Yesterday, Gizmodo writer Matt Novak wrote a scathing piece on bitcoin called “Bitcoin Surges 15% Overnight Because Nobody Learned Their Lesson After the Last Crash.” In it, Novak unleashes fury on everything from bitcoin’s lack of value to its impact on the environment. Not only is it riddled with factual errors and holes, but it’s also a misleading and dangerous narrative for hundreds of thousands of readers. Of course, bitcoin has its flaws, and we should address them with accurate reporting and reasonable debate. But this was not that. As a respected technology news source, Gizmodo has a responsibility to
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