CRYPTO COIN NEWS | PressCoin ICO Review: The Future Of Decentralized Media

Thomas Jefferson once said that The man who reads nothing at all is better educated than the man who reads nothing but newspapers.

Jefferson spoke those words at a time when global connectivity was nothing but an Utopian dream in some visionary’s mind. Yet, the utterance is still as relevant today as it was during Jefferson’s time in the spotlight.

Jefferson of course is one of the Founding Fathers of the United States, and is credited with writing the Declaration of Independence, a pivotal moment in American history.

In pure American president style, however, his slate wasn’t quite squeaky clean. Jefferson was known to profit from plantations worked by slaves, and there’s disputed evidence tat he may have fathered illicit children with one of them after the death of his wife.

We’ll focus on Jefferson’s controversial relationship with the media, as it’s quite relevant to this piece.

The issue of ‘fake news’ may have recently become one of President Trump’s favorite catchphrases, but it has been around for a while Jefferson was certainly familiar with it.

Free press is of course one of the supporting pillars of any civilized society. Take that pillar away, and one of the fundamental support mechanisms for freedom vanishes along with it.

But freedom of the press can be curtailed by Government, powerful lobby groups, or even criminal organizations. People are losing confidence in what the press prints, because it may appeared biased.

Enter PressCoin, an ICO that intends to support a network of independent media organizations, thus fostering the decentralization of information.

This piece is a full disclosure, a statement of facts without any intention of advice or endorsement about PressCoin’s value offer.

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Amit Rathore