Well, it’s apparent that a disinformation campaign is in full swing after Goldman Sachs states yesterday in Forbes that……
Banks rally against cryptocurrencies…
Even Brad Garlington, the CEO of Ripple is getting in on the act.
Now looking at it from face value position, it appears that Mr. Garlington is being reasonable, looking out for the good of society. My read, Ripple is best positioned to be adopted as the cryptocurrency of choice by advocates of regulation. Therefore, he would profit from this position, rather than due to any perceived altruistic motives.
That’s the challenge with disinformation. It’s purpose to create fear, uncertainty, spreading false information deliberately to deceive. To make something, in this case, that is innovative and literally has such potential to change the life of our society, into something that is literally a tool of the….
There is an old saying that I know many of you have heard. Tell a lie long enough, and it becomes the truth. Well, I believe in this case, the attempts at bad mouthing cryptocurrency is an attempt to do the same thing.
There is a positive note to this issue. In the attempts to denigrate cryptocurrencies, those who would wish its demise, only bring more interest from those who earlier may have had no interest at all, or simply not knowledgeable enough to make an informed decision as to it being a viable alternative.
How to counteract this disinformation?
Posting blog posts, videos, communicating with your circle of friends and family. Writing letters to the editors of local newspapers or posting replies in disinformation articles posted by various news outlets online.
Communicating and building trust in the idea that cryptocurrencies are a viable alternative to the current status quo. Not allowing for the division and polarization of those who are advocates of cryptocurrencies from those who are not. Both voices should be heard and respected, but without the banter that only alienates parts of society.
In closing, I had the distinct pleasure of being raised up in the 60’s as a kid. We were taught accountability, responsibility for our actions and respect for others. When we had disagreements, we agreed to disagree. We’ve gotten away from that. Truth is not something to be feared, it is something to be embraced. That is a timeless truth.
