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The Times podcast: Cryptocurrency’s addiction problem

An ATM that dispenses cryptocurrencies
A cryptocurrency ATM set up in a convenience store in Miami. Prices of the digital coins have experienced turbulence recently, and many have dropped.
(Joe Raedle / Getty Images)
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The ups and downs of cryptocurrencies such as bitcoin can bring quick wealth — or quick bankruptcy. It’s the hope for a huge payoff that keeps people hooked on these fluctuations, to the point where their attention turns to addiction.

Today, in the wake of the crypto market’s recent crash, we look at how obsessing over digital currency can affect people and their lives. Read the full transcript here.

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Host: Gustavo Arellano

Guest: L.A. Times wealth reporter Andrea Chang

More reading:

Amid crypto crash, trading can be an addiction: It’s ‘taking over my whole life’

Why is crypto crashing? A Q&A on bitcoin, luna and other falling cryptocurrencies

A beginner’s guide to cryptocurrency

About The Times

“The Times” is made by columnist Gustavo Arellano, senior producers Denise Guerra, Shannon Lin and Kasia Broussalian and producers David Toledo, Ashlea Brown and Angel Carreras. Our engineers are Mario Diaz and Mark Nieto. Our editor is Kinsee Morlan. Our executive producers are Jazmín Aguilera and Shani O. Hilton. Our theme song was composed by Andrew Eapen.
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