Consumer goods giant Unilever is preparing to cease continuing to spend bleeding marketing dollars on advertisements through Facebook, Google, and other online platforms. Unilever Chief Marketing Officer Keith Weed is offering:
"As one of the largest advertisers in the world, we cannot have an environment where our consumers don’t trust what they see online."
"And we cannot continue to prop up a digital supply chain – one that delivers over a quarter of our advertising to our consumers – which at times is little better than a swamp in terms of its transparency"
Mainstream propagandists are interpreting this as a call for "social responsibility" on Unilever's part, but the point appears to be that Unilever can't count on Facebook and Google to deliver a return on their portion of the marketing budget.
Mayogendered money-man Agustín Carstens, general manager of the Bank for International Settlement, is calling Bitcoin “a combination of a bubble, a Ponzi scheme and an environmental disaster” and urges banks and regulators to "clamp down" on Bitcoin and other "cryptocurrencies" to prevent them from becoming a “threat to financial stability”. He further stated that
"If the only ‘business case’ is use for illicit or illegal transactions, central banks cannot allow such tokens to rely on much of the same institutional infrastructure that serves the overall financial system and freeload on the trust that it provides." — A homo sapien operating at a profound calorie surplus for a very long time
Pretend Bitcoin service and exchange Conbase has already blazed the path for such sentiments, charging "customers" nearly 10% of their BTC value in fees and interest per transaction. On Monday, Lloyds bank of Britain also followed suit, banning the use of credit cards to buy Bitcoin and “cryptocurrencies”, their reasoning being that customers will be unable to repay their debts due to the volatile nature of pricing.