YouTube cryptocurrency videos were deleted by the Google-owned platform this week. YouTubers received notifications earlier this week. They were informed that their videos violated the terms of service of the platform.
The change seemed to hit smaller outlets and websites concentrating on material from Bitcoin and cryptocurrencies. Since then, the video-sharing site owned by Google has apologised for the mistake. After many well-established channels claimed that YouTube ignored their complaints, video makers initially took to Twitter to share their frustration.
According to a YouTube spokesperson,
“With the massive volume of videos on our site, sometimes we make the wrong call. When it’s brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the content,”
Similar statements have been issued by YouTube in the past, following inadvertent video purges.
YouTube’s terms of services reads,
“YouTube may terminate your access, or your Google account’s access to all or part of the Service if YouTube believes, in its sole discretion, that provision of the Service to you is no longer commercially viable,”
Despite the release of the statement by the YouTube spokesperson, worries persist over YouTube’s treatment of cryptocurrency content.
Channel owners with cryptocurrency on the platform have interpreted the recent events as a cause for significant concern, with some considering closing their accounts on the platform.
Paul Graham says,
“Think twice about building a business on a platform some other company controls. The more popular the platform is, the less compunction they’ll feel about crushing you.”
Several YouTubers continue to complain that their deleted videos remain innacesible. Cryptocurrency influencer and YouTube channel owner, Chris Dunn says the purge got worse since he successfully appealed his deletions. He wants to leave YouTube. He has made a goodbye video.