lifestyle

Crypto addiction: A hidden epidemic?

11 Comments
By Katy LEE and Ed JONES

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11 Comments
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Addiction? Maybe, but for many it is like they have joined a cult with its own language and lifestyle. I fear it will end badly for the majority.

-2 ( +2 / -4 )

Addiction is a personal problem. Some people are easily addicted to things for psychological reasons. The actual things they obsess over are not a problem. Bibliomania has bankrupted people, but is not a reason to ban books. Banning everyone from doing something because a small number of people have problems with it is insane - a malicious and backhanded way of manipulating society that is increasingly being used by politicians as an excuse for censoring the net and criminalising technologies that empower people.

3 ( +3 / -0 )

Banning everyone from doing something because a small number of people have problems with it is insane

And also irrelevant. You can’t ban cryptocurrencies. Governments can make it more difficult and even illegal to trade them, but they are impossible to eliminate.

2 ( +3 / -1 )

Governments around the world are under the USDollar currency thumb, so when the USA starts restricting crypto anonymity and decentralization, two keys that must exist for flourishing markets, then it'll be severely neutered. Their Patroit Act monster will continue. I think Edward Snowden warned of this before among other things, but instead of the US public rallying they fell in line, Republicans at that.

1 ( +2 / -1 )

Notice how everything that is inconvenient for the establishment is medicalised as abnormal but other things that should follow the same logic are perfectly acceptable?

Good explanation here: https://youtu.be/i92TadykR-k

-2 ( +1 / -3 )

Notice how everything that is inconvenient for the establishment is medicalised as abnormal

I wouldn't say the man's life in the article was normal or convenient, he needed help, found art as a method out of the storm (great art btw) and manages much better with a fuller understanding

1 ( +1 / -0 )

A remittance in Euro to my Tokyo bank account from a European bank took 5 days and about Yen 4,000 in total commissions.

Another remittance from an Exchange in Eastern Europe, in XRP (Ripple), to my Tokyo Exchange, took a few seconds and Yen 20 (twenty). I converted it to fiat and requested my Tokyo Exchange to remit it to my Post Office account. The Exchange charged a commission of Yen 250.

With such cool commissions you really get addicted.

Jacobo

2 ( +2 / -0 )

Made 3x what I would have in the stock market. Agree with GBR48.

1 ( +1 / -0 )

Yeah it's an addiction but to the sick gains of course!

0 ( +0 / -0 )

Don’t knock crypto. The fanboys will be offended. FOMO and pyramid schemes are the new black.

0 ( +0 / -0 )

The ease in which it is to trade is at everyone's fingertips. Thereby pumping exponentially more $ into crypto as well as stock markets. Spend a few bucks and HODL, it's the price of entertainment, nothing more. Don't make it a career. But to the point of the article, perhaps a mental health tax on these apps?

0 ( +0 / -0 )

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