Erik Weijers, a year ago

Traditional media: crypto is a helpful tool in Ukraine

In recent months, there almost no major event plays out without crypto playing a role in the news coverage. The war in Ukraine is the most recent example. It is notable that respectable, conservative media outlets have made positive judgments about the role of crypto. Examples are institutions such as the Financial Times and The Economist.

An overview of some key publications from the mainstream media.

Between all the stories about excessive energy consumption and ransomware, it's refreshing to see the media give crypto a big thumbs up. Especially the general public, which knows little about crypto, needs this kind of coverage to wake up from their ill-informed scepticism.

In the words of Forbes:

Crypto has long been viewed as speculative and has its fair share of detractors. Fewer can now challenge its efficacy.

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We wrote about it earlier: Jason Lowery believes Bitcoin could become the world's reserve currency and that countries should engage in a peaceful "arms race" to mine Bitcoin. He believes Bitcoin is a form of digital property that will be defended similar to how navies secure maritime thoroughfare. Not everyone is sold on this concept. Let's discuss a contrarian view.

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