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Fact-Check Frenzy: Why Crypto Journalists Can’t Take Anything at Face Value.

by Quirky Block
21 August 2023
in Regulation Rundown
0
Fact-Check Frenzy- Why Crypto Journalists Can't Take Anything at Face Value

In the fast-paced world of crypto journalism, there’s a golden rule: Trust, but always verify. DL News recently highlighted the importance of fact-checking in the crypto realm. With the crypto universe expanding at breakneck speed, the stakes have never been higher for journalists to get their facts straight.

Inbar Preiss, a seasoned reporter with DL News, recently shared her experience while reporting on tech investments in France. She emphasized that taking data at face value could lead journalists down a rabbit hole, sometimes even playing into the hands of political think tanks. It’s a stark reminder that misinformation is just a click away in the age of information.

The article also delved into an intriguing anecdote involving the late former French president, Valéry Giscard d’Estaing. He once masterfully showcased how the same statistics could be manipulated to defend two opposing economic theories. If that doesn’t underscore the need for skepticism, what does?

Preiss’s journey into fact-checking wasn’t challenging. While investigating a report on investments in small companies, she stumbled upon glaring discrepancies in the data and its sources. This revelation was a testament that even seemingly innocuous pieces demand rigorous scrutiny. In the crypto sector, where volatility is the game’s name, such discrepancies can have monumental implications.

The crypto world is a minefield of data, stats, and numbers. While it offers journalists many stories and insights, it also demands an unwavering commitment to fact-checking. After all, in an industry where fortunes can change in a split second, accuracy isn’t just a virtue; it’s a necessity.

Tags: Crypto JournalismDL NewsFact-CheckingInbar PreissMisinformation
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