goes against Medium’s positive position for free speech.
In the past, Medium has been the go-to place for cryptocurrencies to write about their endeavors and to keep consumers updated. The website itself has included pieces on tokenomics, algorithms, blockchain scaling, and even ICO details. However, it seems that in the last week is the end of the road on this informative platform. In recent developments, the source of the censor seems to come after the discussion of airdrops and bug bounties in articles.
Even with the censored content, the messaging platform for Ethereum (Status) made a post called “Status, Medium, and Censorship” on June 15th. The article reads:
“Medium is currently one of the primary communication channels of the cryptosphere. Blockchain-based visionaries, both affiliated with projects and independent free-thinking technologists, have all made Medium a critical part of how they communicate. Recently, we attempted to publish a blog post announcing our latest Bug Bounty Program. The post was immediately suspended, followed by an automated email noting a general violation, without detailing any specifics, and a link to Medium’s recently updated policy regarding cryptocurrencies.”
The rest of the post continues on, discussing the lack of violating the policies that Medium references, and how they edited the article anyway. In spite of these efforts to comply, Status’s article remains unpublished. Blockchain.io’s page on Medium was suspended as well, but it has since been reactivated, though their recent announcement of an airdrop is missing.
Google and Facebook have already stopped posting ICO advertisements, which didn’t seem to bother the crypto community at all. However, with the other platforms for blog and announcement postings pulling back, it somehow seems more threatening worldwide. One by one, more companies are avoiding the publishing of crypto content, despite their lack of issue with posts that include hate speech, spamming, and even affiliate projects.
Even though the Terms of Service for Medium dictate their ability to eliminate any content on the website at their discretion, they don’t indicate the reasons that they may do such a thing. They don’t stipulate anything crypto-related, so it seems bullish against the industry as a whole.
Status posted their concerns on their own third-party blog:
“We worry that the seemingly arbitrary decision to suspend our blog is a sign of a troubling trend. We’re concerned about the creeping censorship around cryptocurrencies. We want our society to be freer for everyone. We believe the forces of censorship and centralization often are closely bound and we worry when we see the power to freely express ourselves so arbitrarily limited.”