Seen as an L for crypto, in the big picture FTX’s demise was a massive W and a turning point. Decentralized media (DeMe) did in a week, with a few accounts, what centralized media failed to do in two years with thousands of journalists and millions in funding: expose SBF’s fraud. The DeMe approach to news will include as features elements previously considered bugs: pseudonymous bylines, on-chain news, DAO newsrooms, crowdsourced fact-checking, and more.