How an anonymous crypto confession box is revealing investors’ tales of loss and despair
26.07.2022 - 21:23
/ msn.com
crypto confession box is offering a glimpse into life as an investor during 2022’s crypto winter of discontent. The Coinfession Twitter account is where investors divulge their darkest secrets of loss, heartbreak, and occasional success, to 80,000 strangers online. The sometimes hilarious, often absurd and at times tragic tales are posted anonymously.
Often, the tales of woe are shared by people who haven’t even told their story to those closest to them. Charlie, the creator and curator of Coinfession, tells The Independent in his first interview that the anonymised submission process means he has no way of verifying if the confessions are true. And besides, he says, that’s not really the point.
“Loads of people will message me saying, ‘oh this is bulls**t’. I’ll be like, ‘well it might be. I don’t know if it is,’ and ultimately I don’t think it matters.
If you take something from it, great. If you don’t, you don’t. ”The Twitter account has steadily gained thousands of followers since launching in April, and become something of a soothing balm for many of those burnt by their own impulsive decisions.
Many commenters say they feel better to see that there’s someone even more reckless out there than they are. Like those who submit their candid revelations, Charlie maintains a largely anonymous online profile. He’s only prepared to share his first name, and that he’s a digital designer from the United Kingdom in his mid-30s.
Coinfession receives anywhere from 40 to 100 entries each day, says Charlie. They’re sent via Google document, and no contact information or ID is required. He then screens them for plausibility, relatability, specificity and quirkiness, and only posts around one in ten.