A recent article published after El Salvador’s Bitcoin adoption caught my attention: “El Salvador’s new bitcoin wallets could cost Western Union and similar companies $400 million a year”.
The article actually focuses on how much money the citizens are saving & how much easier this will makes sending and/or receiving payments for El Salvadorans. Yet rather than making this a celebration of savings for the average person, they make it seem that since giant corporations aren’t able to make exorbitant fees (off people with nowhere else to turn), it’s a darn shame & costing the mega-corps a fortune.
Boo hoo. Poor giant corporations!!
Why would they use such a slanted headline that, frankly, isn’t even what the focus of the article is about? I know that I and many others are guilty of headline surfing (but I’m trying to be better). Was it to hopefully slip a pro-bitcoin article past the editor?
You owe it to yourself to read the actual articles, rather than just draw conclusions from headlines. And, here’s something just as important: if you read something astounding/surprising/ground-breaking, please, please, please (as best you can) do some follow up research. Read this article here.