It takes a simple Google search on cryptocurrency to begin understanding what exactly am talking about. The mainstream media hasn't really killed the narrative of crypto as an environmental hazard, scammers infested, ponzi scheme chain that probably would not stand the test of time.

Virtually all top news one views is negative. It begs the question of how this can be when there are so many (and many more coming on board) people backing the blockchain to succeed these days. From Billionaires, celebrities and tons of average people clamouring for change, the crypto space is definitely not in short supply of support.

For bad news to persist though there is obviously a catch attached to it. I had thought initially that majority of the crypto haters had backed down and ultimately accepted the inevitability of blockchain acceptance, but it seems that was a rather naive and hasty conclusion. There is evidence to the contrary that regulators aren't backing down, and neither are the mainstream media. Many would still rather have the space non existent than have to contend with controlling such a difficult space that can be likened to the wild west.

We are still going to get tons of negative reviews in the immediate future at least, perhaps with the aim of using negative publicity to tamper with the reputation of the space. What would be interesting to me though is the type of impact such actions could possibly have on the chain. I for one don't think much about the negative publicity but am more concerned about the potential regulations by governments.

But even that should not really generate much fear thinking about it in retrospect. This so called ponzi has already generated a silent admittance on the part of regulators on the need for change of the current monetary system. Many governments have admitted a vacuum and see what the blockchain is trying to do. Rather than support it though, a few have decided to introduce centralized versions that they can control.

What Should We Do As Supporters?

For us in the space, there is a lot of work to be done, but nothing new per se. The onus has always been to get the World to see the credibility and usefulness of blockchain technology to the extent that it becomes a part of everyday life. This for me is simply about Going about the routine business of using blockchain technology anyway we can for others to see the results. For instance I have told a few people about the speed and ease of transacting with Hive, and quite a few have seen others gain relative financial independence from using blockchain technology.

Promotion of projects that will stand the test of time is also necessary as we step into a new era of technological revolution. The media will always talk but we should perhaps feed them less. How we can do this is by highlighting the usefulness of projects that have real life usability and are not mere pump and dump schemes.

Also (another thing that makes me laugh about media criticisms), the space is still maturing and I certainly expect improvements with regards to environmental issues as well as cyber crime attacks in the not so distant future.

The critics won't stop, but the same should be said for us.