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Why People Share News on Social Media

Everyone can get a little overwhelmed by their social media timeline. This is especially the case when everyone you know is sharing the latest news about this or that. It’s enough to give anyone information overload. What drives people to share all these news stories on social media? If you post news stories yourself, have you ever wondered about some of the psychology behind why you’re doing it? In this blog, we’ll outline a few of these motivators.

Informing

Sharing the latest news for the sole purpose of informing your followers is probably the most common reason people share news on social media. It’s an uncomplicated take, but for some people it’s true. They’re simply doing it to get more people to know about something. But some psychological reasons delve a little deeper than that.

Change Hearts and Minds

People will often share news that involves an issue that is personal to them or an issue that is potentially divisive. The intention behind sharing something like this is usually to try to get people to see their side and potentially change some minds about the topic. Often they might be looking to engage in deeper discussion about said issue.

Inject Some Positivity

Some people share news stories on social media to cheer up their followers. Whether it’s posting a funny video or an uplifting story, their reason for sharing is to bring some positivity to the timelines of their followers.

Standing out

Some people choose to share the latest news that makes their social media voice seem unique among the crowd. While a lot of people might be sharing something about a hot button or highly topical issue, they might post something that fewer people are talking about to try to bring attention to that issue. But in addition to bringing attention to that issue, they may have the desire to come across as having a unique perspective among their peers.

How You Share the Latest News

Everyone has different reasons for doing the things they do. Whether you share the latest news on social media to simply inform or to brighten someone’s day, it’s unlikely that you’re always posting something for the exact same reason someone else is.

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What Is Bitcoin?

As of the time of this article’s writing, Bitcoin has reached an all-time high of $40,000, with bulls thinking it could go even higher before a correction. These eye-catching prices mean that anyone with even a passing interest in cryptocurrency might be taking notice and following Bitcoin news. With that being said, if you’re thinking of investing in Bitcoin, it’s always a good idea to do research on an investment prospect and understand the technology first. So what is Bitcoin, anyway?

Defining Bitcoin

In its simplest form, Bitcoin is a digital currency, or cryptocurrency, and a method of electronic payment. But that’s oversimplifying things.

Bitcoin refers both to the cryptocurrency itself and the protocol upon which it’s built. The Bitcoin token is what a user is able to own or trade. Tokens can be exchanged through the use of a Bitcoin wallet, which is software that allows you to store cryptocurrency, and accessed with your own private keys. Bitcoin the protocol is built on a technology called the blockchain. The blockchain is a ledger that records all of the transactions for tokens. The reason this works so well is that the ledger is maintained through the use of thousands of private nodes, meaning networks have to agree and verify a transaction before it’s recorded. This makes all records transparent and immutable. Transactions are forever stored on the ledger and can’t be reversed.

The main strength of Bitcoin is that it is decentralized. This means no central institution, like a bank, controls the network. This is achieved through the vast network of volunteer nodes that verify transactions on the network. Since these nodes are all private, it’s essentially impossible for Bitcoin to be hacked or tampered with.

As far as Bitcoin price goes, there is a set amount of Bitcoin to be mined. Once this amount is reached, then no more Bitcoin will be produced. Miners are rewarded for mining Bitcoin, and every four years, the mining reward is halved. You don’t need to have a full Bitcoin token to use the currency, either. You can trade percentages of a token. Unlike fiat currency, which can just be printed as needed, leading to inflation and other associated problems, Bitcoin’s price will eventually stabilize. And more won’t be able to be created, which means it will create a stable currency along with all the other benefits we’ve outlined.

Should I Invest in Bitcoin?

The choice of investment is up to you. Make sure to stay on top of Bitcoin news and do your own research. Remember when it comes to investing, especially with something as volatile as cryptocurrency, it’s a good idea not to put in more than you’re willing to lose. Having notifications set for big Bitcoin news announcements will also help you decide on what to do with your investments.

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