Here it is, my UK journalism lowlights of the year:

1. Laura Kuennsberg jumping into Pippa Crears' mentions to defend Dominic Cummings after getting a text from.... Dominic Cummings

2. The BBC portraying Rishi Sunak as Superman
3. This piece of Boris Johnson on holiday in The Sun
4. Chris Mason going "OOOF!" to a response to an ice cream company
5. The Twentyman saga
6. This Telegraph front page - No 10 wedding and baby too
7. The Times putting a literal halo on Rishi Sunak
8. This article by Peston on Herd Immunity
9. The ridiculous nonsense around Boris Johnson doing press ups
10. Hipster Analysis
11. Peston with "A moment of great pathos"
12. Laura Kuenssberg portraying the economy in line with Tory messaging as akin to a household budget saying “the credit card, the national mortgage, everything absolutely maxxed out"

https://t.co/YvpGEPo9OM
13. The ludicrous hyperbole around Jess Phillips short lived leadership campaign
14. The Government leaking that Christmas has been cancelled for millions to a journalist who was locked out of her own twitter account
15. Laura Kuennsberg tweeting this ridiculous video about herd immunity
16. Peston calling the UK under Tories "Cuba without the sunshine"
17. The Times piece on "Dishy Rishi"
18. Boris Johnson watching Lord of the Rings
19. Laura Kuennsberg's editorialisation that there had been no opposition for the last 4 years
20. This from HIGNFY
21. A final late entry, The Sun portraying Boris Johnson as Santa

/Thread
22. A further late entry, Chris Mason simping here for Boris Johnson

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
The YouTube algorithm that I helped build in 2011 still recommends the flat earth theory by the *hundreds of millions*. This investigation by @RawStory shows some of the real-life consequences of this badly designed AI.


This spring at SxSW, @SusanWojcicki promised "Wikipedia snippets" on debated videos. But they didn't put them on flat earth videos, and instead @YouTube is promoting merchandising such as "NASA lies - Never Trust a Snake". 2/


A few example of flat earth videos that were promoted by YouTube #today:
https://t.co/TumQiX2tlj 3/

https://t.co/uAORIJ5BYX 4/

https://t.co/yOGZ0pLfHG 5/