An awkward and surprising article from The Economist where they simultaneously insult bitcoin and conclude it’s hard to kill and real.
1163 sats \ 0 replies \ @south_korea_ln 25 Dec 2023
Amazing article, love it.
The writer is probably pro-bitcoin and thought "how can I get the people who religiously dislike Bitcoin to read an article about the benefits of Bitcoin?"
Genius.
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1748 sats \ 1 reply \ @siggy47 25 Dec 2023
Someone posted this last week and I made the same comment. I used to read the economist a long, long time ago. Good writing and often funny. It went off the rails about 20 years ago. I was shocked when I read this. They have been so negative towards bitcoin that I think it's a real MSM turning point. I guess that's a good thing, but maybe not. I hope it's not an acknowledgement that bitcoin is about to be coopted and hypothecated by the big boys.
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6 sats \ 0 replies \ @sancristrader 25 Dec 2023
Main Stream Media went off the rails when it became online ads supported. Most censorship comes come from the online ad agencies that pick what content they want to be associated with. This industry is gay and female dominated, the two censorship-happy anti-free speech groups. Print advertising was more primitive, with a more direct relationship between the publisher and the end advertiser .
This is why I am such fun of SN
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588 sats \ 0 replies \ @duuv 25 Dec 2023
Unfortunately the author is referring to crypto a lot with regards to resilience and that it can't go bankrupt or shutdown, which actually counts for Bitcoin.
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500 sats \ 0 replies \ @BitByBit21 25 Dec 2023
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351 sats \ 0 replies \ @chairman_pretense 25 Dec 2023
This is the big realization that is starting to land. There can only be so many "deaths" of Bitcoin before people wake up to the fact it's not going anywhere.
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260 sats \ 0 replies \ @phatom 25 Dec 2023
This is an interesting article, I can liken most crypto to the cockroach analogy given in the introduction
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121 sats \ 0 replies \ @bitcointerest 25 Dec 2023
I've stopped reading articles from these wishy washy news outlets. All of them have lost their credibility.
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10 sats \ 0 replies \ @xz 25 Dec 2023
Yea? I bet more than half the world views Jamie Dimon as an unwelcome guest.
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0 sats \ 0 replies \ @Coinosphere 26 Dec 2023
Wow, the economist published this? I guess that's all the proof anyone needs that Blackrock's entrance into the space was what the mainstream was waiting for to change their opinions.
Can't wait to see how big January's green candle is going to be.
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0 sats \ 0 replies \ @jgbtc 26 Dec 2023
Better headline: Why the Economist got it completely wrong about Bitcoin for the past 15 years
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0 sats \ 1 reply \ @krispy_donkey 26 Dec 2023
nice one, maybe we should make a territory to collect these MSM articles to document this slow but inevitable U turn in their sentiment towards Bitcoin. I expect we will see more of this over 2024 and it will be interesting to see what spins they are going to come up with. Hoping to see a lot of the stuff Daniel Batten covers and the projects like the ones in Malawi mentioned in the recent What Bitcoin Did podcast with Jeff Booth and Alex Gladstein, that's the exciting stuff imo.
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0 sats \ 0 replies \ @elysia 26 Dec 2023
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0 sats \ 1 reply \ @namgiangnet 26 Dec 2023
From the perspective of those new to Bitcoin, they want to discover BTC and want to own as much of it as possible.
From the perspective of whales, they want the financial market to be owned by them. They want to hold as much BTC as possible.
=> BTC price is pushed up to attract new people and attract new whales
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0 sats \ 0 replies \ @elysia 26 Dec 2023
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0 sats \ 1 reply \ @BitcoinIsTheFuture 25 Dec 2023
You can no longer ignore the top performing asset of the last decade plus. Facts are facts and money is money!
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0 sats \ 0 replies \ @elysia 26 Dec 2023
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