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Bitcoin Global News (BGN)

April 27, 2018 -- ADVFN Crypto NewsWire -- Consensus Conferences originated in Denmark in the 1980s to address issues regarding public policy and technology - “to qualify people’s attitudes, inasmuch as they are given all the information they require until they are ready to assess a given technology.” They are often utilized in the medical field to confirm adoption of new treatment procedures.

Coindesk calls this conference the 4th annual blockchain technology summit. It is organized, advertised and profitable to Coindesk, as similar conferences are in any other industry. It does not focus on the original intent of Consensus Conferences. It seems that founder of Ethereum Vitalik Buterin is trying to point to this change with recent tweets:

“I am boycotting @coindesk's Consensus 2018 conference this year, and strongly encourage others to do the same. Here is my reasoning why.”

1. Coindesk consistently enables scam ICOs. They are willing to take the advertising profits regardless of the nature of the company.

2. They specifically misquoted Viitalik recently in order to create a more sensationalized article, and refused to correct it.

3. Their information policy sets up a catch-22, where Coindesk can deny any request that anything requested “off the record” can be denied

Scams – are the major fuel for regulation of the blockchain space. The pressure here is placed on governing bodies, but why is there no responsibility on information sources? Ad-bans have happened recently with Facebook and Linked, but these websites are not explicitly blockchain/cryptocurrency news sources. Misinformation will continue to plague adoption of the technology if information outlets don’t take responsibility for their influence.

OmiseGO (OMG) - has confirmed they will stand with Vitalik Buterin on this issue in a tweet. They highlight these issues of responsibility to the public. Coindesk engages in “careless reporting and reacts with hostility rather than humility when the error is brought to its attention.”

By: BGN Editorial Staff