web3/claims/weird-culture.md

Crypto has a weird subculture

Crypto currency is an example of a high-control-group to develop the narrative-economics to entice people to invest in the asset class. Since the asset class is negative-sum it depends largely on inconsistent narratives that clash with orthodox economics and depend on technosolutionism to justify bringing more greater fools into the scheme.

Crypto culture depends heavily on a distortion of language to signify belonging to an ingroup and leans heavily on thought terminating cliches to quell dissent or rational discourse.

References

• [@golumbia_bitcoin_2015]
• [@olson_line_2022]