Tesla And Cryptocurrency: Same FUD From The Financial Media
The financial media is no different than any other media source. It is nothing more than propaganda.
In this video I discuss how we are seeing FUD (lies) launched at both Tesla and Cryptocurrency. When one follows these closely and applies a bit of logic, it is easy to see how misleading all this is. Of course, this is having a predictable result in the markets.
▶️ 3Speak
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The sad thing is that people (in the broader sense) are more inclined to believe the rumors and lies on first sight, rather than examine the topics at hand and do actual research.
A friend of ours refers to it as the general public having grown "civicly lazy."
It's a shame because really good enterprises and projects can be driven into the ground on no more than rumors.
=^..^=
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Yes it's so true they believe the lie. It really gets to me.
Yes it is very sad. I wonder why people believe the rumores and lies more?
It is very strange and very frustrating.
Barb
#thriveonhive
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It's the reason I refused to work in the media although having a diploma...
That is a good reason why Tesla won't stop using China and I don't think the Germany Giga factory is going well. I know in the US that Tesla seems to be in excess supply. Is that the case in Europe?
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While I understand there's a learning curve for Elon Musk in his quest to run Twitter, and being human he will make mistakles and possibly even change his mind...
Who does he think he is, to change his mind aboyut something after learning more about it? LOL :)
But honestly, he definately is being held up to the light and scrutinized pretty carefully, and low and behold he is a human not an AI. :)
The world will just have to learn to accept the truth, whenever a human is in charge, mistakes will be made, and biases will be shown..
These are human characteristics, and a word to the wise for journalists: I know your doing what you think is your job, but always pointing out the bad, and never the good, doesn't make people like you.
And yes Twitter is a private business, so if he suspends you for critcizing him, put your big boy or big girl pants on and suck it up buttercup. This is a the real world.
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Thank you taskmaster4450le
Yes there is so much propaganda out there.
Should propaganda be another word of lies?
Barb
#thriveonhive
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Summary:
In this video, the speaker discusses the treatment of Tesla and cryptocurrencies like Bitcoin in the media. He points out the similarities in how both are attacked and misrepresented, emphasizing the importance of understanding what is happening and not falling for the sensationalism. The speaker explains that recent reports about Tesla cutting production in China due to weak demand may be misleading, as there could be other reasons for the production adjustments. He compares the spread of fear, uncertainty, and doubt (FUD) in the media to both sectors and encourages viewers not to buy into it. The speaker also highlights the illogical nature of associating negative events in one industry with another unrelated one, such as FTX and Bitcoin. He concludes by urging people to focus on building and not succumb to the misinformation spread by the media.
Detailed Article:
The video opens with the speaker addressing the audience and delving into a comparison between the treatment of Tesla and cryptocurrencies in the media. He expresses his observations about both sectors facing similar attacks characterized by distortions and falsehoods. The speaker cites an example of how mainstream financial media and social platforms like Twitter sensationalize news about Tesla, such as the recent reports of a production cut in China due to weak demand. He clarifies that a decrease in production does not necessarily indicate low demand, highlighting the complexities of production processes and supply chain dynamics.
Moreover, the speaker disputes the notion that Tesla would scale back production solely due to low demand in China, emphasizing the company's ability to export vehicles to meet demand in other regions like Europe where there may be a backlog of orders. He questions the validity of the claims propagated by the media and underscores the need for critical thinking to discern the truth from sensationalized narratives.
Transitioning to the realm of cryptocurrencies, the speaker likens the FUD surrounding Bitcoin and decentralized technologies to the unfounded fears spread about Tesla. He points out the irrationality of linking unrelated events, such as the decline of FTX affecting Bitcoin, and stresses the need for logical analysis when faced with such misinformation.
Furthermore, the speaker critiques mainstream financial media outlets like CNBC and Bloomberg, labeling their reporting as unreliable and agenda-driven propaganda. He warns against blindly trusting headlines and encourages individuals to apply logic and reason to decipher valid information from false narratives. The speaker concludes by highlighting the importance of focusing on building and not succumbing to the fearmongering tactics employed by the media in both the Tesla and cryptocurrency spaces.
In essence, the speaker's message revolves around educating viewers to be discerning consumers of information, especially in the face of sensationalized narratives and FUD circulated by the media. By drawing parallels between Tesla and cryptocurrencies, he underscores the need for critical thinking and logic to navigate through the noise and maintain a clear perspective on these subjects.