Why Did Facebook Ban Bitcoin?

This week Facebook announced they will be banning all ads for anything related to bitcoin, crypto, ICOs.
Why did they do this? Some say that Facebook has ulterior motives. I chat to tech journalist Josh Peterson about what he thinks.

Josh Peterson is a writer and a tech journalist living in Denver, CO. He is a 2016-2017 Robert Novak Journalism Program Fellow for The Fund for American Studies, studying the impact of artificial intelligence on democracy. He is also an advisor to PassageX, a blockchain startup tackling the secondary event ticket market, and the founder and publisher of The Coin Dispatch, a news and opinion site covering cryptocurrencies, blockchain, and artificial intelligence.

https://coindispatch.net
https://steemit.com/@joshpeterson
https://twitter.com/jdpeterson
https://passagex.com

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Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
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Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.