What about the ads?

I mentioned in my disclosure statement that it’s safe to assume that I am likely to gain financially should you choose to purchase any products or register for any services I recommend by clicking through the hyperlinks within an article or in the sidebar.

But what about the ads on the top of each page?  Those are a different story.  If you are a website owner such as myself, there is this nifty little advertising service called Coin URL which allows you to place a little snippet of code on your site.  That snippet of code links back to an advertisement.  When one of your visitors clicks on an advertisement, you get a small amount of Bitcoin deposited to your Coin URL account.  If you want to promote your product, you can of course also purchase ad space on the Coin URL network and then you get to pay people to click on your ads.

What this means practically is that the banner ads you see on this website are third party ads and I have very little control over which ads will show up.  I chose to exclude gambling ads when I registered as I’m not comfortable with promoting gambling.  But the challenge there is that at this time the vast majority of the businesses who advertise in the networks where people can earn bitcoin by viewing ads are gambling websites.  Gambling is apparently very popular in the Bitcoin community.

So the ads you see are not necessarily about products I would endorse.  The only revenue I get from any of them is from people clicking on them.  Feel free to click on an ad if you are interested in learning more, but don’t do so for any other reason.  And if the ad happens to be for a gambling site, may I kindly suggest that surely, you can find better ways to spend your Bitcoins.  And better ways to get more.

The high popularity of gambling and X-rated enterprises (something I also selected to exclude) is actually in my opinion one of the not so good aspects of the emerging cryptocurrency world.  Call it the underbelly if you will. Given the way we’ve little by little given up way too much of our privacy in the mainstream economy, there’s a lot to love about the ability to send and receive payments anonymously and with no red tape.  But… that anonymity is also attractive to people looking to make a profit in industries which are generally frowned upon by society.

As more and more people get interested and excited about cryptocurrencies, we’ll sort all that out.  In the mean time, you’re going to see a lot of gambling ads.

When I make my visits on BitVisitor, it seems that at least half of the sites are for various gambling activities.  The other half is a string of get rich quick “opportunities” with the gorgeous beach stock photos.  Every so often, there’s a truly interesting site about what I would consider to be an actual product.  For example yesterday I saw a website called Bit Munchies which had a few initial offerings of snack food and beverages such as potato chips and energy drinks.  When I went back today to check it out again (without being paid), I saw that they have greatly expanded their product line.  It appears to be the beginnings of a site where you can buy some of your groceries and household products with Bitcoin.  Perhaps one day you’ll see their Coin URL ad on my website.

Regardless of who pays for the advertisements on BitVisitor or any of those other sites where I can earn Bitcoin just for being exposed to them, the BTC I earn is pretty much all going to fund my new hobby, which is to buy and sell securities on the CryptoStocks and BTCT exchanges.

Now you can consider yourself to be fully informed about the text and banner advertisements you see on this website.

Read What about the ads? on the Devtome!

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