The Essential Goodness of the Crypto Community


Quite a few people have been complaining about the cryptocurrency community lately. And to be fair, they have legitimate reasons: Many get-rich-quickers, corporate sellouts, and outright scammers have shown up recently.

But it’s far too easy for us to focus on the malicious and the misguided. The bulk of the crypto community are decent people, even if they’re unsure of the best paths forward. (No surprise in that, with perfect knowledge remaining scarce on this planet.)

What I want to point out today is that most of these people are caring and decent. And here’s why I say that:

A couple of weeks ago one of the best Bitcoin advocates, Andreas Antonopoulos, rather publicly admitted that he had serious money problems of his own making. (If you don’t think that takes guts, imagine doing it yourself… after first imagining yourself way out and alone in front of millions of people… including plenty of immature trolls.)

And Andreas did get critical comments. But then something else happened: Hundreds of people – many hundreds, I think – stepped up to help him. Andreas has been working full time to promote Bitcoin for years and has done it well.

And people had noticed.

And they remembered.

And they cared.

Over the following days, hundreds of people signed on to be his patrons and lots of people made Bitcoin donations… in some cases giant donations. (Emphasis his.)

As a result Andreas will not have to worry about money for a long time. He can continue (and expand) as an independent voice for cryptocurrencies.

Out Here on the Frontier

Cryptocurrencies, while gaining some measure of acknowledgement, even if not acceptance, remain a frontier technology. For those of us out on the frontier, there is no one to help us when we fall except a few others like ourselves.

A few weeks ago, one of us fell… and the other frontier-dwellers ran to him and helped him back up.

The people on the frontier are good people. They just proved it.

So, acknowledge problems in the crypto community when you see them. Fix them if possible. But don’t go negative. Once you start “fighting the threats,” inertia will carry you forward into finding one new threat after another, and you’ll end up like Inspector Javert, feeling ever so righteous about enforcing purity.

Killing the bad, I’m here to tell you, is a dead end. Your job, rather, is to build the good.

So, evade errors as they appear. But far more importantly, help each other, improve each other, find better ways, and share what you find.

Keep building a better world. All else is detail or distraction.

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Paul Rosenberg