As Bitcoin was putting in a near-term bottom around USD 7,000, Wikipedia co-founder Jimmy Wales was speaking out against what he sees as a “bubble” at BlockShow Europe 2018. He used the keynote speech he was allowed to give as a platform to run down the crypto space as a whole and said that is is hard to deny that the crypto industry is currently in bubble territory.
There is a tremendous amount of controversy over crypto prices at the moment. The moonshot that cryptos saw last year has been more durable than many expected, and some investors like John McAfee think prices are on the cusp of another big leg higher. No one knows which way prices will go, but both sides have solid arguments.
Jimmy Wales didn’t stop at making sweeping judgments about the value of an entire industry and went on to say that there is a lack of real journalism in the crypto space. His speech included these words, “I think this is a space where we’re in serious need of real journalism.”
Given the recent controversy over “The Philip Cross Affair,” it is hard to know how to interpret his statement. With just a little bit of digging the integrity – or at the very least, oversight – at Wikipedia looks increasingly suspect.
Really Murky Water
According to exhaustive research by diplomat turned journalist Craig Murray, there is something really strange happening at Wikipedia. For those of you who don’t know Mr. Murray, he served as the UK’s ambassador to Uzbekistan from 2002 until 2004 when he ended his career with the UK Foreign Service by exposing rampant corruption in bilateral relations.
Today he is researching the curious account of “Philip Cross (PC)” who may or may not exist. You see, for many years PC has been making edits on Wikipedia that mirror the personal views of Jimmy Wales. To makes things even stranger, recently Jimmy Wales has been rude to anyone who mentions PC on Twitter or the potential fraud that may be occurring.
While it is possible that PC exists, shares Jimmy Wales’ political views, and desire to support the mainstream media’s narrative (which is often wrong in the extreme), the sheer number of Wikipedia edits that “Philip Cross” has made over the last 14 years is hugely suspicions.
The account that belongs to PC has made no less than 133,612 edits over the last 14 years, which are recorded on a minute-by-minute basis. To save you the trouble of doing the math, that is 30 edits a day, seven days a week, for 14 years.
There is no way to know for sure who PC is, if indeed he exists at all.
On the other hand, it seems as though Jimmy Wales would love for the entire PC issue to go away. Unfortunately for Jimmy Wales, the “Memory Hole” from Orwell’s 1984 wasn’t coded into Wikipedia, so the chances of this voluminous trail of evidence disappearing are slim.
It is difficult to say whether or not this was weighing on his mind when he stated that the crypto space needs real journalism – which would be the exact opposite of what he has been engaged in if in fact there is a connection between him and whatever PC is in reality.
Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.