Mainstream Media News

Mainstream media refers to the various large mass news media that influence a huge number of people, and both reflect and shape prevailing currents of thought. In general, mainstream media outlets have been negative about cryptocurrencies and especially Bitcoin, focusing on their association with crime, their use of natural resources, and their volatility in price. Many show a profound misunderstanding of the purpose of cryptocurrencies and the changing nature of their use, choosing instead to liken them to Ponzi schemes and a 21st century gold rush. It is hoped hat adoption of cryptocurrencies will help to sway the opinion of mainstream media, and therefore the public as a whole.