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Is it me or is a lot of crypto news of poor quality (lack of substance, unnecessarily sensationalist, inaccurate)? Why is this?

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by COINS NEWS 118 Views

Is it me or is a lot of crypto news of poor quality (lack of substance, unnecessarily sensationalist, inaccurate)? Why is this?

I love staying up to date on what happens in the world and in the crypto space, so I read a lot of news and browse /new here regularly. I have started to get annoyed with the quality of the news posts that cover crypto, however. For instance, a lot of crypto news seems rather inaccurate, seems to lack substance, and/or seems unnecessarily sensationalist.

If you agree, why is this? Is this just a general news problem or are these quality issues more severe in this space? I'll give a few examples from just this week below to illustrate what I mean.

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Example 1: How mainstream (corporate) media dealt with the FTX Meltdown

The most crazy example is how mainstream media dealt with the FTX meltdown. Rather than covering FTX's fraud and how they scammed millions of users, the media chose to focus on Sam Bankman-Fried's plans to save the world, even though Sam already admitted his woke behavior was just a front to appear likeable.

Investing.com

The Wall Street Journal

Example 2: Sensational headlines

A lot of the articles use insane sensationalist headlines. For instance, a recent Forbes post linked Binance's recovery fund to Terra Luna in the title but never addressed why they mentioned Terra Luna, likely because there was no reason other than to have a sensationalist headline.

https://preview.redd.it/zothdur4oa2a1.png?568&format=png&auto=webp&s=c9a340db4a3434bffcc3dc23f9ed14dd44396c10

Example 3: A lack of substance

A lot of news posts are not really news posts because they lack substance. A prime example are all these news posts about Charles Hoskinson because he wrote a sentence on Twitter somewhere. These often use words like "slam" or "destroy".

https://preview.redd.it/r2oqg6j5ta2a1.png?849&format=png&auto=webp&s=2854888a7918a6c61dc30ff5cde7ee36f00cb380

A contentless article based on a single sentence on Twitter:

Twitter

The same articles get written whenever Elon Musk makes a Twitter post, such as the one below because Elon wrote a single sentence on Twitter ("WSJ giving foot massages to a criminal").

Finbold

submitted by /u/Beyonderr
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