Recent developments in crypto, particularly Bitcoin’s price surge, starkly contrast with the continued skeptical and sensationalist coverage by legacy media.
Granted, Bitcoin’s journey in the digital currency landscape has often been tumultuous, marked by significant price fluctuations and evolving public perceptions. However, despite a remarkable 168% increase in value this year, Bitcoin continues to face a barrage of skepticism and negative framing in legacy media reports, except one.
New York Times
The New York Times repeated use of terms like “bet” in describing investments in Bitcoin ETFs subtly casts a speculative shadow over the cryptocurrency.
“A Bitcoin E.T.F. would allow investors who want to bet on the cryptocurrency to buy shares in a fund that holds the cryptocurrency without directly exposing them to the more volatile and chaotic digital asset markets.”
Similarly, the term “digital asset fans” used in the same article carries a slightly pejorative connot
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