Status is very important in the computer underground and experienced hackers want to guard theirs’ against the newcomers. Hacker turnover is very rapid because of the short frame in which typical people will hack, and the high rate of technological change. Many people will only hack for several years, until they get busted, retire, or go to college, and thus there is always a relatively large influx of newcomers. As shown above in the Phrack interviews, some of the nostalgic discourse which is mentioned in more detail below comes to play within the hacking community, as the older hackers revere the "good old days," which may be as recent as the late eighties or early nineties.

‘Elite’ is actually used more outside of hacker circles, but it still exists within the hacker community as a way of identifying who has the highest status. If you are elite then you would have access to private BBSes (which often required recommendations before they would give you a username), or to a special sub-board on a BBS which was otherwise hidden, to a private FTP site (with "special" files), and to chat sessions. Distinguishing between the "elite" and "lamers" also allowed hackers a measure of protection against undercover law enforcement by limiting the people they would discuss hacking techniques, and more critically specific exploits, with to fellow hackers. But it was primarily used as a status boundary.