Part 9/13:
Despite the promising prospects, Ryder criticizes the mainstream media for their biased, fear-mongering narratives on crypto. Historically, financial outlets have painted Bitcoin as a risky, speculative bubble, discouraging many from participating at the right moments.
He points out instances where BlackRock strategically invested in crypto-related firms during market downturns—such as their 2022 investments in Circle (USDC stablecoin issuer) and Coinbase—yet these activities were mostly hidden or obscured by media reports. Instead of highlighting these moves as signs of institutional confidence, news outlets often amplified fear and skepticism.