Trust in mainstream media has plummeted in recent years, with social media platforms gaining popularity as primary sources of information. A Gallup poll in October 2023 revealed that only 32% of Americans trust mass media, a significant drop from 54% in 2003. Similarly, a Reuters study showed declining trust levels in Brazil, India, the US, and the UK. Social media platforms like X, Facebook, and TikTok have become go-to sources for news, leading to decentralized news reporting but also concerns about misinformation. Mario Nawfal, founder of International Blockchain Consulting, has capitalized on social media's power through his popular X Spaces, covering crypto trends and breaking news. Nawfal believes the shift to social media for news consumption is driven by a change in trust rather than platform evolution. His interactive Spaces offer a democratic alternative to traditional media, hosting discussions with notable figures and impacting real-world events. Listen to Nawfal's insights on social media, crypto, and more on the Decentralize with Cointelegraph podcast. Read more AI-generated news on: https://app.chaingpt.org/news