TL;DR
A programmer, fearing mind control, burned $1M in ETH. His desperation reveals a harsh truth: in crypto’s unregulated landscape, paranoia and reality can blur, leading to devastating losses.
Story
John, a programmer, believed his life was controlled by brain-machine interfaces. Desperate, he burned 600 ETH (‹$1 million›) sending a sci-fi message: “Like puppets, we’re slaves to digital machines.”
Was John delusional? Maybe. But his story reveals a darker truth about crypto: blind faith can burn.
John’s act echoes the 2008 crisis where complex mortgage products became weapons of financial destruction. Like back then, many dive into crypto without truly understanding it. This naivety creates fertile ground for exploitation.
John’s case highlights a disturbing intersection of tech and mental health. While brain-control tech remains largely fiction, manipulation in crypto is real. Scammers, armed with buzzwords and promises, prey on those seeking easy riches.
‣ ETH: Ethereum’s cryptocurrency, like Bitcoin but with added features. ‣ Burned: Cryptocurrency sent to an unusable address, effectively destroyed.
John’s tragedy reminds us: verify everything. Don’t trust blindly. Be skeptical. Because in crypto’s Wild West, sanity is your best investment.
Advice
Don’t let buzzwords and fear cloud your judgment. Research before investing. If it sounds too good to be true, it probably is.