The number one reason I refused to work in the media, shortly after graduated Journalism, was the amount of crap this fourth largest power in any state is moving around. The media is guilty for this shitty pandemic and the fear spread among people, for spreading FUD in the crypto markets and promoting non values on TV.
Crypto media outlets are no different than the mainstream ones. Although being part of a revolution like probably never seen in our history. These outlets would rather stay on the line of consumerism, selling crap, rather than be objective and true with the industry.
The Bitcoin energy consumption affecting the environment narrative is total crap, let that be clear.
The recent FUD regarding Elon Musk's shit in this regard has gained a lot of attention lately, hence Blockchain News, which I'm not going to tag here because they're full of shit, have managed to fueled the FUD. At least they tried... Their Mervyn Kwan, some bozo who's probably learned Journalism three weeks ago on Youtube has dedicated a short article to some EV company that I have never heard of and their ban on Bitcoin.
According to Mervyn Kwan seems that Fisker Electric Vehicle Startup Bans Bitcoin Investment. "A start-up electric vehicle company Fisker Inc. (NYSE: FSR) announced Monday that the company will not accept Bitcoin (BTC) as an investment due to environmental impacts caused by Bitcoin mining." Rookie question from my side: how much Bitcoin did they accept so far if they got to the point of banning it as an investment?
I tell you how much: ZERO. This company hasn't even launched their EV, being a startup as the title of the cheap report says. How many EVs has Tesla sold for Bitcoin? Probably the same as Fisker. Tesla has at least invested some of its cash into Bitcoin, most of it still HODLed till date, while Fisker is a nullity for crypto. They have ZERO involvement, so why are they even asked about their take on Bitcoin?
Because scandals, FUD, panic and fear sell. And the crappy Blockchain News media outlet has thought it would be good for them to pour a bit of gas on the fire. Guess what, Blockchain News, you're news is as relevant in this industry as Fisker is for Bitcoin. The smoke from this media outlet regarding the recent Bitcoin FUD is tasteless and odorless. Same as their impact in this space.
I honestly had higher expectations from crypto media outlets. It's crystal clear for me that traditional mass media is nothing more but a propaganda and mass influence tool, but looks like crypto outlets are following suit. Instead of dedicating time on promoting good blockchain projects and putting out a hand for the mass adoption of this technology they'd rather pour cheap gas on an already tampering fire...
LAME. I blocked Elon Musk on twitter for spreading nonsense among his followers and acting as a clown and will for sure do the same with this media outlet. Such characters are not welcomed in the crypto community. I'm not falling for their attempts of manipulation and rather dedicate my time and energy contributing to the industry and consuming relevant content than to waste any of my time on such crap.
You know what, Bitcoin doesn't give a fuck about Tesla or Fisker. It's in a bull market, liquidity has been draining since halving, still no.1 crypto by market cap and nothing can change that. Time to get on some more positive vibes now, but I had to write this down. I will comment with a link of this post on the tweeter account of Bockchain News. Maybe they'll throw a glance at Leofinance.io and start educating themselves on crypto.
Thanks for attention,
Adrian