Crypto tropes: A translation
Project X has solid fundamentals
Translation: I don’t know what fundamentals are
We love our community — we have the best community in the world
Translation: Can you believe these idiots actually buy this rubbish 😂 Right, whose round is it?
We’re going to change the world
Translation: Our product will never be used by anyone
Nothing has changed since January, I’m just thankful for this cheap crypto
Translation: I’m wilfully ignoring that most ATHs were momentary and artificially high rather than face the truth
I don’t care about the prices, I’m just in it for the tech
Translation: I’m in it so I can buy a jetpack
We just signed a huge partnership
Translation: We paid massive amounts of money just so company X would engage with us
Dude look at this, they’ve got such a solid team
Translation: I could find most of the team members on LinkedIn
1m tps confirmed: We’ve solved the scaling problem
Translation: Disclaimer — we’ve got rid of all the stuff that makes the tech useful
Stop spreading FUD
Translation: Stop explaining actually important news which will have a massive impact on price just because I don’t like to hear anything that doesn’t conform to my own beliefs that everything is sunshine
With Product X, we’re decentralising everything
Translation: Even though we’re a registered and regulated company and control 90% of the token supply and run all of the nodes, we’ve now got a token which we completely premined so really when you think about it we actually are decentralised
Seriously guys, I can’t believe the price isn’t going up. How much more good news does it take?
Translation: Price has risen tens of thousands of % in the last year, but has remained flat for two straight days