Traditional media's credibility? Pretty much dead in the water. Nobody's buying what the Times, the Post, CNN, or MSNBC are selling anymore. Too much spin, too much agenda-pushing, too little truth.
That's exactly why the internet exploded the way it did. When legacy institutions失去了公信力, people went looking for alternatives. And they found them—decentralized information, peer-to-peer verification, communities that fact-check in real-time.
Sound familiar? It's the same reason crypto exists. Centralized gatekeepers failed us, so we built something new.