what else is new? reading the article it is not exactly calling bitcoin scam, it even starts with "bitcoin itself is not scam". but continues to make it look like shit! the author of the article, Jay Adkisson, is either the least educated person in the world or purposefully tries to undermine the technology. i can write an article saying Dollar is a scam because it is a piece of paper and compare it with coins made of gold and say because gold has intrinsic value, dollar is a big scam. that is exactly what he did there. he doesn't understand how the cryptography of bitcoin works and how the amounts in circulation are all accounted for. and compares it with random numbers!
We have to understand that we are not anymore in the honeymoon stage as far as the mainstream media is concerned. In the many months that the media discovered Bitcoin you would expect many praises and positive news and opinions but as time goes on when the media started to scrutinize the nooks and crannies of Bitcoin they will start to focused on negativity surrounding the topic. This is actually a cycle with the media. This is akin to the love and hate relationship other politicians have with the media.
We also have to pinpoint out that the mainstream media is never the best source of opinions, ideas and anything in between for Bitcoin as they really don't know anything about it and whatever knowledge they have can be based on what they hear from other people who have similar dislike for Bitcoin. The only thing that can silence these critics if if Bitcoin will still be here maybe five years from now and still having a good value on its own.
very true.
but there is also a big difference between having an opinion about bitcoin and its future or in general about cryptocurrencies and publishing something about basics of bitcoin without understanding them first.
i mean we are not talking about some small time website or news agency, Forbes is a big place and you would expect the journalists to at least put a little effort into doing a research before writing something! even if it is misinformation, lies, or even FUD!
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