Why Most Cryptocurrency Communities Feel Like Cults to Me
And why this might harm the whole crypto space

Louis Petrik

Apr 27, 2021


[medium.com]

Cryptocurrency loyalists take buy and hold strategy to white knuckle limits, summed up in the motto Hold On for Dear Life = HODL

This readily degenerates into elitist pigheaded machismo (Not confined to binary gender BTW - the Seven Deadly Sins are gender fluid and always will be - Corboy)

Quoted from above:

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When I get doubts about my investment, I go to the corresponding community — the euphoria is contagious.

Users condemn those who have sold their coins or want to sell.

[www.google.com]

14k Gold crypto loyalist jewelry

[www.google.com]

Inside the QAnon Crypto Scam That Cost People Millions and One Man His Life
“My brother destroyed his life over this shit. Destroyed his business and lost everyone.”


[www.vice.com]

[www.google.com]


Penniless and Partnerless: Cryptocurrency Romance Scams Target Younger, Tech-Savvy Victims

By: Kendall Casey

[sites.suffolk.edu]