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With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to βvoiceβ their feelings. Ng Man-ho, a 27-year-old computer technician, was convicted last month of seven counts of incitement charges after he made use of the 100,000-member Chinese-language channel that he runs and manages to post "seditious messages," which had been shut down since August 2020. Earlier, crypto enthusiasts had created a self-described βmeme appβ dubbed βgmβ app wherein users would greet each other with βgmβ or βgood morningβ messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data. Developing social channels based on exchanging a single message isnβt exactly new, of course. Back in 2014, the βYoβ app was launched with the sole purpose of enabling users to send each other the greeting βYo.β There have been several contributions to the group with members posting voice notes of screaming, yelling, groaning, and wailing in different rhythms and pitches. Calling out the βdegenerateβ community or the crypto obsessives that engage in high-risk trading, Co-founder of NFT renting protocol Rentable World emiliano.eth shared this group on his Twitter. He wrote: βhey degen, are you stressed? Just let it out all out. Voice only tg channel for screamingβ.
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