BILL GATES & BITCOIN – WHAT IS ACTUALLY BEING SAID

When prominent people speak their mind, the media has a feeding frenzy. Sometimes this ‘acting without thinking’ will misrepresent the facts. As a result of these quick actions to get the news out as quickly as the competition, these ‘writers’ make mistakes.
Like myself and others pointed out that this kind of misrepresentation does not put the crypto news sites in a good spotlight. It is frowned upon and is considered amateurish. No wonder that most big businesses, Venture Capitalists and politicians find digital currencies ‘dodgy business’.
As journalist, it is your duty to present the news in an as objective way possible. If not it is just tabloid material and does questions the quality of the ‘reporter’ as well as the quality of the news site in general. How can you resolve this? By actually act like a professional and follow courses at university where they teach you how to be ‘ as objective as possible’.
What is being said. The obvious things. ‘Bitcoin is cheap, interesting and convenient (especially when dealing with large numbers)’. Mostly everyone picked that up. However if you have enough money everything is cheap. So what he is actually saying is that Bitcoin does have a lot of fluctuations that investors can pick up on. As such the fluctuations can and will generate the big returns the investors are looking for.

This post was published at Crypto Articles on October 7, 2014.

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