I joined the crypto world in 2017 (March) and since then there hasn’t been one day without reading and (later) writing about cryptocurrencies.
Since I started watching closer the crypto news media, I immediately noticed the mistreatment of Bitcoin Cash.
Most articles had been heavily influenced by the Blockstream narratives and were against Bitcoin Cash. BTC maximalists used all means possible to ban discussions related to Bitcoin Cash from information networks.
I will not even mention the Bitcointalk forum or r/bitcoin. Everybody finds out in minutes they are not serving constructive dialogue and exchange of ideas. These are places full of fanaticism and require dedication and commitment to the BTC maximalist cause. Anything else is mistreated there, not just Bitcoin Cash, although there is excessive hatred spilled towards Bitcoin Cash by these two networks.
Coindesk, Cointelegraph, Decrypt, and most of the rest are deceptive in their reports on Bitcoin Cash and only eagerly exploring news that could damage its reputation (i.e. BCHABC fork).
It seems it is a habit to censor Bitcoin Cash from the crypto-news websites. Perhaps BTC maximalists are still scared of what would happen if they allow the world to know that Bitcoin Cash scales massively.
Moreover, SmartBCH has been the least promoted or discussed side-chain, having absolutely zero references in most of the crypto media. I feel it is quite unreasonable to hide such an important project from the crypto news unless this is deliberate and organized.
Crypto Media Censorship - Excludes Bitcoin Cash News (unless it is negative)
The top example is the SmartBCH sidechain that has released its mainnet a few months ago and the crypto news almost did not even report about it. Just Bitcoin.com and a couple more media have only reported SmartBCH, the rest completely ignore its presence and dynamics.
There is a good reason Wikipedia excludes from its sources any cryptocurrency media. None of them are considered reliable sources of information. All crypto media are biased and rarely report the news without being such.
For this reason, any independent and unbiased analyst doesn't take into consideration anything coming from Coindesk, Cointelegraph, etc.
Let's discover how the established Crypto Media is treating Bitcoin Cash.
CoinDesk
The last time Coindesk mentioned the name Bitcoin Cash was in articles not about Bitcoin Cash, but about trading. And this was back in June and May. This is five months ago and the references are just about charting and technical analysis of price...
It has simply stopped reporting any activity on the Bitcoin Cash network, although I’m not even sure if it ever reported anything else besides propaganda and “bad” news of chain splits with BSV and BCHABC.
However, I recommend watching Roger Ver's interview on Coindesk, which I only found on Ver's YouTube, but not on Coindesk's. (I'm not sure if Coindesk ever published this interview on its YouTube channel).
I would prefer Maxis to watch and try to counter these arguments:
The approach of censorship works for BTC Maximalists since this is the only effective method to counter the Bitcoin Cash side arguments.
CoinTelegraph
This is clearly not journalism but biased opinions, manipulation of public opinion, and apparent censorship of Bitcoin Cash from the news.
SmartBCH has never been mentioned by CoinTelegraph.
Cointelegraph is shadow banning all Bitcoin Cash related information or news. It hides Bitcoin Cash from important news as the AMC announcement which in case this was about serious media reporting stocks, it could even bring lawsuits by stockholders.
The titles are following the logic of excluding Bitcoin Cash.
Decrypt
This website follows the same logic as Coindesk and Cointelegraph and completely ignores Bitcoin Cash news and developments.
It also removes the Bitcoin Cash name from its titles making it obvious there is combined censorship by Crypto media to hide the fact that Bitcoin scales and L2 scaling solutions are just attempting to manipulate the public into centralized financial hubs.
Titles will contain anything else, but not Bitcoin Cash. Under-reporting tactics.
Cryptopanic:
Crypto Panic is a news aggregator service that brings feeds from most news from popular crypto websites and often has some Twitter accounts included.
Yet, in this image, we can see how it excluded news on SmartBCH from Bitcoin.com.
Crypto Panic is also biased and not reliable for the news feeds it provides since it is censoring news on Bitcoin Cash. The proof is the search results that have excluded these Bitcoin.com articles on SmartBCH:
What it did was hide the news from the "Top News" option which is the standard. It does that to reduce visibility since 99.99% of this website, never uses the "All news" option, since this page contains just some tweets that are not interesting at all.
Crypto Panic doesn't receive many feeds on Bitcoin Cash news, however, it is also doing its part to reduce Bitcoin Cash visibility with the approach described above.
Conformity to BTC maximalism
I am being serious that I would have quit crypto years ago unless there hadn't been some cryptocurrencies that I found to be exciting prospects for the future.
I was still a beginner in 2018 when the market crashed, with just half a year of experience. It is not enough for research, especially when working.
I could have also left crypto behind back then as 90% of the newcomers did. I was also confused and misinformed on Bitcoin Cash.
On one hand, I had heard the arguments of Roger Ver (being a major BCH proponent I was following) and found them reasonable, however, as someone with limited knowledge at that time, I also felt falling into the "Social Conformity" trap.
This is how newcomers to BTC learn to behave, otherwise, they are excluded:
The standard was to follow BTC as the real Bitcoin and call all else a scam. Being a BTC maximalist was the easy way out for those that didn't have time or mood for research. Those lazy enough to do their research still think BTC is Bitcoin, even though there are some questions they are still afraid to ask in public.
In Conclusion
It is a general rule, all crypto media are overwhelmingly supporting the Blockstream version of BTC and under-reporting Bitcoin Cash.
The reasons are obvious. Bitcoin Cash is Bitcoin. Bitcoin scales, but AXA/Mastercard-funded Blockstream crippled Bitcoin and turned it into BTC. And Blockstream doesn’t want the opposing view to be available to the public. It restricts Bitcoin Cash visibility unless it is something negative to report.
After the fork of 2017, Bitcoin is Bitcoin Cash and not BTC. BTC is an archaic, undeveloped version that has lost its purpose.
The overwhelming resources behind BTC have turned it into a serious pyramid scheme. It was what I felt BTC was back in 2017 when the BTC fees suddenly reached $50 and even higher. It wasn’t working. This was simple and clear.
Bitcoin Cash is the upgrade, and it works as planned.
The Unreliable Crypto News websites like Coindesk and Cointelegraph are manipulating the public that tries to understand cryptocurrencies but has nowhere else to look at.
Eventually, I am expecting these news media to praise Strike and other custodial services as the top financial innovation and proceed with explaining in articles how more regulations are required. These websites cripple innovation and financial freedom. They do not promote cryptocurrencies but only promote the bags the reporters and their employers are holding.
The state of Crypto news websites and reporting is disgraceful.
Images:
Lead Image from: Pixabay
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Thank you
for confirming my judgement about all the cryptoMSMs.
I find it not worth clicking on anything these days,
but we all know that will change soon enough:
CBs are beginning to harvest what governments have planted.