Yesterday, Live Bitcoin News reported that YouTube was taking down several cryptocurrency-related channels and that it was removing several crypto-based videos. Now, the company is reinstituting all the removed content, claiming that the action occurred due to an “error.”

YouTube: Sorry About the Misunderstanding!

This seems somewhat fishy. How does an error like that take place, one that constitutes the removal of literally hundreds of videos? On top of that, how does this error get programmed to ensure only content devoted to cryptocurrency be removed?

It feels as if YouTube may have tried to get away with something and when it didn’t – likely because several people began writing in and questioning the company’s motives – it decided to chalk everything up to an error and say that it all happened by accident.

Nevertheless, Google – the company that owns YouTube – says that these videos and others will be restored. Executives have also apologized for the action taken. They’ve released an official statement which explains:

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.

However, the entire situation feels like a fiasco designed to hide some sort of attempt at full control. For one thing, the error was alleged to have occurred days ago. The company put out its statement saying that crypto and bitcoin-based videos will be restored, though at press time, very little action has been taken in this department.

Many YouTubers have written into the streaming platform to complain that their content is still missing from the main site. One user named Chris Dunn – who has garnered more than 210,000 subscribers over the past ten years and over seven million views – says of YouTube’s behavior:

This is a huge wakeup call, and I’m researching decentralized alternatives.

This would make sense given that bitcoin and other forms of crypto are designed to be decentralized – uncontrolled by a single entity or financial firm. Thus, content and information about these assets should probably be placed on decentralized platforms.

Where Are Our Videos?

Several other YouTubers who are known to create digital currency-related content have written into the site to express their anger over the situation and push for the reinstatement of their videos. One man named Alex Saunders, who founded Nugget’s News, took to Twitter to strike at the streaming site, commenting:

Hi Team YouTube, with over 100 videos removed and two strikes in 24 hours, I have still not even received an email from you. This is scary. We’ve hired new staff. I have a wife and a baby to support. I can’t fix the problem if I don’t know what I’ve done or who to communicate with.

The post Google and YouTube Are Sorry About Taking Down Crypto Content appeared first on Live Bitcoin News.