01-16-2023, 02:42 PM
The thing I hate the most about our little crypto community
<!-- SC_OFF --><div class="md"><p>The conspiratorial thinking.</p> <p>I understand that Crypto does attract people with a more outside-the-box thinking and those willing to take risks other would rather not. It is what it is.</p> <p>But I must say it is sometimes disheartening to see all kinds of wild conspiracy theories about the world and victimization floating around so casually in our community (twitter, telegram, etc). We get the gamut of conspiracy theories, that range from the rather germane, but still unhealthy, "<em>they</em> want to get us" to the more elaborate "the WEF is behind it all", to the deep cesspool of dangerous anti-Semitic tropes.</p> <p>That is not good and for a whole host of reasons.</p> <p><strong>The more immediate one is that it skews your understanding of reality.</strong> </p> <ul> <li>Conspiracy theories do have an internal cohesion between its different parts. The problem is that this evidence is either incomplete or outright wrong "facts". It is not hard to link A to B but it is far harder to stablish a causal relation between the two. The fact that Banks don't like crypto does not mean that they are behind market movements. You'd need more evidence than a mere "Bank A said X, market took a downturn the next day, <em>they are out to get us</em>." When you add up simple reasoning, you end up missing the bigger picture of what moves and what doesn't move the market and you start to make some really bad decisions. There is no <em>they</em> and, unless someone clearly states who <em>they</em> are and what <em>they</em> did, pointing clear evidence to that effect, he is probably trying to swindle you. Don't fall for easy narratives.</li> </ul> <p><strong>The more extreme results of conspiratorial thinking in the markets is that it begins to spew over to other aspects of life.</strong> </p> <ul> <li>You start to see conspiracies that go beyond the market and that begins to affect your life and relationships. One I've been seeing with increasing frequency is the one that paints the WEF as some sort of modern age Illuminati or Free-Masonry, silently and overtly pulling the strings behind everything. The connection to finance and crypto is rather evident, since they often talk about reformulating the economy. That does not mean, whether you agree with them or not, that changes in culture, finance and society are directly tied to the actions of a few people in the WEF secretly pulling the levers of power behind the curtains. </li> </ul> <p><strong>Politics are messy, power is diffused through a host of different actors, interests, institutions and traditions all bouncing against one another trying to push their own agenda.</strong> </p> <ul> <li>The WEF and whomever is behind it is just one such actor and you cannot see their actions in isolation from this entire ecosystem of competing interests. The absolute majority of what happens in the world is the result of compromise that rarely leaves all the involved parties satisfied and not the unilateral imposition of will by one group. If this is ignored, people soon fall into a dark echo chamber of reinforcing conspiratorial thinking that leads to all the madness we currently see in the fringes of our culture.</li> </ul> <p>If sober interpretation of reality does not prevail, people will be sucked into hating each other for no good reason, be it because they belong to a particular ethnic group, or a political party, religion, etc. Case in point is how many people overtly point to the ethnicity of prominent people in the WEF trying to stablish some causal relation between the two things repeating all kinds of hateful racial tropes that brought so much suffering. This may be the extreme end of conspiracy theories, but it is one whose path leading to it is all too well known, and one that frequently begins with the less worrying conspiracy theories I mentioned above.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gorillamutila"> /u/gorillamutila </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10cragq/the_thing_i_hate_the_most_about_our_little_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10cragq/the_thing_i_hate_the_most_about_our_little_crypto/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>The conspiratorial thinking.</p> <p>I understand that Crypto does attract people with a more outside-the-box thinking and those willing to take risks other would rather not. It is what it is.</p> <p>But I must say it is sometimes disheartening to see all kinds of wild conspiracy theories about the world and victimization floating around so casually in our community (twitter, telegram, etc). We get the gamut of conspiracy theories, that range from the rather germane, but still unhealthy, "<em>they</em> want to get us" to the more elaborate "the WEF is behind it all", to the deep cesspool of dangerous anti-Semitic tropes.</p> <p>That is not good and for a whole host of reasons.</p> <p><strong>The more immediate one is that it skews your understanding of reality.</strong> </p> <ul> <li>Conspiracy theories do have an internal cohesion between its different parts. The problem is that this evidence is either incomplete or outright wrong "facts". It is not hard to link A to B but it is far harder to stablish a causal relation between the two. The fact that Banks don't like crypto does not mean that they are behind market movements. You'd need more evidence than a mere "Bank A said X, market took a downturn the next day, <em>they are out to get us</em>." When you add up simple reasoning, you end up missing the bigger picture of what moves and what doesn't move the market and you start to make some really bad decisions. There is no <em>they</em> and, unless someone clearly states who <em>they</em> are and what <em>they</em> did, pointing clear evidence to that effect, he is probably trying to swindle you. Don't fall for easy narratives.</li> </ul> <p><strong>The more extreme results of conspiratorial thinking in the markets is that it begins to spew over to other aspects of life.</strong> </p> <ul> <li>You start to see conspiracies that go beyond the market and that begins to affect your life and relationships. One I've been seeing with increasing frequency is the one that paints the WEF as some sort of modern age Illuminati or Free-Masonry, silently and overtly pulling the strings behind everything. The connection to finance and crypto is rather evident, since they often talk about reformulating the economy. That does not mean, whether you agree with them or not, that changes in culture, finance and society are directly tied to the actions of a few people in the WEF secretly pulling the levers of power behind the curtains. </li> </ul> <p><strong>Politics are messy, power is diffused through a host of different actors, interests, institutions and traditions all bouncing against one another trying to push their own agenda.</strong> </p> <ul> <li>The WEF and whomever is behind it is just one such actor and you cannot see their actions in isolation from this entire ecosystem of competing interests. The absolute majority of what happens in the world is the result of compromise that rarely leaves all the involved parties satisfied and not the unilateral imposition of will by one group. If this is ignored, people soon fall into a dark echo chamber of reinforcing conspiratorial thinking that leads to all the madness we currently see in the fringes of our culture.</li> </ul> <p>If sober interpretation of reality does not prevail, people will be sucked into hating each other for no good reason, be it because they belong to a particular ethnic group, or a political party, religion, etc. Case in point is how many people overtly point to the ethnicity of prominent people in the WEF trying to stablish some causal relation between the two things repeating all kinds of hateful racial tropes that brought so much suffering. This may be the extreme end of conspiracy theories, but it is one whose path leading to it is all too well known, and one that frequently begins with the less worrying conspiracy theories I mentioned above.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gorillamutila"> /u/gorillamutila </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10cragq/the_thing_i_hate_the_most_about_our_little_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10cragq/the_thing_i_hate_the_most_about_our_little_crypto/">[comments]</a></span>