Researchers at the Center for Gambling Studies at Rutgers University-New Brunswick's School of Social Work have found a link between frequently trading cryptocurrency -- a digital and virtual currency -- and problem gambling. The study, the first to explore cryptocurrency trading among regular gamblers, suggests crypto trading appeals to people struggling to manage their gambling participation. The research appears in the journal Addictive Behaviors.As always, "social" "science" is either unnecessary or evil. "Proving" tautologies that no sane person ever bothered to doubt, or "proving" bizarre nonsense with zero connection to reality, or running torture chambers. No middle ground, no useful science. I'm not really bothered by the tautologous crap. I'm really bitching about the dangerous euphemism struggling to manage. This is a false description. Serious addictions are binary. Either you're firmly hooked or you're perfectly abstinent. Go or stop, on or off, 1 or 0. No middle ground, no struggling, no managing. When you're hooked you're not struggling or managing. You're just hooked. = = = = = And via ZH, another universal distortion of thinking related to bitcoin.
Some of bitcoin's harshest critics have likened the mother of all cryptocurrency to a pyramid scheme. But as thousands of marginal buyers have learned, that distinction can be subjective. But when it comes to OneCoin, a cryptocurrency project launched in 2014 that purportedly attracted more than $3.5 billion in investor capital, that label is unquestionably appropriate. To wit, federal prosecutors in Manhattan this week busted what they described as an "old-school" pyramid scheme supercharged by blockchain technology when they arrested one of the founders of OneCoin at LAX."Some critics have likened bitcoin to a pyramid scheme." "Some critics have likened automobiles to vehicles." "Some critics have likened circles to round things." "Some critics have likened sound to vibration." No. Bitcoin is a pure fraud. Painfully obvious from the start. No middle ground, no room for subjective judgment. When you start with the assumption that a scam is only subjectively viewed as a scam by its detractors, you are participating in the scam. You are an accessory to the fraud. = = = = = Sidenote for clarity: Some of the entities we treat subjectively are NOT perfectly binary, and truly deserve nuanced description. Tesla is not essentially a fraud. It's a company that produces and sells real cars. Elon uses cult hypnotism to create fraudulent impressions to boost his share value. In earlier eras when laws existed, he would have been prosecuted for those hypnotic tricks. But Elon could have continued building a small number of luxury cars WITHOUT committing any fraud. Sidenote for even more clarity: Well, no, Elon couldn't do that. Another executive could have continued to run the original company, contracting with Lotus to build a small number of luxury electric roadsters. Elon is physically incapable of honesty. He took over the honest company to use it as a tool for fraud.
The current icon shows Polistra using a Personal Equation Machine.