“…[A]ssume that they want what they usually want, which is wealth without end or accountability or excuse, and something fun to play with, and also to get over on someone else.” David Roth believes that cryptocurrency is far removed from its intended use. While cryptocurrencies aim to be world-changing equalisers of wealth, he thinks of them as little more than the elite’s new plaything, citing influencer pump and dump scams and the duping of CNBC and Reuters as examples. Read full article here
Research
Improving media literacy could boost trust towards the news, IMPRESS report suggests
The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here
Merv
February 1, 2023
