The Effect of Social Media on our Communications Practices
Our readings this week discuss the effect of social media on our communications practices. Your task for this week is to identify the industry area associated with your proposed client and discuss the effect social media has had on that industry.Write a 2-3 paragraph post where you identify your proposed client, and the industry you are choosing to focus on. [organization: Bitmart; Industry: Crypto] https://www.bitmart.com/enDescribe how social media is impacting practices in that industry. You may need to do a little out-side research to support your claims. Be sure to specific examples in your analysis.https://twitter.com/BitMartExchangehttps://www.instagram.com/bitmart_exchange/https://www.linkedin.com/company/bitmart/?originalSubdomain=kyhttps://www.facebook.com/bitmartexchange/https://www.youtube.com/c/bitmartexchange
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Cryptocurrency is one of the leading trends of the twenty-first century. More and more people are seeking to invest through crypto because of its benefits and its likelihood as a major currency in the future. Social media has had a significant effect on businesses, people, politics, and other areas of life (Cruz, 2016). Among these others areas is the crypto industry. In this paper, the author discusses the impact that social media has had on the crypto industry.
Bitmart is an organization dealing in the buying, selling, and storage of cryptocurrency (BitMart). The organization spans more than 180 countries and serves more than 9 million people (BitMart). The organization seeks to provide trustworthy, professional, and accessible services to all its clients.
Social media has had both a positive and negative impact on the crypto industry. One of the positive impacts has been education on cryptocurrency. Social media platforms such as Twitter, Facebook, and Reddit provide users with educational content on cryptocurrency that can be found in written or visual form (Hyder, 2020). Another positive impact of social media on the crypto industry is that it has made the financial subsector mainstre...
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