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That's very much like most of the crypto projects/subs work. Lot of people with no technical understanding, completely disconnected from reality, probably owning substantial amounts of coins.

Honourable mentions to subs like /r/lisk or /r/arkecosystem

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Yeah, I was gonna say, this pretty standard /r/buttcoin fare. The main difference with BTC (pick your flavour...) is only that the pyramid hasn't toppled (yet?).

Not sure why you've been downvoted (usually HN isn't terribly pro-BTC). Perhaps it's referencing the buttcoin subreddit, which for those who don't know, is an actual subreddit that is very cynical towards cryptocurrency.

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