Cryptocurrency trades on the same impulses as gambling addiction: https://www.theguardian.com/technology/2022/jan/15/trading-is-gambling-no-doubt-about-it-how-cryptocurrency-dealing-fuels-addiction (Note that I have some hesitancy about “addiction” as and how loaded it is, so if that is causing a sticking point, just replace it with “unhealthy, habituated behavior”.) #gambling #addiction #cryptocurrency #scams #mentalhealth
@insomniacviolin Companies make goods and provide services that consumers use for meaningful purposes. Cryptocurrencies are almost entirely dumb scams.
@koavf that's why I kinda liken it to the stock market- gotta pump real money in for it to work. Even with investing you get a tiddlywinks amount on your return. Like I have an account I forgot about and get under $2 a week in interest. Yeah. That'll take me real far on life 😒
@koavf I kinda like cryptocurrency to the stock market with certain little differences. People have to pump money into the system for it to work too and get barely anything from mining. Prove me wrong.