Why You Shouldn't Blindly Trust Indian Media With RBI & Cryptocurrency News!

in #india6 years ago (edited)

Under the guise of anonymous leads news agencies in India peddle any information they deem fit. For example New Indian Express yesterday claimed that cryptocurrency will be legalised whereas CNBC TV18 said on December 7th that cryptocurrency will be banned.

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This kind of media FUD is creating nothing but confusion in the market where it has become extremely hard to trust their versions. Anyone can mention anonymous source and call it a hard fact unfortunately.

Until the official report is out please be aware and careful of what you read in the news. Cryptocurrency and Bitcoin in general is popular amongst the youth and given the huge interest around this subject Indian media is happy publishing just about any news around it.


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Media makes people more confuse, even if they do not have any proof still they present the news as it is sure fact.....pretty difficult to go by their words

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Well media and news in india cant be trusted until or unless theres a proper notification to it.

News channels are expert in spreading rumours

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Thanks for updating about Crypto currency news.

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It's not different around the world and thank you for your effort.

We have to wait until the final over,but I think we will win definitely.Sometimes a little light brings us happiness,so be careful and wait and watch the game.Thanks for updates,wish you good luck dear.

Don't follow media blindly!!