Angus Colwell Angus Colwell

The nihilistic rise of ‘loss porn’

Reddit investors have found a new way to cope with their bad luck

It’s been a terrible few weeks for that guy you know. Bitcoin dropped to a ten-month low (apparently thanks to something called ‘stablecoins’), while $1 trillion has been wiped off the largest tech companies on the stock markets. ‘Retail investors’ – non-professionals with little more than an internet connection – are struggling.

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