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This week, Delhi Police accused two folks of working a drug ring, based on the Daily Mail India version. Using the world’s hottest cryptocurrency, bitcoin, police have been capable of buy three,635 USD value of unlawful medicine on the darkish net. It is claimed such an incident is “probably the first case in India.”

“A DJ, drugs and the Dark Web: Two held as Bitcoin trail leads police to cartel trading ecstasy and MDMA”

Above is the headline used within the on-line information supply’s try to hyperlink bitcoin to nefarious exercise, a favourite amongst mainstream information organizations across the globe. It is perhaps useful to research how such articles are constructed in an effort to raised perceive media hysteria masked as public concern.

“This is probably the first case in India,” the report fairly boldly claims in a rustic of over one billion, 300 million folks, “where narcotics were purchased through the secret corner of the virtual world and the payment was made in bitcoins.”

“A payment of Rs 2.36 lakh was made through RTGS to a person who converted the amount into Bitcoin,” the article states. “The drugs were delivered through post as a gift from the Netherlands and allegedly later supplied to” one of many accused.

As of this writing, 1 Rs : .zero15 USD, as 236,000 Rs is roughly equal to 3600 USD. RTGS is the India-unique Real Time Gross Settlement System. Two folks and 4K value of rave medicine may not match any particular person’s definition of a “cartel” nor “ring.” 

India Drug Cartel Uses Bitcoins, Two Arrested: A Closer Look at Legacy Media Libel“The seized drug was used in rave parties in Delhi and adjoining states,” the article says. One of the 2 arrested was caught with “100 pills (42g) of ecstasy,” who occurs to be “a DJ by profession.” The different particular person arrested had roughly half that quantity.

The article appears confused at the fairly primary level that Methylenedioxymethamphetamine (MDMA) is synonymous for ecstasy.

The unnamed darkish web site permits for “all variants of medication like cocaine, MDMA, hashish, ecstasy, LSD, oxycodone, hydrocodone, psilocybin, xanax and ketamine [to] be bought,” the article lists.

Daily Mail explains, “payment was made in virtual currency, ie, Bitcoin. To facilitate the transaction, there are sites where rupees can be converted to the equivalent amount of Bitcoins through which payments can be made to buy drugs,” or sneakers or an iPhone, the article omits.

The phrase ”Bitcoin” is peppered about one dozen instances in a 600 phrase post within the information outlet, netting a proportion (.02) bordering on a reasonably slick try to hypnotize readers into suspecting such a noun is at least complicit in criminality. At no time does the piece steadiness its prose with a sobering sentence about loads of criminality being facilitated by the nation’s fiat paper. And perhaps that’s the article’s unspoken objective.

India Drug Cartel Uses Bitcoins, Two Arrested: A Closer Look at Legacy Media Libel

Innumerable Confusions

Philosopher Marshall McLuhan wrote how “innumerable confusions and a sense of despair invariably emerge in intervals of nice technological and cultural transition.” Bitcoin is that in each senses, know-how and tradition. What’s new and epoch-altering can also be very scary. Still, the general public counts on legacy media to offer it with data to navigate these occasions.

The Daily Mail, at least on this article, fails miserably.

Daily Mail and General Trust plc owns the near-century outdated British tabloid, Daily Mail. The paper carries the doubtful distinction of being booted from Wikipedia (!) as an unreliable supply. Fake interviews, manipulating scientific knowledge, and common poor fact-checking weighed within the encyclopedia’s determination. 

For readers hoping to study cryptocurrencies comparable to bitcoin, maybe they must look elsewhere.

What do you consider such protection? Is it honest to cowl bitcoin on this method? Tell us within the comments below!

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