How the media controls your bags

Screaming into a Megaphone is still one of the most efficient ways of making yourself heard in front of an audience.

In traditional media, the system of information control was essentially that. Some people had a megaphone, and the rest would listen. The only difference now is that the general public is allowed to participate in the dissemination of information, some even have their own megaphones, but the process remains largely the same.

This article is a deep-dive into how media and notable individuals control and influence the price of crypto assets.

#1 Uses their position to influence media, plays long and short

J.P. Morgan is especially guilty of this. Anyone else that’s not J.P. Morgan would see the insides of a jail cell within a fortnight if they gave half as many mixed signals when it comes to their stance on crypto as J.P.

For instance, on September 21st Jamie Dimon, the CEO of J.P. Morgan Chase calls “crypto tokens like Bitcoin a decentralized ponzi scheme”.

Same day bitcoin drops over 7% as people obviously sell due to the FUD.