How Bitcoin can Win the Media War

In March 2014 during the Newsweek-Nakamoto scoop (that wasn’t) and the following manhunt we experienced the ugly face of irresponsible journalism. The real problem, however, is lazy journalism.

If you are reading this article, you most probably are a Bitcoin user and have drunk the Kool-Aid already. However, when you first started your journey into the rabbit hole that is crypto currencies you were probably skeptical. Typically it takes weeks or months to fully grasp the entire concept.

In my first job as a financial journalist I had about 45 minutes to identify, research, summarize, write and publish a ‘story’. There is no way that a writer at a local newspaper or a news editor from a TV broadcaster can intelligibly write a Bitcoin article in between twenty other pieces on the same day.

This is why the knee-jerk reaction from most media is to always jump on the juicy stories that are easy to write with clear bad-guy, good-guy characters: The big