Biases in the crypto world

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One very important concept in media science is that there is no such thing as an unbiased media. People precieve things differently, so two different writers might write two very different articles about the exact same topic. We can take this one step further and say that two people reading the same article might draw the very different conclusions.

 

By nature we usually try to surround ourselves with people who share our biases - and also media outlets which also share our biases. This can lead to us creating a bubble where we only let in things which we approve of. This bubble defines how you see the world and thereby creates a personal reality for you. How many times have you heard someone say something along the lines of "man how did candidate 2 get so many votes, I barely know anyone who voted for him!" ? This is an important thing to know, so that you will actively look at both sides of a given topic.

 

Now how does this connect to crypto? The crypto world tends to block out all of the "boomer" media. Only paying attention to it, to occasionally make fun of people who do not share our biases. If you invest your life savings into crypto, it is important to break out of your bubble and find a balance between the two extremes. For further help with understanding and using media to your advantage make sure to keep an eye on this blog!

Regulation and Society adoption

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