Podcast Hack
Cryptocurrency: A New Generation of Addicts?By Today in Focus, Nosheen Iqbal, Michael Safi

In a Nutshell

Business reporter Rob Davies joins this February 2022 episode of The Guardian's Today in Focus podcast to discuss the parallels he sees between crypto traders and gambling addicts.

Favorite Quote

Part of the appeal is definitely that it's just a transaction between two people without the kind of interference of either the nanny state or often vested interests.

Rob Davies

Introduction

Bitcoin has become the catchall term for crypto, but thousands of digital currencies exist. There are also thousands of people with addictions to crypto trading, and the number seems to be growing.

Though trading in crypto is a form of gambling, there's no treatment or support system in place to help.

Hosted by Observer reporter Nosheen Iqbal and The Guardian international correspondent Michael Safi, The Guardian's Today in Focus podcast provides a deeper look into the stories behind the news headlines.

In this February 2022 episode, The Guardian business reporter Rob Davies talks with Iqbal about his reporting on crypto trading addiction and how society should get ahead of the growing problem.

Here are the 3 key insights from this Hack

  1. 1.
    The brain chemistry involved in crypto trading is the same involved in gambling
  2. 2.
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  3. 3.
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