You know I have little sympathy for these 'victims'. I used to speak in clubhouse rooms to the shills and the hodlers. The reaction to any dissent was astonishing. They were like a cult. In many ways the group was a cult. The promise of something for nothing created a lobby of the purist arrogance I've ever witnessed. I think they got exactly what they deserved. Those people earned their poverty.
Everyone profiled seems young enough to have time to bounce back.<p>Separate, but related note: how far down does culpability run? In finance, bonuses and similar are subject to clawbacks in cases of wrongdoing. Should that be the case for senior coders at these firms?
I wonder who the "They" are in this story. They remind me of a high yield stock investment product I was suckered into and lost everything on around 2008. Every generation will have to learn "There ain't no such thing as a free lunch".
I can’t feel sorry for people who take a line of credit and use it to put it in cryptocurrency.<p>Maybe its schadenfreude, but I feel they all got what they deserved. Trying to make 7 percent returns risk free is asking for hidden risks.