It's just business, what's with the hard feelings?
So it's the weekend and people are just realizing that media houses are just businesses and their primary means of generating maximum revenue is by creating content that draws in the most readers?
If we weren't so focused on negativity and finding faults, would lots of critics on emerging technologies even exist? Would headlines sound more optimistic than analytic of potential impending dangers?
Whatever sells, gets produced, it's not rocket science, it's a stone-age business reality.
Ohhhhh, the media.
You know what's my favourite thing about them? Take a guess.
If you guessed the disclaimers, as depicted in the meme, then you guessed right, if not, well, there you have it.
They hope and pray you listen and take action on every shit they post. They hope you don't buy when they say not to and that you do when asked to, but will never fail that disclaimer at the end to make it seem like the don't give a fuck what you do.
But that's just a play on human psychology, you know, the part where you have to make people think their decision is solely theirs and not influenced by any external forces like the damn article you just read.
Oh, and another thing is simply to avoid legal problems, haha.
But who truly give a shit about disclaimers when the content is often so well invested with convincing data to take action after right?
Well, the Financial Times says to tell you that you're dumb for not buying the greatest technological gift of an asset of all times because of them.
Essentially, they are saying:
Sorry, Not Sorry
“We’re sorry if you misunderstood our crypto cynicism to be a declaration of support for tradfi, because we hate that too.”
FT Alphaville has staunchly argued Bitcoin is a “negative-sum game” that is “chronically inefficient” as a means of exchange and “compromised” as a store of value.
It has also portrayed Bitcoin’s price as an “arbitrary hype gauge that’s disconnected from any utility,” Elder noted, adding that FT Alphaville continues to “stand by every single one of those posts.” — Cointelegraph Report
Of course, you have to pull the “two things can be true” card where you conclude that the asset has performed well but your critics(beliefs) of its economics still remains the same.
Well, to your mindless followers, it will still pass as reasonably, but the rest of the world can see past that bullshit. If you criticise a system and yet, it performs better, unlike you predicted, you were wrong, there's nothing more to it.
These are the type of people that will come back 100 years later when Bitcoin perhaps get displaced and say “I told you so” like it hasn't been a century of the very system they criticise working perfectly.
Oh, I was told they made a funny meme too, haha.
Source: FT Alphaville Xitter
It does really rise to the occasion, sorry FT readers, looks like you didn't just get robbed of your time and attention reading FT, you also got robbed a fortune.
We are at a point where it doesn't matter if bitcoin dies tomorrow, it's operated quite well for over a decade and grew through astounding numbers, how many businesses have been that successful in same timeframe? Even with centralized and unethical strings being at play, most can't achieve 20% of Bitcoin's successes.
It's the season of apologies and we're likely to see more of this. And I'll tell you for free that FT is not backing down, that's the whole point of that statement, they will be right here and prepared to stick more critics and disclaimers on your face following the next bear season.
Like Bitcoin, the media has its circle to make maximum profits.