Crypto’s emphasis on community could lead followers off a cliff
The idea of the “family” culture that so many businesses push for is seeping deeper into the crypto world as communities are formed on a sometimes toxic, cultish stance to unwaveringly back the projects they are invested in.
Don’t get me wrong, some parts of the crypto community are great — I’m a part of a few communities myself — but when it’s misused, it can lead to the blind leading the blind. Sometimes off a cliff.
Last month, Do Kwon, the founder of Terraform Labs (TFL) — the organization behind the now-dead algorithmic stablecoin TerraUSD (UST) and cryptocurrency Terra (LUNA
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