Social media is an important aspect of Bitcoin and shares many of the same ideals, mainly that of empowering individuals. Social media allows the circumvention of the usual media outlets as coverage in mainstream media is very negatively biased against Bitcoin. It plays an important role in allowing people to do their own research, form their own opinions and connect with other advocates.
Whether your looking to increase your knowledge about blockchain, investing, trading, specific cryptoassets, market news and opinion then social media is the best place to find this or point you in the best direction online for further resources.
Words of caution on a few things to bear in mind with Bitcoin social media:
-ALWAYS do your own research, do not blindly believe and act on what you see online
-Some places can become echo chambers so always seek opposing opinions
-Some people can be fanatical about a cryptoasset they own, it can be very tribalistic
-A lot of misleading propaganda is out there
-A lot of scams take place via social media
-Trust no one
Places that we like to visit and some recommendations:
Twitter – a lot of Bitcoin Twitter accounts are anonymous. Do not be put off by this, it’s a result of security conscious bitcoiners not wanting their details public. A great list to find relevant accounts.
Reddit – start by subscribing to r/Bitcoin
Telegram – you can join @bitcoin and then find and join other channels of exchanges, trading groups, developers etc….
Bitcoin Talk Forum – the original Bitcoin social media, start by joining and following the Bitcoin related discussions
Facebook – we do not really recommend Facebook as little Bitcoin discussion takes place there.
YouTube – there are a lot of YouTubers putting out questionable content as well as some good ones. Start by subscribing to Andreas M Antonopoulos, Magical Crypto Friends, World Crypto Network and local Louis Thomas.
Podcasts – find the type/style you enjoy most, such as Unchained, What Bitcoin Did, The Pomp Podcast, Tales From The Crypt, Stephan Livera or The Bitcoin Knowledge Podcast.
Choose what type of information you want and which social media most suits you, start small and slowly over time you will build a list of trusted and reliable sources of information to keep your finger on the pulse of Bitcoin with little effort.
If you have any recommendations for other groups or people worth following then let us know.