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Comment by ricardobeat | Hacker News Reader

It's unbelievably funny and scary at the same time. This is the profile of their "Marketing Lead":

Qualifications listed for their team include "Bitcoin Class of 2013", not sure if a joke or not? The impression is that this is a bunch of 13 year olds who suddenly got a windfall...

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"They worked as Product Manager on StarChant and Project Manager of PegzDAO; consulted with POAP on their communications strategy and Raid Guild DAO on business development. DeFi trader, yield farmer and liquidity provider on DEXs. Bitcoin Class of 2013."

You weren't kidding, this sounds like an application for a World of Warcraft Guild I applied to in 2008 or something. I have no idea what any of this means

It means “I’m in on the con job so let’s play ball”

The language and behaviour is consistent with the cant generally spoken by the crypto community. It's a similar idea to /r/wsb/ and does the job of identifying insiders while keeping outsiders out.

Not supporting crypto one way or another. But EVERY technical industry is full of jargon.

"Did you verify that the RVSM system was talking to the FMS after completing the JIC during the RON?" - Aviation "Are you sure the packets are flowing on UDP? Can someone check the CAT6?" - Simple networking

Etc. So I wouldn't say the jargon is constructed solely to keep outsiders out.

It's not only jargon, because a lot of it is used as watchwords or shiboleths.

I was referring specifically to the example above, or at least the jargon I've seen used. And EVERY community is going to have specific language or "Slang".

I mean, even the specific resume example above simply translates to "Worked as a Product Manager on moderately successful project, worked as a Project Manager on random project, consulted with highly successful marketing firm and extremely successfully and profitable co-operative consulting firm on business development. Likes to trade high-risk stocks, puts money into high-risk interest bearing accounts and likes to give random unsecured loans to strangers"

I understand there's a ton of bashing of crypto, but I think that looking at a unknown sub-cultures language and assuming that they are purposely using jargon antagonistic to outsiders is rather closed minded. As someone who dipped their toe in, but still doesn't understand, they have been extremely helpful in explaining the concepts even when I argue against them.

Slang:= (in tech) shortcuts for meaningful technical information

Watchwords:= seemingly slang, but conveys only group membership

Crypto Watchwords:= seemingly slang, but conveys only group membership. Group membership revoked if you try to define any of those watchwords at a first principles level (which is precisely why a group of young people raised on NFT's doesn't understand the possession/copyright ownership split)

It’s entirely possible that that’s exactly what happened. The space is awash with people that got lucky in the initial boom and have convinced themselves (and a few others) that they’re investing geniuses and not just lucky fools. Come to think of it, this phenomenon isn’t limited to bitcoin, although the signaling behavior is quite different than a VC that’s gotten lucky once.

How can they take themselves seriously?

No idea why the other comment is dead. It's obvious the entire thing is a way for them to con some suckers into giving them what is basically a golden ticket to a life without any worries. They don't take themselves seriously. They're laughing all the way to the bank.

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