Topic: Bitcoin being branded as a 'Meme' by Mainstream Media Manipulators - page 2. (Read 262 times)

They don't need to ban Bitcoin software, they can just close Bitcoin exchange, prohibit institutions from owning it, don't allow companies to accept it as payment, and it would be enough to ensure that there will be no mass adoption and that Bitcoin will be just a currency for "nerds".

So, it really makes no sense to develop some complicated plots to combat Bitcoin if they can stop if with flicks of their fingers. But because now we have big companies invested in BTC, the governments wouldn't want to antagonize them, so the chance of ban grows smaller and smaller.

Psychological warfare using memes, it doesn't matter because with the younger generation taking part in the growth of bitcoin, they will be more aggressive in fighting back and of course their souls who still have high morale will be able to overcome the attacks of the launched institutional piahk. We all know that the current generation is easy to turn things around, didn't the aggression that stopped the Nazis stem from the dislike that was spearheaded by young people. especially in the era of highly sophisticated grobalization. I am sure they will be able to handle it.
Thank you Elon, for bringing the younger generation in and contributing to the growth of the cryptocurrency industry.

While there's always a possibility, I don't necessarily think mainstream media are implying that Bitcoin is a meme for their own agenda. I think it's simply the fact that most of them are just completely ignorant.

With that said, let's be honest though— there's a teeny tiny bit of truth into it. Bitcoin communities are literally meme-ing Bitcoin into global adoption, mostly through platforms like Twitter and Reddit. Also taking note that something that is being memed doesn't necessarily mean it's BS or useless. Meme-ing things to relevancy is just something in the handbook of retail investors(and the masses in general); in contrast to institutions and companies whereas almost everything is taken too seriously.

It would be interesting how many of these teens and early 20s are actually buying a portion of BTC but I don't think they have the numbers to reverse this bullrun since institutions and platforms like Paypal or Visa are still the main market drivers.

Here's an interesting article which suggests that youngsters are generally into "technologically-based investments" like bitcoin https://www.marketwatch.com/story/overconfidence-why-its-mostly-men-under-30-trading-bitcoin-11612473601 It's not just memes.

They are free to conceptualise this technology whatever they want; a meme, entertainment, something promising or simply anything. Anything which is gaining popularity will earn the same thing. Some will make fun of Bitcoin simply because they do not know what it really is. Same thing happened before when the market price was still low. Many people laughed on the idea of the market price of cryptos that it will increase in the future. And look at them now, seeing how high the market price reached for a short period of time. Regrets are evident to some and that simply proves how things can turn around because of the thing called potential.

CNBC, Fox, Sky News, BBC and the lot are branding Bitcoin as a Meme  

Central Banks & Government know that banning Bitcoin is Futile and waste of time so they are targeting Bitcoin at a different sinister angle.

That angle is Psychological Warfare that has been proved very effective against the masses from Hitler's Nazi Propaganda program till this day.

They know bitcoin is a new technology where youngsters and the young generations will relate to it more than over Gold/Silver that is seen to be now out of date, old fashioned investments for old grumpy men, not cool right.

Now they giving technology a cool trend meme image. Elon Musk has gained a lot of trend from youngsters because of Dogecoin and he's got a lot of young followers now.


However...


But as we all know with meme's, trends it becomes like clothing fashion where its not cool to wear it anymore and youngsters will ditch it and this can quickly reverse a btc bull bull market into a really long term bear market where the market cycle fundamentals has been forever changed according to the traditional finance rule books and markets can come back into a bull trend where its cool and trendy again like a meme not on fundamentals anymore.

What's your thoughts on this where psychological market manipulation is possible?

WSB WallStreetBets is a classic example where youngsters on Robinhood see stock symbols as memes not on fundamentals. One day Gamestop GME wont be cool anymore.