We are being deceived by the media, I am currently studying blockchain in college and the bitcoin "double spend" event the media is speaking of happened over 10 years ago, in the amount of roughly $21 usd. A core group of developers immediately fixed the error and it has not been replicated since.
Keep in mind large institutions will manipulate stocks by releasing half truths into the news to create panic sellers and swoop in for profits. Bitcoin is no different in that sense and large institutions are playing the same emotionally manipulative games they play all too often in the stock market. I personally think they should be fined and reprimanded for doing this, it's an awful practice.
Just know that blockchain technology is leagues better than the current system and they are terrified of that truth.
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