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TEXXR

Chronicles

The story behind the story

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Survey finds direct correlation between the percentage of someone's net worth invested in crypto and negative impacts to their personal relationships

Joanna Ossinger / Bloomberg : Tweets: @business , @quinnypig , @counternotions , @trengriffin , @business , @jared_wade , @apompliano , @jessefelder , @iankar_ , @juthica , @paulgambles2 , @maxkeiser , @neerajka , @neerajka , and @mdudas Tweets: @business : About 60% of crypto investors say their belief or investments in the space have had a negative impact on their personal relationships https://www.bloomberg.com/... Corey Quinn / @quinnypig : “A fanatic is one who can't change his mind and won't change the subject.” https://twitter.com/... Kontra / @counternotions : “Many downsides of cryptocurrencies are well known: There's volatility, potential for thefts or hacks, and the chance of regulatory changes. Turns out, it may not help your social life, either.” (No way, people love libertarian tech bros & tax dodgers) https://t.co/EXYRer4ff7 Tren Griffin / @trengriffin : This is only true if the person can't stop talking about crypto. This is also true about Canadian junior mining stocks, lithium mines, flipping residential real estate and investing in self-storage facilities. Few understand this. https://www.bloomberg.com/... @business : About 60% of crypto investors say their belief or investments in the space have had a negative impact on their personal relationships https://www.bloomberg.com/... Jared Wade / @jared_wade : The remaining 40% have simply never actually spoken to another human being https://twitter.com/... Pomp / @apompliano : Buried in this article is the quote “Crypto might sometimes improve relationships or boost satisfaction, too.” These people aren't even pretending to be unbiased anymore. https://www.bloomberg.com/... Jesse Felder / @jessefelder : “This makes the crypto PR machines' ‘mainstream acceptance’ mantra sound ever more hollow. Except for the lucky few, I fear that cryptocurrencies' path will be littered with human tragedies.” https://www.bloomberg.com/... Ian Kar / @iankar_ : Do fintech next https://twitter.com/... @juthica : many don't understand what it's like to be in this space, the sustained risk and volatility and stress even when things are good all they see from the outside are dollar signs https://www.bloomberg.com/... Paul Gambles / @paulgambles2 : 25% of those who invested <10% of their net worth into crypto have seen a negative impact on their personal relationships, which rises to 73% for those who invested 10%-25%, 94% for those who've invested 50%-75% & 100% for those who invested 75% or more of their net worth https://twitter.com/... Max Keiser / @maxkeiser : Au contraire, #BTC has taken ⁦@maxkeiser⁩ ⁦@stacyherbert⁩ on an incredible, global, romantic 🧡 adventure for 10 yrs to 50 countries, meeting smart, beautiful people while getting stinkin rich. These folks must be doing it wrong https://www.bloomberg.com/... Neeraj K. Agrawal / @neerajka : bitcoin ruined my life. i could have been a mid level corporate drone who gets all of their opinions from john oliver. but i would have been happy https://twitter.com/... Neeraj K. Agrawal / @neerajka : i suspect that if you were already prone to being annoying, getting into crypto only made things worse. but if you're normal you're probably fine https://www.bloomberg.com/... Mike Dudas / @mdudas : Bloomberg's undefeated crypto violence campaign continues unabated: “Except for the lucky few, I fear that cryptocurrencies' path will be littered with human tragedies.” https://www.bloomberg.com/...

Bloomberg Joanna Ossinger

Discussion

  • @business @business on x
    About 60% of crypto investors say their belief or investments in the space have had a negative impact on their personal relationships https://www.bloomberg.com/...
  • @trengriffin Tren Griffin on x
    This is only true if the person can't stop talking about crypto. This is also true about Canadian junior mining stocks, lithium mines, flipping residential real estate and investing in self-storage facilities. Few understand this. https://www.bloomberg.com/...
  • @jessefelder Jesse Felder on x
    “This makes the crypto PR machines' ‘mainstream acceptance’ mantra sound ever more hollow. Except for the lucky few, I fear that cryptocurrencies' path will be littered with human tragedies.” https://www.bloomberg.com/...
  • @business @business on x
    About 60% of crypto investors say their belief or investments in the space have had a negative impact on their personal relationships https://www.bloomberg.com/...
  • @jared_wade Jared Wade on x
    The remaining 40% have simply never actually spoken to another human being https://twitter.com/...
  • @apompliano Pomp on x
    Buried in this article is the quote “Crypto might sometimes improve relationships or boost satisfaction, too.” These people aren't even pretending to be unbiased anymore. https://www.bloomberg.com/...
  • @iankar_ Ian Kar on x
    Do fintech next https://twitter.com/...
  • @juthica @juthica on x
    many don't understand what it's like to be in this space, the sustained risk and volatility and stress even when things are good all they see from the outside are dollar signs https://www.bloomberg.com/...
  • @paulgambles2 Paul Gambles on x
    25% of those who invested <10% of their net worth into crypto have seen a negative impact on their personal relationships, which rises to 73% for those who invested 10%-25%, 94% for those who've invested 50%-75% & 100% for those who invested 75% or more of their net worth https:/…
  • @maxkeiser Max Keiser on x
    Au contraire, #BTC has taken ⁦@maxkeiser⁩ ⁦@stacyherbert⁩ on an incredible, global, romantic 🧡 adventure for 10 yrs to 50 countries, meeting smart, beautiful people while getting stinkin rich. These folks must be doing it wrong https://www.bloomberg.com/...
  • @neerajka Neeraj K. Agrawal on x
    bitcoin ruined my life. i could have been a mid level corporate drone who gets all of their opinions from john oliver. but i would have been happy https://twitter.com/...
  • @neerajka Neeraj K. Agrawal on x
    i suspect that if you were already prone to being annoying, getting into crypto only made things worse. but if you're normal you're probably fine https://www.bloomberg.com/...
  • @mdudas Mike Dudas on x
    Bloomberg's undefeated crypto violence campaign continues unabated: “Except for the lucky few, I fear that cryptocurrencies' path will be littered with human tragedies.” https://www.bloomberg.com/...