Note: This is a repost of a piece I wrote in July 2021. Crypto is one giant game where people transfer both money or status to projects (coins, tokens, protocols) to try to win more money or status in the future. You’ve learned all about the money part, but not about the status part. Status is a combination of a person or project’s reputation, credibility, and value. It represents how important a person or project is in the crypto economy. People want high status because it provides them with...