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Topic: [2019-11-12] Bitcoin Presented as ‘First Successful Application of Blockchain’ - page 2. (Read 325 times)

sr. member
Activity: 868
Merit: 252
they begin to develop things that distract from their previous arguments, in marketing theory there are also things to change attitudes corrective through reverse educational propaganda. So they did try to form an anomaly to absorb assumptions from what they developed towards the blockchain industry, including exposing bitcoin objectively on an ongoing basis.
hero member
Activity: 1008
Merit: 531
I gotta admit, when I skimmed this post and saw the word Xinhua, I was 99 percent certain that it was going to be an article shitting on the aspects of decentralization and Bitcoin. This is confusing...

I agree with you, not sure why this newspaper agency is praising bitcoin as a success, even though, it definitely is.

Could this be directed to them via the Chinese government? Maybe they want to do a 180 on their approach with bitcoin and involve it in the new economy they are building?
legendary
Activity: 3010
Merit: 1460
What is good for bitcoin is also good for the whole cryptospace. I am happy to see that bitcoin is recognized by Xihua press as a success.

However, the skeptical me is asking what is the government controlled news agency's agenda for reporting this? Why today? The Chinese authorities have always been against bitcoin.


Image from coinroro

Chinese state news agency Xinhua has published a front-page article on bitcoin, the flagship cryptocurrency, presenting it as blockchain technology’s first successful application.

In its article, Xinhua details how bitcoin works and goes in-depth into how public and private keys differ, how new cryptocurrency enters the market, and even touches the halving event. Xinhua points out BTC has a pseudo-anonymous nature, but falsely claims it main use case are darknet market transactions.


Read in full https://www.cryptoglobe.com/latest/2019/11/bitcoin-presented-as-first-successful-application-of-blockchain-to-1-4-billion-people/
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