Comment by padolsey

It's been interesting to see bitcoin and blockchain migrate from tech infrastructure to the mainstream. I had a chat to an electrician recently who lost an apprentice because they wanted to go 'all in' on trading crypto. Electricians and other tradespeople are in short supply here in the UK and he just couldn't understand why someone would forgo a solid career for something so flakey. He felt he'd lost this apprentice to a cult. Just one anecdote but it's interesting how similar the furor of crypto is to that of religious dogma, with many people claiming prophetic foresight, and going all in on the dogma both to self-rationalize their risk-taking and for FOMO. There is, as well, a lot of economical turbulence in peoples' lives at the moment, meaning they're more likely to turn to gambling and risk-taking.