Thoughts on the Bitcoin mainstream media narrative

in LeoFinance3 years ago

Thoughts on the Bitcoin mainstream media narrative.




The Bitcoin mainstream media narrative is that regular people are incapable of assuming responsibility for their own finances.

I'm a huge fan of the 'view full coverage' button on Google News.

This brings up a list of all the different variations of the same story, each written from different angles.

In a society as politically divided as ours, it would certainly help if more people took this approach when digesting the news.

I try to read different viewpoints of news stories I follow, so as to not get stuck in a single way of thinking and this feature of Google News is excellent.

Man reading the Bitcoin mainstream media narrative from the paper.

The Bitcoin mainstream narrative is always the same

Surely I’m not the only one annoyed that the narrative spun by mainstream media on Bitcoin always assumes we’re stupid?

Today I found myself reading a Guardian story on how China views Bitcoin.

Not my normal go-to news organisation but as I said above, reading multiple viewpoints helps you form an informed opinion.

This quote from the article quickly grabbed my attention:

“In many countries it is completely unregulated – it is the absolute wild west,” says Prof Murawski, who also pointed out that there might not be the usual legal avenues to pursue if people thought they had been defrauded.

“So that’s another reason to control cryptos: to protect the consumer. Uninformed investors could lose a huge amount of money.”

Isn't it ironic that an article bagging the authoritarian approach of the CCP, also has quotes from a Western 'academic' that ultimately agrees with them?

It’s always the same narrative being pushed.

That regular people need the friendly government to help them not lose money.

Personal responsibility should be a positive

I just find it really interesting that having the ability to assume personal responsibility for your finances/data/whatever else, is somehow portrayed as a negative by the mainstream.

It shows how much of a bubble the online crypto community lives within and is something even further exaggerated on Hive.

Within our community, we have a view that the ability to assume responsibility is a positive and something that should be embraced.

Our keys, our crypto and all that.

I'm obviously in this camp and see the autonomous freedoms gained from taking personal responsibility, far outweighing Bitcoin's volatility associated risk.

It just seems like the common-sense view to me.

But this viewpoint of Bitcoin is never mentioned as part of the mainstream media narrative.

Put people in a position to succeed

Right now people are being set up for failure.

Sheltered by governments and regulators who are happy for this to happen as it furthers their agenda of maintaining control.

Instead, people should be encouraged to learn about Bitcoin and the responsibilities that come with cryptocurrency.

I wonder if or when the BItcoin mainstream media narrative will change to reflect this.

Best of probabilities to you.




Direct from the desk of Dane Williams.

Why not leave a comment and share your thoughts on the Bitcoin mainstream media narrative within the comments section below? All comments that add something to the discussion will be upvoted.

This Bitcoin blog is exclusive to leofinance.io.

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Yea the mainstream narrative are all weird. I know that there is a lot of personal responsibility needed in crypto given all the tokens being spun up and becoming scams. People need to start understanding that they need to start doing their own research.

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Of course there are risks associated with taking responsibility for your own personal finances via Bitcoin.

But millions of people around the world would argue that there are also risks associated with trusting governments within the fiat system too.

Why are people just happy to submit and blindly follow the narrative essentially calling us all stupid and in need of a government-white-knight?

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The reason why is because people are dumb and they are adverse to change. Its been engrained into their heads to believe the news networks but I think people are starting to notice that blindly following them isn't good.

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Isn't it strange how everyone is worried about regulating bitcoin, which has been going up in value for a decade, but no one is talking about all the rampant fraud in regulated penny stocks?

Not even penny stocks, just the stock market in general.

But as we see, stocks only go up.

And nobody wants to rock that boat because our 'retirement' is recklessly overexposed to that market.

Nice little scam they've got running here, right?

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