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Question By citypaper
Viewed: 3,545
6 years 2 weeks ago
6 years 2 weeks ago
Why did Media hype Crypto Currencies such as BitCoin which are giant Ponzi schemes?
Topics:
Media, Finance, Economy
My question has 2 parts and the background for it is well layed out by the Video attached to this question. That is certain elements of the Media, specially CNBC & Fox hyped this nothing of nothing known as Crypto Currencies such as BitCoin as some amazing investment by featuring this 20 Year old guy who was broke and now is Millionaire investing in BitCoin and other such do nothings having become Millionaires or Billionaires off BitCoin and other Crypto Currencies when these Crypto Currencies have NO underlying value as they are not backed by any Central Government and have ZERO under lying value and their only value comes from a bigger fool paying you more for it, or otherwise it is worthless. Why did they do that? And what does it tell us that these same Media organizations which obviously engaged in Hyper Fake news in Hyping the worthless BitCoin having their fingers on so much of life in USA and are such Trump fans?

Now if you have any doubt as to what a worthless nothing BitCoin and other such Crypto Currencies are, consider the fact that anyone can run the underlying Crypto Currency code and create their own Crypto Currencies, such as TiTCoin DickCoin TrumpCoin GoshCoin which as ridiculous as they sound they actually exist as the attached Video well points out.
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