This is just another example how people are totaly misinterpreting information. They see and hear what they want to see, taking into account only what they want and not what is realy the fact.
Facebook and other social media are not banning crypto and they don't have nothing against it but they are trying to protect the users from so many fraudulent advertising, moving the responsibility out of them. And cryptocurrencies are not any kind of competition to social media, don't know how some have gotten that conclusion.
It would be realy great if people would finaly start to use the brain.

As far as I know Facebook and google are not into banning cryptocurrency. They are just trying to avoid scams, fraud advertisement which I think is good because this will prevent people from being scam. Nowadays, scammers use social media to scam people because it is more easy to approach people that way. That is why many people are being scam with a fraud advertisement. This is I think is a good move for facebook and google.

Bounty is safe indeed, but lending is not so safe. It's not that hard to get scammed there if you are not careful. Also even if you had altcoins as collateral it could just lose value in an instant. So you can't say those are safe

I do not think that they are afraid of the competition of companies and products developed on blockchain technology. They banned the advertising of ICO because there is a lot of scam among the companies and this market is not regulated.

If they do like that then it is possible that we get the advertisements of crypto again on there. But I do not think that they will have a well disciplinary system like that which caused them to stop the complete industry.
This action of them are showing all of those industries as numb industries which cannot handle to find the scam and legit ads to their platform.

Well I have never hear any of this news so as well as i think it is all fake news and bitcoin will never be ban at any cost, I can see still people are using their social media accounts for bitcoin advertisement and I can see a lot of google websites where we can get all positive informative stuff related to bitcoin so such fake news come and go no need to listen or trust anyone.

The policy of Facebook prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices". In their opinion, cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. However, there are many scams in other industries which are not and will never be banned

Facebook, Google and I think Twitter also are not completely banning cryptocurrency, they have decided to stop the ads of ICO which may be harmful for the audience and personally you also can't blame these companies as due to the recent attraction of people towards Bitcoin many people have started fake ICO's in order to grab and run with people's money. Recently, many ads shown by these platform about ICO failed at market very badly due to which a majority of the investors suffered. The idea of banning ads is taken into practice to safe there costumers from falling into fake Ponzi schemes.

I don't like that the cryptocurrency is banned. I believe that the more people know about the coin the more expensive it is.