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Your Guide to the Crypto Community

Your Guide to the Crypto Community

The crypto community is a bewildering place. It spans the incredibly intelligent to the foolish, from the cynical to the naïve, from the old to new. It crosses geographies, ages, wealth and the political divide. It ranges from those in it for the money, those trying to steal your money and a few who don’t care about the money (who are usually the richest anyway). Debates rage incessantly across the likes of Twitter, forums, podcasts, news sites and messaging apps.

But what is the crypto community? And which platforms are the best to follow? This is your guide.

Twitter

Why use?

Where else will you find a forum where leading devs combine with VCs with millions at their disposal to discuss all the concepts you likely won’t understand anyway? And you definitely won’t want to miss out on the technical analysis, which mostly just consists of someone picking two lines on a 1m chart and deleting anything they get wrong.

Who is on there?

In fairness, most people you should want to listen to. You just have to very selective in discovering who the right people are to follow. Follow liberally but unfollow, mute and block even more liberally. And most importantly, listen to the sceptics, the consistently honest, and those who call out bad practices. These are the most valuable people around.

Most likely to overhear?

“Value will likely accrue at various layers in the web3 stack, most importantly at the VC layer.”

- @ElonMu5k

Reddit

Why use?

If you’re not using the daily threads on r/cryptocurrency and r/ethtrader as your sentiment guide then you’re missing out. When the dailies are filled with thousands of comments all screaming moon, where any bearish comment is instantly downvoted to oblivion, you know you need to sell. When the world is ending, get those buy orders in. It’s as reliable as selling or buying contrary to whatever CNBC is recommending.

No but seriously

Well, it has millions of users and if you can discern between the latest shill piece for a company disguised as a legitimate post then there are lots of interesting links on there. Plus there are specific subs for each cryptoasset, meaning you can find a wealth of information if you’re willing to search hard enough. Furthermore, there are a lot of people building small and often interesting projects which you won’t find anywhere else.

A lot of the longer and more interesting posts have flooded to Medium, while much of the debate is on Twitter, but it’s still worth paying attention to.

Most likely to overhear?

“LMAO you shill, Coin X is trash. It’s so inferior to Coin Y INSERT 1,000 WORD SHILL PIECE”

Telegram

Why use?

Because you really can’t be bothered to keep up to date with crypto but want to waste time anyway, so you join mindless project Telegram groups to kid yourself that you’re just “keeping up to date with developments”.

Any good stuff on it?

If you’re lucky you’ll stumble upon a few sensible groups with focused discussion. Many project groups can be good sources of debate prior to the influx of bots and moonbois at ICO. And you’ll be forced to use it at some point if you hold assets for substantial periods because otherwise you’ll miss (or more realistically, feel like you’re missing) important project updates.

Also, where else can you go to abuse the project teams of coins you’ve lost money on? Or at least, the third party community admins they’ve hired to manage the groups for them.

Most likely to overhear?

“WEN BINANCE??????????”

“Please refer to pinned message. The team cannot discuss exchange listings.”

30 seconds later…

“WEN BINANCE????????????????????????”

4chan/biz

Why use?

I have to pick my words carefully because I have no desire to upset the fine and upstanding 4chan community.

Coward

Ok, if you can ignore the racism, homophobia and misogyny, as well as the obvious shills, then you’ll likely find some low cap gems you might not otherwise hear about. Although in reality you’ll most likely end up just buying Chainlink, because posts about LINK and founder Sergey probably make up half of 4chan traffic by this stage.

Most likely to overhear?

*REDACTED FOR VIOLATING MEDIUM’S RULES*

News sites

Why use?

There isn’t really a reason. They are mostly trash, and you can get all the content from posts on Reddit anyway.

Ouch

As Chris DeRose eloquently stated, it is hard to make an honest dollar in crypto, but it is very easy to make a dishonest one. This has worked against crypto journalism. Thankfully there have been signs of change recently with the launch of a few new sites. Too early to anoint them saviours, but it is certainly encouraging.

Most likely to overhear?

“Do these 5 developments mean that TRON is going to MOON in the next TWO weeks?”

Podcasts

Why use?

Because you can’t be bothered to do the hard work of actually reading up on blockchain and crypto, so instead you’ll just settle for the passive activity of listening to others explain and hope it washes off on you.

What do people talk about?

There used to be precious few podcasts, and the ones that there were used to be run by people who were patently tech people first. Production values were mostly awful, the presenters were usually pretty bad, but they discussed the tech a lot. Now everyone seems to have a podcast, but they mostly recycle the same guests, discuss a few high level concepts, or feature ICOs trying to advertise themselves.

The production values are on point now though, so there’s that. And if the episode features an interesting guest (of which there are many), then they can be both extremely informational and entertaining.

Most likely to overhear?

“Now a word from our kind sponsors, USELESS BLOCKCHAIN COMPANY 1”.

Bitcointalk

Why use?

Bitcointalk used to be the place to go for debate between devs, a debate which has now mostly moved to Twitter leaving Bitcointalk a barren wasteland of PoW clones and scams.

That sounded less sarcastic than the rest

If you use Bitcointalk as an archive, searching for topics through Google, you will find a lot of very useful information between devs now prominent in the space. It was easier to find information when a lot of it was on there, and debates were less transient than they are now on Twitter.

Most likely to overhear?

“Post reserved for Indonesian translation”

Slack/Discord

Why use?

Slack and Discord are used for tech talk, rather than price/general discussion of Telegram.

As a result they are usually barren wastelands, barring community led projects which can still feature good technical discussion.

Most likely to overhear?

Medium

Why use?

Because Medium is the host for the majority of good writing about crypto. If you’re not publishing to Medium, it’s not getting read. And it’s all free! Plus it gives bang average writers like me the chance to publish to actually good sites like Hacker Noon. Try it for the dopamine hit. You’ll be hooked. Only downside is it can be hard to find the best articles, except through other platforms (such as Twitter).

What do those stars mean?

Hmm I guess Medium got tired of everything being free. Sadly now most articles seem to be protected. Thankfully you can use Incognito mode (or just pay the miniscule amount they charge, as it is actually worth it).

Most likely to overhear?

Yeah this doesn’t work for Medium.

Reflecting on a Year of Writing About Crypto

Reflecting on a Year of Writing About Crypto

Crypto Intro: Symmetric Keys/Session Keys

Crypto Intro: Symmetric Keys/Session Keys