Everything insane about Bitcoin in 1 glorious Twitter feed

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By now it’s clear that Bitcoin, aside from making a few people rich and bankrupting a couple others, is the focal point for an entire manic subculture. Almost any message board has a thread devoted to the cryptocurrency, and many sites exist solely as forums in which to discuss (but mainly argue) about price fluctuations and the future of the market.

Obviously, only a crazy person would go wading through all that chatter. Instead, you may read a lovingly distilled version through @bitcoin_txt, a Twitter feed in the tradition of other context-obliterating accounts like @PUA_txt, which collects quotes from the pick-up artist community, or @fanfiction_txt, an ode to the bizarre imaginations of amateur authors. 

What you get by following @bitcoin_txt, meanwhile, is a unique blend of Libertarian Economics 101, resolute denial, half-baked techno-futurism, Photoshop memes, and of course—with an overwhelming majority of Bitcoin users being male—casual sexism. Especially in the wake of this week’s China-related crash, which saw Bitcoin prices plunge by 50% and stoked talk of investor suicide, some of these comments have been astounding. 

The die-hards always claim Bitcoin isn’t a bubble, but to all appearances, they’re living in it.

Photo by Antana/Flickr

Miles Klee

Miles Klee

Miles Klee is a novelist and web culture reporter. The former editor of the Daily Dot’s Unclick section, Klee’s essays, satire, and fiction have appeared in Lapham’s Quarterly, Vanity Fair, 3:AM, Salon, the Awl, the New York Observer, the Millions,  and the Village Voice. He's the author of two odd books of fiction, 'Ivyland' and 'True False.'