2017 will go down as the year that everyone in bitcoin got rich, not on cryptocurrencies, but on the rich memes that were in such plentiful supply. If there was one upside to all the in-fighting, name-calling, and mud-slinging, it was the dank memes that were spawned. News.Bitcoin.com’s resident memologists have rounded up a few of their favorite bitcoin memes from 2017.
X on the Blockchain
Bananas, beer, and sex on the blockchain were just some of the questionable crypto projects devised this year. Quite why they needed a distributed ledger was never made clear, but by December we hit Peak Blockchain with non-crypto companies adding the word to their name just for keks – and for the instant bump in share price it guaranteed.
Did Satoshi intend bitcoin to be used for microtransactions? Did he anticipate the inevitability of bigger blocks? And did he envisage centralized mining pools? The answers to those questions are easy – just ask the many experts on Satoshi’s vision.
The Tether Money Printing Machine
Tether didn’t give us much proof that it holds any dollar reserves for all those tethers it keeps issuing, but it did give us some great memes.
Bitcoin Terrorizing Altcoins
For large spells of 2017, altcoins cowered in terror as bitcoin battered them black and blue. Alt traders rattled off increasingly desperate tweets hashtagged #altsareback and #prayformybags but bitcoin, playing honey badger, was in no mood for mercy.
A Decentralized Y
“Y is a decentralized platform that will disrupt the Z industry by creating a new paradigm.” So began every crypto white paper this year. See also “X on the blockchain”.
Hide the Pain Harold
Everyone’s favorite stock photo senior Harold was reimagined as the grandfather who finally caught bitcoin fever and bought at the top. The meme first started becoming popular around the $9,000 mark, which turns out to have been nowhere near the top. No pain for Harold: only sick gains.
Sir You’ve Been in a Coma
Distracted boyfriend was all over the internet this year, and the cryptocurrency community was no exception. In terms of exploitable mainstream memes, distracted boyfriend has to go down as one of 2017’s best.
Trader’s remorse, either from not buying bitcoin or selling too soon, was a recurring theme. One of the best manifestations of the crippling anguish this can induce was captured by traders on 4chan’s /biz/ messageboard, where pink wojaks became the reaction image of choice.
Telegram Sticker Packs
Many of the freshest crypto memes were to be found in Telegram’s trading groups, where the best were collected into sticker packs. Whether it was Pepe gleefully watching markets moon or Drake turning away from red candles in anguish, crypto stickers said more than words ever could.
Whatever 2018 holds for bitcoin, here’s hoping it comes bundled with a flurry of dank memes. Scaling solutions, decentralized exchanges, and atomic swaps are all well and good, but without humor our world of magical internet money would be a darker and hollower place.