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Jeff Bezos Announces New Policy for The Washington Post, Crypto Influencers Show Support
Amazon CEO and owner of The Washington Post, Jeff Bezos, has announced a significant change in the newspaper’s opinion segment policy. The new policy, which aims to support and defend two pillars – personal liberties and free markets – has been met with both criticism and enthusiasm from various groups, including the crypto community.
The New Policy
According to Bezos, the new policy is not about siding with any political party, but rather about being “crystal clear about what we stand for as a newspaper.” The move is seen as a rightward turn by some, and it has been met with resistance from within the newspaper. The opinion editor, David Shipley, has resigned in protest, and several editorial board members have expressed their disappointment.
Crypto Community Reaction
Despite the controversy, the crypto community has shown significant support for the new policy. Brian Armstrong, CEO of Coinbase, has expressed his full support for the move, sharing an article on the importance of free markets. Other notable figures in the crypto industry, such as Justin Sun, Bitwise Invest’s Jeff Park, and crypto writer Nic Carter, have also praised the move.
Freedom on the rise again (finally – it was in decline recently)
Michael Saylor, CEO of Strategy, has also expressed his support for the new direction, stating that Bitcoin facilitates individual liberties and free markets.
Free Markets and Technofeudalism
The crypto community’s support for the new policy is not surprising, given the industry’s emphasis on free markets and financial empowerment. However, some have criticized Bezos’ move, pointing out the inconsistency in promoting personal liberties while suppressing alternative viewpoints.
Others have also raised concerns about the concept of technofeudalism, which describes the growing power of tech giants like Amazon and their potential to stifle competition and creativity. The term was coined by former Greek finance minister Yanis Varoufakis, who compares modern tech giants to medieval lords and their corporations to fiefdoms.
As the debate continues, it remains to be seen how the new policy will shape the future of The Washington Post and the crypto industry.
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