Why Media is negative about Bitcoin?

[biksa]

Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?

Most often, the media are under control of government, and it is not beneficial for government that people earn money from cryptocurrency, from this earnings the treasury doesn't receive any pluses in the form of taxes. So it is logical to conclude that government through the media does this to ensure that as few people as possible invest in the crypto market and become financially independent of the system.

[manismanja]

many media are giving bad news and giving negative information about bitcoin because I think they aim to destroy bitcoin prices and knock down bitcoin prices, they attack new panicked players.

[Pendularin]

Yes it is true and I also see it all and it is really true that the media often carry negative news about bitcoin without them understanding the true bitcoin and cryptocurrency, this is very bad.

Media seems to come out that bitcoin is a negative way of investing money . They says that bitcoin doesnt pay taxes at all ad media collaborates by the government to make bitcoin still illegal.

[pat4cryptoreal]

Most media houses are own by the government and the private media houses want to work in favour of the government in order to secure their existence. They tend to magnify the bad news about bitcoin. Do not blame them.

[Searing]

Controversy sells papers or eyeballs to your website

1 week Forbes prints an article "bitcoin doomed"

2 week Forbes prints an article " bitcoin to the moon"

(titles above fictional)

you, with both sides of the viewpoint on Bitcoin as a new store of value, say, or a scam..get lots and lots of folks to read your nice Forbes articles

rinse/wash/repeat

the more volatility..the more so also in the press

but negative sells better IMHO, due to more folk WITHOUT any crypto that would love to see it crash and burn till those who have crypto

notice they don't say the stock market will fail EVERY DAY anyway...

anyway, my view

brad

[Angna27]

Maybe becuase they thought or consider it as scum... they recieve a wrong infor or impression about it that's why and they also thought that bitcoin will becom a threat to governament and banks,  they haven't experienced it yet and all they were afraid to try

[131tc01n]

all the media more direct people to be more careful in doing invesatasi on bitcoin. maybe the media's view of bitcoin is negative then. as if that every investor would be deceived by bitcoin.

[Paul karet]

Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?

[buiduc]

In my view the media view bitcoins as online ponzi scheme so they always dwell negativity of it rather than educate the masses on the use of bitcoins for efficient transanctions and for investment.

[kasemin]

Yes it is very difficult to understand why media is so close to Bitcoin. But there are things like this many user bounty programs, including gift programs, ads, forum sites, and social sharing programs are very much contributed.it is true that the media often carry negative news about Bitcoin without them understanding Bitcoin and true cryptocurrency, this is very.

[gabmen]

all the media more direct people to be more careful in doing invesatasi on bitcoin. maybe the media's view of bitcoin is negative then. as if that every investor would be deceived by bitcoin.

Well you can't disclose the fact that a lot tend to lean more on the negative side of bitcoin. A lot of these media corporations are backed by banks and government inatitutions that would suffer if crypto would flourish. That's it's a good thing that we have social media platforms nowadays so we won't have to rely on mainstream media.

[Powerpuff]

Majority of the media is controlled by the same powers that control the western central banking system. Bitcoin being a finite, decentralized, transparent system is inherently against the current centralized private banking regime. As such, there are countless articles that cast negativity on Bitcoin, but fail to make any strong arguments. These articles are propaganda at best. It is crucial to read critically during these times.

[Oppang Inamo]

I think somehow they are controlled by someone who really hates bitcoin that much. Or they are controlled by the goverment which was also known for not accepting bitcoin. Many people these days are getting drived out to what they hear or read from any sources even if it is not credible. Media is really a big threat to bitcoin with their behavior right know since it really reaches a lot of people nowadays because of the accessibility of their mediums.

[aljun107]

Because they are controlled to what they are reporting. Im not saying that all of them but really, most of them are being controlled by the goverment which is also known as the number one hater of bitcoin.

[Paul karet]

Well bitcoins have a great value than our fiat money.  As u may know many people are here earning much as they want and do not pay taxes ..so other countries have they own law about this but the are not so  .maybe there other countries have objection or not favor of the process of blockchain and they spread bad news and fuds also.

[Faithgg]

The reason why most of the media start to warn everyone not purchase or invest in bitcoin is that government want to protect investment. If we can prove that bitcoin investment is not a cheating channel, people will believe. In addition, information provided by the government, the media is also provided by users.

[hulla]

Well, the answer is simple because we both know that there are some group or organization which are not happy about bitcoin because it affect their business(the banker) in one way or other. Besides, most of the rich dude(JP Morgan) don't like the fact that the common are now financial free through the means of bitcoin.

[Vertex_ICO]

The people who are putting out negative media are those who feel their businesses will suffer if bitcoin succeeds.

[Exte]

Would not say that they write negative news, the media always looks at the popularity of the news. If there is a project scam, they will write something in the negative. If there is news that the government is considering simplifying taxation for the holders of the crypto currency, they will write positive news.

[Luizrosevelt]

Most mainstream media have a natural history of propaganda and manipulation by the elites to get a targeted outcome. Government no doubt abhors anything that threatens status quo and the underlying power to keep the people under check. Since these media companies are owned by the elites, I'm persuaded that most of their judgments are jaundiced and completely misleading.