The crypto industry is following exactly the same playbook as the tobacco industry when it comes spreading disinformation and spin about bitcoin not being the ecological disaster we all know it is.
In the 1970s the tobacco lobby revealed the mechanism they spin public opinion. You don't try to refute facts directly, you just spread doubt.
> "Doubt is our product since it is the best means of competing with the 'body of fact' that exists in the mind of the general public."
> "Doubt is our product since it is the best means of competing with the 'body of fact' that exists in the mind of the general public."
Bitcoiners want you to believe the truly nonsensical position that because the carbon footprint of mining is not absolutely precisely knowable, we shouldn't even ask questions about the per-transaction cost.
They don't want you to ask about bitcoin's inconvenient truth.
They don't want you to ask about bitcoin's inconvenient truth.
Emphasizing uncertainty on behalf of big business has become a big business in itself. We see trade journalism like Coinbase (which is owned by a hedge fund) that prints utterly incoherent screeds written by other hedge funds doing nothing but spreading industry propaganda.
The truth of the matter is the simple fact that most of the public is beginning to intuit. Bitcoin does far far more harm than good in this world. It is a filthy risky investment that serves no societal purpose and needs to be banned by governments completely.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
