This sort of mendacity informs the rest of the piece, and reflects the sort of motivated reasoning found in so much of the Times’ crypto coverage, and in other corners of the media as well. The question is why pieces like this get published in the first place. Does it simply reflect a backlash by media outlets against the grotesque crypto grifting of the Trump administration? Or does it reflect something broader—a contempt for new technology in general?
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Lex: FT's flagship investment column
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