alt Hacker NewsIf you go deep into the crypto world you'll find that this messaging resonates well with "degens" (as they sometimes call themselves).
They love this stuff, it signals how "pilled" you are. It may or may not have to do with a large proportion of them being high on drugs (weed, psychedelics, cocaine), in addition to obviously being terminally online and bubbled. They are also extremely anti-authority, because a lot of what they do breaks the law in bigger and lesser ways, especially tax/financial law.
And they often will drive millions and millions of dollars of crypto toward these ventures, often anonymously.
You have to read these kinds of things in the context of the target audience, which is very real.
Source: I made it out.
Replies
>> They are also extremely anti-authority
There's a big difference between anti-authority and a-hole, knee-jerk opposition defiance disorder, but even if you're right wouldn't the people being asked to sign this contract be the last people to do so?
> They are also extremely anti-authority
Alright we will see how long that lasts. If they want to enforce their “contracts” they will need a court (i.e. an authority) to order the opposite party to abide by their contract and if they don’t, police (i.e. an authority) will force them to court and enforce what the court says.
wtf I love ethereum now
> They are also extremely anti-authority
Don't say it isn't so!? The community founded on circumventing existing financial structures are anti-authority? Next you're gonna tell me anarchists don't like individual leaders, or that socialists care about healthcare.
Source: I suppose also "made it out" although it wasn't hard, I left my job, like any other industry. Worth knowing as well that the cryptocurrency ecosystem isn't nearly as "internally" aligned as some people want you to believe, there is a large range in weirdness in the ecosystem, not just what parent above shared.
I think "degen" for "degenerate gambler" refers specifically to those who make wild, all-in bets without any more research than a quick scan of twitter and telegram memes. Not those who would actually parse a multi-page manifesto document.