This is two-part blog post exploring the world of tribalism in the crypto space. This blog post is based on a solo Crypto Unplugged Podcast episode published on the 7th July 2022. Read part one here.

Introduction

In Part 1 of this blog series, we delved into the intriguing world of cryptocults and tribalism within the crypto space. Today, we'll continue exploring this fascinating topic and analyse the reasons behind people's involvement in these groups. From vested financial interests to the allure of decentralisation and the power of charismatic founders, there are numerous factors driving individuals to become part of cryptocults. As we explore these reasons, let's also consider the impact of tribalism on the crypto community and its potential consequences.