By Jon Rice
An Unimportant Article That Overlooked Any Point At All
Forbes published an article by Jason Bloomberg about the “echo chamber” which raised the hyperbole to the moon. “The problem: most of the noise around both blockchain and crypto is little more than the community talking to itself – a massive ‘echo chamber’ that in its final analysis promises no lasting 
business value for its participants.”
So says Mr. Bloomberg, who does not own, and does not intend to own, any cryptocurrency tokens. Mr Bloomberg had much to say about something he clearly knows little about: on VeChain (which he spells Vechain) he muses that the company is “selling shovels during the gold rush”.
VeChain, it should be noted, is a highly-respected three-year old blockchain company that has partnerships and trials with BMW, PWC, DNV GL, Louis Vuitton’s parent company, Kuehne & Nagel, and many others. It has a market capitalization of over $2.3bn at the time of writing.
Mr. Bloomberg, it seems, could definitely use a shovel, since his research can only be described as execrable.
Read the entire article at https://cryptobriefing.com/business-media-covers-crypto/
