CBS '60 Minutes' 5/19/19 on Bitcoin. Will it cause FOMO or FUD? (Take the Poll!)

[kenzawak]

Hard to summarize Bitcoin in 13 minutes but they tried and did a decent job even though it was mostly about Charlie Shrem's story.
At least, there was no FUD and the ending says it all "it's a 50/50 chance that it will succeed".

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[pushups44]

Here is a link to the CBS 60 Minutes piece of 5/19/19.


https://www.cbsnews.com/news/bitcoins-wild-ride-60-minutes-2019-05-19/


My view on this is posted in the thread below. Make your own conclusions in regards to the poll. (Take the Poll)

later

Brad

Thank you. I watched the program and I can say it was impressively done and neither pro- nor anti-bitcoin. It simply covers the rise of the cryptocurrency into a multi-billion dollar industry along with the struggles of early entrepreneurs such as Charlie Shrem, as well as its hyper-volatility. It leaves open the possibility that cryptocurrencies may transform the world just as the internet did.

[pushups44]

Hard to summarize Bitcoin in 13 minutes but they tried and did a decent job even though it was mostly about Charlie Shrem's story.
At least, there was no FUD and the ending says it all "it's a 50/50 chance that it will succeed".

Yes, Neha Narula of the MIT Digital Currency Initiative did a fantastic job explaining cryptocurrency to Anderson Cooper and the audience. Her insights definitely made this clip a must-see for those who wonder where this industry is heading. It's nice to finally see one of the main academic figures working to advance the technology.

[ApocalypseNow]

Wow! I really loved that show when I was still watching TV! I think they won't be biased and will show the two faces of how people use bitcoin. I'm going to save it on my notes to watch the full segment. That exposure is guaranteed fomo for many people who watched the show when we see btc 20k$ again.

[Searing]

What is the most important thing here is that bitcoin is now truly being talked about in the popular mainstream media and reality speaking we could not expect these people who are into cryptocurrency to fully grasp the whole beast. As they say, even negative press mention can still be turned into a positive one because you are on the buzz. I am sure that there will be some people who will research for more details on bitcoin because of that broadcast. Somehow this can create some FOMO but we should not think that a single program time allocation can create a tide for bitcoin there is no way for that to happen.

Some pieces say it is POSITIVE for Bitcoin..go figure...I think it was 'meh' also...but anything from the mainstream that does not come right out and bash BTC or crypto

is probably a good thing.

The piece was so bland IMHO, that it did not hurt nor help btc in anyway...

here is a another view

https://coinfomania.com/60-minutes-bitcoin-was-a-positive-exposure/

[Artemis3]

Well, CBS on '60 Minutes' Tonite will have a segment on Bitcoin.
What do you think? Either before you watched or after you watched or just guessing. Take the Poll.
Will the result of this cause FOMO? (Balanced reporting IMHO on Bitcoin?)

or

Will it cause FUD? (Unbalanced reporting IMHO on Bitcoin?)
Take the Poll on here.
Chump or Champ, we are always the 'first' to know! Ack!

Here is the actual source:

Bitcoin's wild ride
Anderson Cooper reports on how bitcoin was started, where it may go and some of the people who have ridden the cryptocurrency roller coaster over the last 10 years

Watch it, its good. No wonder the price is rebounding up...



Laszlo (Pizza man) achieving world fame (again) by getting interviewed in CBS 60 minutes world famous show.

This was good coverage, it think it was quite accurate. Worth watching and sharing for those that still don't get it. Genesis mining got a little free advertising, but thankfully no one mentioned their core business (cloud mining).

Oh and my country got mentioned too, because, reasons...

[squatter]

So I guess I should have voted for Neither in the poll, not FOMO...it was kinda meh...for whoever watches it IMHO.

It did not do anything good or bad toward Bitcoin's Reputation...It simply did what we all do/know when talking with newbs about BTC, so 60 minutes  got BTC

Any coverage is good coverage, especially if it's not intentional misinformation and debunking. 60 Minutes is huge among the mainstream middle-aged crowd. That kind of coverage combined with the recent rally will expose lots of regular folks to Bitcoin. Some of them will look further into it, or will be asking their children to invest for them.

[1Referee]

The piece was so bland IMHO, that it did not hurt nor help btc in anyway...

Seasoned Bitcoiners are pretty demanding, therefore consider most news coverage and/or documentary fragments to be bland or non information, but for average joes this is completely different. Everything related to Bitcoin is new and exciting, and I'm certain that this documentary or whatever you want to call it will do good and even motivate people.

The first time I heard about Bitcoin was through a documentary and I can remember that I got pretty pumped after watching it. If even a slight percentage of the viewers of CBS's 60 minutes end up digging into Bitcoin, that's a massive plus. It means more adoption than we had before the documentary, which we can't complain about, right? 

[Ailmand]

It doesn't matter if it's Fomo or Fud. They just want to be on the mainstream and make sound because Bitcoin's current price is in the mainstream as well. What I observed is they lack an explanation so it became pointless for me. I guess their main goal was just to promote and to advertise.

[rdbase]

But not exposure is good for bitcoin when it comes in trying to appease the general publics expectations of what they want from buying and using it.
This is the problem with these large corporate shows covering stories about it. They do it on their terms and alot of editing of interviews can make it out to what they want the viewers to see.