Abstract
The research aims to prove the assumption that the terminology of such an extraordinary socio-economic digital phenomenon as the cryptocurrency market is involved in the sphere of the Russian and English speakers’ metalanguage consciousness, and is subject to pronounced metalanguage reflection. Observation over "naive linguists" is a way to monitor lexical changes in both languages due to the emergence of the crypto market. Metalanguage reflection is understood here as the ability of an individual to reflect on the elements and patterns of language and speech: to observe the language, to notice new phenomena in it, to make generalizations, describe and explain the results of the observations. It has been shown that at present, both Russian and English speakers feel the need for clarification of the new terms and explicitly express this need. Analysis of the discourse on the Internet reveals a huge number of metalanguage comments in both Russian- and English-speaking segments of the Internet. A high degree of metaphoricity in the cryptocurrency language is noted. Another manifestation of metalanguage reflection is amateur lexicography. It was also found that professional cryptocurrency market participants feel the need for terminology standardization and are making attempts to do so.
Highlights
Language as an instrument for thought and communication always responds to what is happening among its speakers
The cryptocurrency market, understood as a complex of all known cryptocurrencies and their supporting infrastructure is a remarkable layer of today's economy and an element of economic culture
This paper has examined the explicit manifestations of metalanguage reflection upon the cryptocurrency vocabulary among the Russian- and English speakers
Summary
Language as an instrument for thought and communication always responds to what is happening among its speakers. Proper understanding of many new words and combinations and fluency in them are impossible without strong interest of native speakers in the life of society as a process of communication, in which constant influx of new information implies a certain response. The authors suggested that the "neological boom" in the field of cryptocurrencies should definitely trigger its participants’ verbal reaction This assumption was confirmed, and the authors turned to examine the pronounced metalanguage reflection of the Russian and English speakers on the cryptocurrency terminology. This research paper is the first attempt to look at the crypto market vocabulary as the object for metalanguage reflection of Russian- and English-speaking users. Observation over "naive linguists" is a way to monitor lexical changes in both languages due to the emergence of the crypto market as a new digital economic phenomenon
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