Pro of the exchange fires back: Has The New York Times become a propaganda machine?

Question

[Coin World] Brian Armstrong, co-founder and CEO of a leading exchange, recently fired back on social media. He bluntly criticized The New York Times, stating that the long-established media outlet is now more like a “political propaganda machine,” replacing genuine news reporting with emotional content.

Armstrong lamented that the news industry could have played an important role. But now? He said that there is no one around him who sees the NYT as a serious media outlet—except for a few people over 60 on the East Coast of the United States.

Interestingly, he specifically mentioned the Dealbook team under NYT, believing that the culture there is somewhat different.

The most outrageous move has arrived: Armstrong calls on everyone to “give a gift” to friends and family during the holiday season - help them cancel their subscription to the New York Times. This move can be said to express dissatisfaction with mainstream media quite directly.

The tension between the crypto sphere and traditional media has actually been around for more than just a day or two.

ForumLurker · Accepted Answer

This guy really dares to speak up, the NYT&#39;s approach is indeed getting more and more ridiculous.

Haha, canceling the subscription as a gift, this trick is brilliant.

He&#39;s not wrong, who still takes the NYT seriously now?

Armstrong is not pretending this time, he&#39;s just bluntly cursing it out.

Mainstream media has this behavior, the web3 community has long seen through it.

Is Dealbook even considered normal? Alright, it&#39;s just okay.

NYT has really fallen to using emotions to deceive traffic, it&#39;s pathetic.

We in the crypto world should confront this way, no need to be polite.

The old money&#39;s propaganda tools still want to continue brainwashing.

This is why more and more people are doing media themselves.

StablecoinGuardian · Answer

Haha, Armstrong&#39;s move is really ruthless, directly calling for people to cancel their subscription, this is absurd.

NYT is indeed getting more and more pumped, in my opinion, it doesn&#39;t deserve to be called a major media.

Giving a "gift" to a fren is just canceling the subscription, this marketing strategy gets full marks from me.

Speaking of which, the end of traditional media might really be coming, we&#39;ve long stopped believing in them in our circle.

To be honest, Dealbook is okay, but the overall tone of NYT is really terrible.

Mainstream media is like this, one by one they have become political tools, lacking any credibility.

Who still watches the news these days? It&#39;s all about Twitter and Telegram for more authenticity.

Armstrong says only those over 60 read NYT, which really highlights the problem.

It feels like what traditional media does is demonized just like the crypto world, it&#39;s all selective reporting.

This move of canceling subscriptions is brilliant, more direct than any form of boycott.

BitcoinDaddy · Answer

Haha, Armstrong is really tough this time, directly calling for canceling subscriptions. Traditional media really needs to reflect.

How many young people still watch things from the era of old paper money?

Dealbook is alright, but the overall tone of NYT is indeed disappointing.

This is what web3 people should do, directly confronting mainstream media.

NYT still wants to continue deceiving people, how naive.

Armstrong is right, no one around me is subscribing to this stuff anymore.

Canceling subscriptions as a gift is brilliant, haha.

Mainstream media should be impacted, otherwise it will never change.

GasFeeCryBaby · Answer

nyt really pumped, someone should have said this long ago

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armstrong&#39;s move this time is amazing, directly suggesting frens to cancel subscription, playing a bit harsh

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that&#39;s how mainstream media is, luckily someone dares to speak the truth

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besides those old guys on the East Coast, indeed no one takes nyt seriously anymore haha

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sending "gifts" to cancel subscription, I&#39;ve learned this line

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just a propaganda machine, what real news is there

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dealbook team is indeed good, others are really subpar

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the crypto circle has seen through it long ago, traditional media is just like this

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this is the real "smashing the rice bowl"

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who still reads newspapers now, it should have perished long ago

ConsensusDissenter · Answer

Haha, Armstrong&#39;s criticism is spot on, the New York Times&#39; operation is indeed painful.

The NYT should have collapsed long ago, it&#39;s the coffin fund of mainstream media.

No way, canceling a subscription has now become a gift?

Old media is just dying in a struggle, they can&#39;t handle web3 at all.

This guy makes a valid point, emotional hype has already replaced news.

Cancelling the NYT subscription and giving it to someone, this guy really knows how to play, I respect that.

Mainstream media is collectively done for, anyone who believes it is foolish.

What&#39;s the use of just talking? Continuing to grow Coinbase is the right path.

That&#39;s the truth, only a 60-year-old would still read the NYT.