Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details

FUD: The true meaning of Crypto language

CryptocurrencyOct 27, 2021 07:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
FUD: The true meaning of Crypto language

  • ‘FUD’ refers to the negative undertones of a discussion or article regarding events in the crypto market.
  • Developers and executives utilize ‘FUD’ to hide apparent community concerns regarding the state of the projects.
  • Individuals label factual data as ‘FUD’ even though it holds supporting arguments.

Bitcoin as a culture has evolved through digital social circles, enabling information to be distributed without filters and much debate. Thus, any negative references and remarks towards Bitcoin were labeled as ‘FUD’ – fear, uncertainty, and doubt. The use of the acronym is not exclusive to blockchain, also being prevalent within the financial and technological sector.

Where’s the FUD!

Gene Amdahl more broadly introduced the concept of ‘FUD’ in 1975 after leaving IBM (NYSE:IBM) and using the acronym to create a sales correlation to improve its brand positioning. Moreover, after the 1990s, ‘FUD’ became popularized as a term for spreading dubious and false information about competitors, creating propaganda-like intentions.

In the context of Bitcoin, ‘FUD’ was initially well-intentioned as it referred to users arguing against Bitcoin and in favor of using government-issued currencies. However, since then, ‘FUD’ has become more of a marketing arsenal for crypto communities, as it became used by both projects and users alike to retaliate against possible misinformation.

One Discord user, who preferred to remain anonymous, highlighted that users use the term ‘FUD’ when engaged in conversation because “they don’t have critical thinking or argumentative skills” and so default to a form of defensive mechanism.

FUD… There’s no Real FUD Anymore!

When dissected thoroughly, most of the media information that’s made available is factual, at least, that which comes from reputable media sources. Thus, claiming that media outlets spread ‘FUD’ is inaccurate. Similarly, users making remarks about project developments are shunned using the word ‘FUD.’ One Discord user told DailyCoin that individuals who rely on answering questions by saying “FUD,” “can’t see beyond their own point of view.”

This issue is, of course, not exclusive to the crypto market. As BoE Governor Mark Carney highlighted, the financial sector faces the same problems, which entails the use of ‘FUD’ as a marketing and dismissal factor is not native to the crypto sphere.

Bill Brenner argues that there are instances where ‘FUD’ is “justified,” because it uncovers concerns about a project or its status, with the difference being just that ‘FUD’ callouts are actually intended as constructive criticism, which not all are receptive towards. A Twitter (NYSE:TWTR) user told us that “social media is not a place for constructive commentary.” On the other hand if the locale for the success of Bitcoin and other emerging blockchain technologies isn’t social media, then where is it?

On The Flipside

  • Concerns about cryptocurrency scams and illicit activities are not ‘FUD’ if data backs it.
  • FUD is accurate when statements are clearly ill-intended without any backing.
  • The term ‘FUD’ is an accepted and normalized term in the industry.

Can FUD Be Constructive?

Crypto is a wild west, and using the term ‘FUD,’ in an argument will never be an agent for generating constructive discussion. Reddit user “thenorthrupthebandgeek,” highlighted that ‘FUD’ is not used as a guerilla marketing tactic for crypto communities to promote their own project. Moreover, such actions support the argument put forward by Jackson Palmer of Dogecoin, that crypto is a “cult-like” mechanism to get rich.

Coindesk reported in 2018 that the XRP Army saw every criticism towards XRP as ‘FUD’; even Ripple’s own media statements were attacked if they didn’t align with the community’s “only up” prerogative. Thus, ‘FUD,’ in most cryptocurrency community interactions, is used to discredit anyone challenging the norm, even when the claims being made are factual. For example, one Discord user told us that “when I had honest questions, I was blamed for creating FUD.”

Thus, ‘FUD’ has become a tool that helps projects to maintain their narratives, despite any incongruences found in their statements, progress, or financials. Even Charles Hoskinson used the term ‘FUD’ after concerns arose around Cardano’s concurrency issues.

Why You Should Care?

When project members, or the majority of the members of a community respond to well-founded concerns and questions about the status of a project with the term ‘FUD,’ it raises several red flags about the trustworthiness of your investment.


Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

FUD: The true meaning of Crypto language

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email