G20 news is bullshit

in #bitcoin • 7 years ago (edited)

This is a French journal:

https://investir.lesechos.fr/marches/bitcoin-cryptomonnaies/g20-le-fsb-rejette-les-appels-a-une-regulation-des-cryptomonnaies-1750099.php

Here is a translation of the title they chose : "The FSB (Financial stability board for the G20) rejects calls for crypto assets regulation" That's a fair title because that was the main news-worthy event.

Now let's look at Bloomberg's title : https://www.bloomberg.com/news/articles/2018-03-18/growth-of-crypto-assets-may-threaten-financial-system-fsb-says "Growth of crypto assets may threaten financial system, FSB says"

No need to look further down, with a title like that, you know it only meant to generate FUD while they should have a title similar to Les Echos as that was the most important piece of news. Quite pathetic of Bloomberg...

Here's a tweet from the FSB official twitter basically confirming "Les Echos"'title :

#cryptocurrency
7 years ago in #bitcoin by
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     7 years ago  

    FinStbBoard The FSB tweeted @ 18 Mar 2018 - 17:12 UTC

    FSB Chair: #crypto-assets do not pose risks to global financial stability at this time. But market is evolving rapi… twitter.com/i/web/status/9…

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