RATE Group | New CNBC Documentary Explores the Cultism of Bitcoin
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New CNBC Documentary Explores the Cultism of Bitcoin

26 Aug New CNBC Documentary Explores the Cultism of Bitcoin

Posted at 21:43h in Bitcoin News by

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New CNBC Documentary Explores the Cultism of Bitcoin

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To outsiders, Bitcoin is a weird and wacky cult. Its devotees adhere to their own acronym-filled jargon, and have monetary theories that would make an economist blanch. Some of the movement’s more maverick characters are to be profiled in a CNBC documentary premiering this Monday. “Bitcoin: Boom or Bust” looks to be crass and compelling in equal measure.

Also read: Bitcoin Journalist Pioneer: Jamie Redman Has Over 2,000 Articles Published

HODL and Other Acronyms

It’s not even aired, and CNBC’s new Bitcoin documentary has already ired the community it’s depicting. From the 90-second trailer alone, Bitcoin purists have found plenty to pick on, including the widely shared misconception that “hodl” is an acronym for “Hold on…

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