In light of Bitcoin’s recent price rally, mainstream media has started to cover the industry again, but remain unconvinced it's a true store of value.
Mainstream media outlets are finally reporting on the recent rally that saw Bitcoin creep close to its all-time high — but some commentators appear to be determined to spread FUD.
Two articles released within hours of each other earlier today — a Financial Times editorial titled ‘The elusive promise of Bitcoin,’ and a Fox Business piece called ‘Bitcoin no match for gold in coronavirus world’ — state that Bitcoin does not live up to its promise as a store of value.
There appears to be coordinated media FUD aimed at #bitcoin today - 2 articles in major media.