Nicholas Krapels | Source | Business Development and Blockchain Lead at Konstellation

An American academic has written an article criticizing dominant media narratives surrounding China’s regulatory actions pertaining to cryptocurrencies. The article’s author, Nicholas Krapels, asserts that “most casual observers of Chinese politics do not understand” that “by design, Chinese law maintains a grey area” and get caught up in the “clickbait-oriented sensationalist echo chamber” of contemporary digital media.”

Recently, at the Woodstock of Capitalism, Warren Buffett and his elder sidekick Charles Munger gathered to dish dirt, talk investing, and dispense folksy aphorisms at the Berkshire Hathaway annual meeting.

Last week, many minor statements fomented a mountain of fear, uncertainty and doubt regarding cryptocurrency’s future in China. On Tuesday evening, WeChat blocked a few crypto-oriented n...