Corner those experienced within cryptocurrency’s ecosystem, and they’ll admit something akin to addicts exist. That fine line between obsession and irrational exuberance is probably best exemplified in wild price fluxuations, furious buying and selling. At least one historic county in Scotland, Peeblesshire (Siorrachd nam Pùballan), believes they’ve identified bitcoin addicts, and are beginning to treat them in the same manner as those with similar attractions to gambling.
Also read: Bitgrail Exchange Ordered Down Indefinitely as Italian Court Upholds Halt
Castle Craig Hospital
Bitcoin Addicts are a Thing in Scotland
Crypto addicts could do worse, and that’s for sure: Scotland’s Castle Craig Hospital addiction treatment center is a bucolic, sprawling campus seemingly designed to induce calm and reflection. It’s also home to a first of sorts, according to regional press: a concentrated program set to dealing with a growing phenomenon, cryptocurrency addiction.
The hospital’s creative writing coordinator and gambling therapist, Christopher Burn, explains how the “high risk, fluctuating cryptocurrency market appeals to the problem gambler. It provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains and losses were made. It’s a classic bubble situation.”
Christopher Burn
Mr. Burn can be temporarily excused from jumping his lane into speculative finance; a good guess is literally no one seeks him out for economic analysis. But the rest of his point can be valid in the sense of popular anecdotes. At what time in the journey from regular, functional adult to 21 year old Canadian living in a car to save money in order to buy lesser-known crypto is it an addiction? What if the example does not involve a ballsy single dude; instead, it’s a family of five with three children,
