Crypto

‘Crypto Winter’ Sparks Game of Thrones Jokes on Twitter

Social media posters, mocking a downturn in the cryptocurrency market, are using a popular HBO series to make jokes.

Earlier this month, Tyler and Cameron Winklevoss, co-founders of Gemini, a bitcoin and cryptocurrency trading company, said the industry is currently experiencing a “crypto winter,” possibly a play on “winter is coming,” the House Stark’s motto on HBO. Serie Game of Thrones. In their blog post, the Winklevoss twins, who sued Facebook and later settled, describe the “crypto winter” as a “phase of contraction turning into a period of stasis.”

In an article titled “Crypto Winter Is Coming: What You Need to Know,” Forbes notes that just as “winter is coming” was a warning about the possibility of a war at one point, those in the cryptocurrency market “need to remain vigilant and be prepared for chaos to take over the market without much warning.” . Earlier this week, Coinbase, a digital currency exchange, laid off 18 percent of its employees.

Twitter users joke about "crypto winter"
Some on Twitter are poking fun at the crypto winter using the popular Game of Thrones series. In the photo, statues from the series are seen during a study tour in Banbridge, Northern Ireland, on February 2.
PABLO FE/AFP/Getty Images

Game of Thrones, starring Emilia Clarke, Maisie Williams and Kit Harrington, lasted for eight seasons and came to an end in 2019. However, HBO is not done with the game of Thrones universe. A series of prequels, dragon House, It will be released in mid-August.

Some Twitter users took this term and used it, making light of “crypto winter” and invoking game of Thrones in the process.

One man mentioned that game of Thrones he may have been prescient when he came up with the phrase.

“Who knew Game of Thrones was talking about crypto when they said winter was coming?” she posted.

One person said that a crypto winter is the perfect excuse to rewatch the show.

“Gm everyone! It’s Crypto Winter. Alright! For those of you still here, let’s rewatch/watch Games of Thrones together,” the Twitter user wrote.

Another user posted: “GM y’all. Crypto winter in summer. This is what Game of Thrones warned.”

A Twitter user posted a quote from the series to explain crypto to those unfamiliar with digital currency.

“Oh, my sweet summer child, what do you know about fear? Fear is for winter, when the snow falls a hundred feet deep. Fear is for the long night, when the sun goes down for years and the children are born, live and die, all in darkness”.

Someone else said that the problems for the cryptocurrency markets came before the characters in Game of Thrones.

“Crypto winter is here and Coinbase is in trouble. Winter came before Games of Thrones. #cryptowinter.”

One account, Using a still from the series, he asked others what they thought of “crypto winter.”

One user mentioned that “game of Thrones it’s a good metaphor for the whole space,” referencing “meaningless tribal fighting while crypto winter is always on the horizon.”

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