Mainstream Media Admits Bitcoin Stronger Than U.S. Dollar in 2015
The illusion of the U.S. Dollar’s intrepid strength is a false indicator that the American media has been trumpeting since late 2013. It is an indication of its value relative to other fiat currencies like the Euro and Japanese Yen. Kind of like a battle for which debt-based bearer bond is the best at losing value the slowest. Well, CNBC has published an admission piece on how Bitcoin’s dollar price shames the world’s reserve currency in a battle of relative strength for 2015. Eric Rosenbaum’s article has an odd post-mortum twinge to it, starting off with “The U.S. dollar has had a nice....
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Bitcoin and the media have not always been on the best of terms. For one thing, mainstream media of the digital currency has not always been plentiful, and when the media does make time for bitcoin, it can sometimes be distorted or off the mark, or just plain short. Furthermore, the idea that bitcoin is completely anonymous and untraceable and therefore continually used in crime syndicates is also allegedly attributed to the media constantly spreading the word so, but the anonymity behind bitcoin is not entirely factual. Blockchain transactions can be traced (Ross Ulbricht and the Silk....
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Whenever I need a laugh, I read a mainstream publication's assessment of Bitcoin, from the outside looking in. Many are merely mouthpieces, printed microphones for the current ruling global elite. They tell the masses what to believe, give them ten percent of the story, from the current ruler's purview, and then call it a day. Television, print media, cable, it's all the same. And that's why ad revenue, viewership, and circulations are dropping in mainstream media worldwide. The smart investment for your media time is online, alternative media, like CCN, for example. Things here will....
Even though mainstream media outlets earn good money by spreading the news to the general population, not all of their news is based on research, facts, or truths. After all, negative news will sell more papers or online subscriptions whereas positive news is read once and then forgotten about. Mainstream media has never been keen on Bitcoin and digital currency unless they were able to spread misconceptions or create negative press that was based on speculation. The popular digital currency has seen various iterations of attacks by mainstream media throughout the years, but journalists....