Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

'Bitcoin Will Never Ditch You' Ad Dominates Front Page of Major Hong Kong Newspaper

'Bitcoin Will Never Ditch You' Ad Dominates Front Page of Major Hong Kong Newspaper

The number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily, a major newspaper in Hong Kong, featured a "Bitcoin will never ditch you" ad this week. Bitcoin ads also recently appeared in leading Indian newspaper The Economic Times, the Financial Times, as well as on TV.
Bitcoin Ads in Major Newspapers


Bitcoin appeared on the entire front page of the Apple Daily newspaper in Hong Kong on Monday. Apple Daily was founded in 1995 by media tycoon Jimmy Lai, who was arrested on Aug. 10 by the Hong Kong police on charges of violating the new controversial national security law imposed by Beijing. A Reuters Institute poll conducted last year shows that Apple Daily and its news website were the second-most used in Hong Kong. Lai also founded popular Asian clothing retailer Giordano and Hong Kong-listed media company Next Digital.

Apple Daily’s bitcoin ad is partly in Chinese and English. The first English sentence featured across the top section of the front page reads, “Bitcoin will never ditch you,” accompanied by an artistic signature representation of Satoshi Nakamoto, the pseudonym of Bitcoin’s creator. Hong Kong-based journalist Aaron Mc Nicholas translated the first Chinese sentence, which states:

"Banks, it’s not you ditching me today. It’s me ditching you."


The ad continues in English at the bottom of the page. It says: “Bitcoin is digital money. It is not issued or controlled by any government or cooperation. Nobody can stop you from transacting on the network and it cannot be shut down. Bitcoin is available to anyone regardless of their nationality, gender or beliefs. Bitcoin began with the genesis block during the financial crisis of 2009. Now its time is coming.” Many people on social media view this ad as extremely bullish for bitcoin.

The U.S. Treasury Department sanctioned 11 Hong Kong and mainland officials on Aug. 8, including Hong Kong Chief Executive Carrie Lam, over the national security law. Compliance officials explained that sanctioned individuals could find their overseas bank accounts closed and bank-issued credit cards canceled by financial institutions concerned about losing access to the American financial system, SCMP publication conveyed.

One Reddit user described Apple Daily as “one of the few Cantonese language, independent news sources remaining in Hong Kong,” adding that “They’re somewhat in the centre of this political storm, that includes recent sanctions on 11 government officials by the US. So it’s a very deliberate placement.” Several other users agreed.


Three major newspapers feature bitcoin ads this month: Hong Kong’s Apple Daily (left), the Financial Times, and India’s The Economic Times (right).


On the same day the bitcoin ad appeared on the front page of Hong Kong’s Apple Daily, an ad for cryptocurrency investing also appeared on the front page of a leading newspaper in India, The Economic Times, in Bengaluru. It was placed by Indian cryptocurrency exchange Bitbns for a promotion that ended Monday.

Michael Novogratz’s Galaxy Digital placed a full-page ad in the Financial Times on Aug. 13 with a bolded headline that reads: “Now is the time to invest in bitcoin. In uncertain times, bitcoin is a hedge independent of the hegemony.”

All three ads followed a bitcoin TV campaign by Grayscale Investments that kicked off on Aug. 10 on CNBC, MSNBC, FOX, and FOX Business. Within less than a week of the campaign launch, the company announced that it raked in record weekly investments of $217 million.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Budapest Central European Fashion Week Kicks Off
U.S. Celebrates Labor Day
Hungarian National Team Captain Scores Epic Goal
×