this post was submitted on 05 Jan 2024
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No, but some are arguing that they might be due to peer pressure (which I find unlikely in this particular case, but if someone can be peer pressured into wasting $48,000 on digital assets, they probably can easily afford it), or gambling addiction (which also seems unlikely to apply in this case), since those are common causes of people (especially children) wasting money on microtransactions.
peer pressure and ones wealth is probably inversely related if anything.