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A family visiting Yellowstone National Park learned a valuable lesson: bears are smart. While driving in the park, they spotted a black bear on the side of the road and decided to take a few pictures from inside their car. Something they didn't think about? Locking their car doors.
The bear approached the vehicle and "managed to grab ahold of the door handle." Amidst the screaming of the kids in the backseat, the father managed to shut the door, "but not without effort."
Thankfully, no one was hurt—but stories like these are helpful reminders that sometimes, even when we feel safe, the dangers surrounding us are more complex than we can understand. Peter tells us that we should "be alert and of sober mind," because our "enemy the devil prowls around like a roaring lion looking for someone to devour" (1 Pet. 5:8).
Source: Ashton Edwards, “Black bear opens terrified family’s car door, family escapes unharmed,” Fox 13 Salt Lake City (6-17-16)
In a recent article in The Guardian, Oliver Burkeman describes how to be liberated from people-pleasing:
“Great news! I found the cure for my anxiety!!” the author Sarah Gailey once announced on social media. “All I need is for everyone I know to tell me definitively that they aren’t mad at me, once every 15 seconds, forever.”
I know how she feels. For years, I possessed a remarkable superpower: I could turn almost any work opportunity that came my way into an unpleasant emotional drama, simply by agreeing to do it.
Once I’d accepted a deadline or signed a contract, there was now another person in the world who might be growing impatient that I hadn’t finished yet, or who might end up disappointed in what I produced. And the thought that they might be harboring any negativity towards me felt hugely oppressive. This same overinvestment in other people’s emotions meant I was always saying yes to things I should really have declined, because I flinched internally at the thought of the other person feeling crestfallen.
It bears emphasizing that the people you’re worried might be angry with you, disappointed in you, or bored by you almost never actually are. The liberating truth is that they’ve got their own troubles to worry about…. As the novelist Leila Sales observes, poking fun at this tendency in herself: “It’s weird how when I don’t respond to someone’s email, it’s because I’m busy, but when other people don’t respond to my emails, it’s because they hate me.”
The liberating truth about life as a finite human is that…you’re never going to please everyone, or do everything, or accomplish anything perfectly. So, what would you like to do with your life instead?
Source: Adapted from Oliver Burkeman, “‘The liberating truth is: they’re probably not thinking about you’: Oliver Burkeman on how to quit people-pleasing,” The Guardian (8-24-24)
The Internet can be a dangerous place, and a new global survey is revealing that billions of people have likely been the target of cybercriminals at some point in time. The survey found that nearly half of all respondents have fallen victim to a cyberattack or scam.
In a poll of 20,000 adults from around the world, 45% reported that their personal data, such as banking or email account information, has been compromised by a hacking attempt or scam.
According to respondents, online scams and phishing attempts have become more sophisticated and successful due to artificial intelligence. Half of respondents (50%) disclosed that they’ve been exposed to a cyberattack at work in the last year. Of those whose personal data has been hacked, 20% reported that a cyberattacker successfully hacked one or more of their personal accounts, including bank or email accounts.
Delving into the layered side-effects of successful hacks and scams, 22% lost money as a result and 30% said they have doubts that their personal information will ever be safe again.
Cross; Easter; Satan; Spiritual Warfare - Cyberattacks can inflict significant financial harm. However, there exists a less visible but even more critical vulnerability that affects every human being. The Bible speaks of Satan as "a roaring lion seeking someone to devour” (1 Pet. 5:8), who orchestrates spiritual attacks against all of humanity. These attacks target not our bank accounts or personal data, but our very souls, seeking to separate us from God's love and purpose for our lives. On the cross, Christ won our victory over Satan (1 Cor. 15:57; Col. 2:13-15). Only through faith in Christ can we find protection and true spiritual security.
Source: Staff, “Shocking poll: Half the world has fallen victim to cyberattacks,” StudyFinds (9-26-24
When talking about the harms of social media today, one of the first problems people mention is FOMO—fear of missing out. Scroll through Instagram and see your friends having fun at a party you weren’t invited to. Check Snapchat to find everyone’s Bitmojis together on Snap Map without you. This feeling of constantly missing out, we’re told, is a major cause of anxiety and depression for Gen Z.
But that’s not true anymore. More often, it’s the opposite. We want to avoid the risk, the rejection, the awkwardness, the effort, and energy that the real world demands. Our major problem isn’t fear of missing out. It’s fear of taking part.
Look at how many young people are scared of doing everyday things. Not just fear of learning to drive, or getting a job—but scared to order in restaurants. Can’t walk into a cafe. Don’t want to open their door for a delivery. Under the hashtag #socialanxiety on TikTok, which has nearly 3 billion views, young people are sharing symptoms, describing debilitating anxiety, even recording their panic attacks in public.
One British TikToker hosts a series called “Doing Things You’re Afraid of To Show You It’s Okay.” In the series, she films herself facing challenges like getting in an elevator, asking for help in a supermarket, and asking for directions. It’s great to see someone working on their anxiety — but what’s alarming is how popular these videos are, and how many users say they have the same fears. Meanwhile forums like r/socialanxiety on Reddit–which has over 400,000 members–are filled with teenagers and young adults admitting that they are afraid of the real world. They feel much more comfortable online.
Many young people even fear making phone calls, and avoid it as much as possible. One study from last year found that 90% of Gen Z say they have “phone anxiety,” writing down scripts before they speak.
Across social media, there’s also a growing celebration of missing out. The phrase “JOMO” (Joy of Missing Out) is catching on, along with TikToks, tweets, and memes about the relief of cancelled plans. They say this is about wellness and self-care but that just sounds nicer than self-isolation. Missing out is good for our mental health, we tell ourselves. We’re better off inside.
Gen Z is the first generation who had a phone-based childhood, who spent their formative years in a pandemic, who have had less face-to-face interaction than any other in history. The only world they’ve ever known is one where they can get everything they need without interacting with another human: self-service checkouts, delivery apps, online porn, online lectures, and online communities.
The only thing scarier than the real world is never being brave enough to enter it. The life to be afraid of is the one unlived. Learn to trust God and live life. Discover the gifts and abilities that God has given to you. Get up. Get out. Give it all you’ve got. Fear missing out again. And then refuse to do it any longer.
Source: Freye India, “What Happened to FOMO?” After Babel (8-8-24)
A surefire way to never get hurt: Imagine a life free from heartache and disappointment, a world where you are impervious to the pain that comes with emotional vulnerability. Picture yourself gliding through your days without the sting of rejection or the ache of unfulfilled dreams. Sounds perfect, doesn't it?
After all, you've learned from an early age that vulnerability can lead to pain. A harsh word from a friend, an unreciprocated crush, a family argument, each instance teaches you to guard your heart. This foundational fear shapes your approach to relationships and life. You begin to understand that vulnerability is a double-edged sword, capable of bringing both joy and sorrow. Your instinct to protect yourself becomes the cornerstone of your emotional defenses.
As you grow older, you start constructing your fortress brick by brick. First, you hold back your feelings, and you certainly don't let anyone see your weaknesses. This way, you prevent others from having the power to hurt you. Next, you refrain from sharing your opinions. By keeping your thoughts to yourself, especially on controversial topics, you steer clear of potential conflicts and judgment. You begin to distance yourself from people and avoid deep connections that could lead to betrayal.
This isolation does protect you from immediate pain, but it slowly starts to build a barrier between you and the world. At this point, your defenses are at their peak. You've perfected the art of non-participation, and your emotional fortress is impenetrable.
You've built walls around your heart so high, that you've effectively isolated yourself. The fear of getting hurt has led you to a place where you're no longer living, but merely existing. Your fortress, meant to protect you, has now become a prison. As you reflect on your life within these walls, the consequences of your choices become painfully clear. You've successfully avoided heartbreak, but you've also missed out on love.
Choosing to be vulnerable in our interpersonal relationships requires true faith and humility. No one likes to get hurt and everyone wants to feel safe at all times. The consequences of building an emotional fortress around ourselves are very serious.
Source: Brainy Dose, “A Surefire Way to Never Get Hurt,” YouTube (5-18-24)
An investigation by the French newspaper Le Monde revealed a potential security threat for several world leaders. The confidential movements of France’s president Macron, President Biden, Vice President Harris, and former president Trump -- even after two assassination attempts on Trump – were easily tracked online through a fitness app used by their bodyguards.
The security agents were found using the Strava app, which is primarily used by runners and cyclists to record their activities and share their workouts. The data it collects can also be used to track users' locations.
The newspaper identified a total of 44 U.S., French, and Russian security agents, all responsible for presidential security, who had public Strava accounts. Their movements, including professional trips, were therefore communicated online.
The U.S. Secret Service said in a statement to Le Monde that while staff are not allowed to use personal electronic devices while on duty, “we do not prohibit an employee’s personal use of social media off-duty.” However, they added that “affected personnel have been notified" and that they "will review this information to determine if any additional training or guidance is required.”
These potential security breaches illustrate the risks associated with tech companies and consumer data. "Companies love our data, and we love the product, so we give away the data for free," said Ibrahim Baggili, professor of cybersecurity at Louisiana State University. "The government really needs to start cracking down on how data can be used and how long it can be retained."
God gives us the freedom to decide how to live, but we must consider how our choices affect others.
Source: Associated Press, “World leaders' secret movements given away by their bodyguards' fitness apps, French newspaper says,” Oregon Live (10-29-24)
A reporter from The Wall Street Journal spoke to several people about the economy. One was Kristine Funck, a nurse in Ohio, has won steady pay raises, built retirement savings, and owns her home. The other was Alfredo Arguello, who opened a restaurant outside Nashville when the pandemic hit, now owns a second one, and employs close to 50 people.
Economists are noticing that while economic measures are improving, Americans are feeling gloomier. “Unstable” is how Arguello describes it. Said Funck: “Even though I’m OK right now, there’s a sense it could all go away in a second.” There’s a striking disconnect that has puzzled economists and business owners.
But press Americans harder, and the immediate economy emerges as only one factor in the gloomy outlook. Americans feel sour about the economy, many say, because their long-term security feels fragile and vulnerable to wide-ranging social and political threats.
Interviews with Americans across the country—some affluent, some just scraping by; some with advanced degrees and others with blue-collar jobs; some Republican, some Democrat—show they are weighed down by fears of an unpredictable world in which no one in government or business is competent to steer the nation through precarious times.
“You could argue unemployment is 3.7%, but who cares with this level of uncertainty?” said Arguello. “Because that’s what people are feeling. They’re not feeling hope. They’re not feeling one country. They’re feeling a divisive, divided United States of America.”
Source: Aaron Zitner, “Why Are Americans Feeling So Down on the Economy,” The Wall Street Journal (2-7-24)
Using cannabis can have a profound effect on one’s mental health. Canadian researchers have found that those who consistently use cannabis are more likely to develop an anxiety disorder, which could potentially impact millions of people. With cannabis now the third most commonly used drug globally, after alcohol and nicotine, understanding its effects on mental health has never been more critical.
The study spanned over a decade (2008 to 2019) and included over 12 million participants, making it one of the most comprehensive analyses of its kind. Researchers specifically looked at those who had emergency department (ED) visits due to cannabis use and tracked subsequent healthcare visits for anxiety disorders, comparing them to the general population.
Researchers say the findings were striking. Within three years of an ED visit for cannabis use, 12.3% of these individuals needed a healthcare visit for an anxiety disorder, a rate 3.7 times higher than the general population. When broadening the criteria to include outpatient visits, the rate jumped to 23.6%, nearly four times the general population’s rate. This elevated risk was consistent across all groups (including age and gender) but was notably higher in young males.
Study lead author Dr. Daniel Myran said, “Our results suggest that individuals requiring emergency department treatment for cannabis use were both at substantially increased risk of developing a new anxiety disorder and experiencing worsening symptoms for already existing anxiety disorders.”
This study’s scale and depth provide strong evidence of a significant association between cannabis-related emergency visits and subsequent anxiety disorders. This is particularly concerning given the global rise in cannabis use and potency. With countries moving towards legalization and commercialization, the potential for increased cannabis use and associated harms, including anxiety disorders, is a pressing concern.
Source: Staff, “Regular cannabis use linked to skyrocketing risk of developing anxiety disorders,” Study Finds (2-7-24)
An article in The Wall Street Journal warns: “Your 401(k) is up. Don’t let it go to your head.”
Checking your 401(k) is the feel-good move of the year. After the stock-market rally, it now feels safe to peek at your 401(k) balance again. That is a relief for the millions of people whose retirement accounts are still recovering from the bruising they took in 2022, when the S&P 500’s total return was -18.11%.
Don’t let your self-worth balloon along with your net worth, financial advisers warn. They say the overconfidence that comes with making big gains can cause people to take bigger risks with their investments. And that makes us feel like we’re savvier investors than we really are.
Neuroscience backs up the idea of overconfidence being a problem. Research on the brain has found that increases in dopamine, a brain chemical that likely gets released when you see large returns in your account, can lead to more financial risk-taking.
That’s good financial advice, but the Bible also warns that, more importantly, it’s good spiritual advice.
Source: Joe Pinsker, “Your 401(k) is up. Don’t let it go to your head,” The Wall Street Journal (12-13-23)
Doom and gloom over the state and future of humanity is prevalent and pervasive globally. A New York Times piece by Tyler Harper gives an excellent summary and overview over our existential anxieties:
The literary scholar Paul Saint-Amour described the expectation of apocalypse. It is the sense that all history’s catastrophes and geopolitical traumas are leading us to 'the prospect of an even more devastating futurity' — as the quintessential modern attitude. It’s visible everywhere in what has come to be known as the polycrisis.
Climate anxiety ... is driving debates about 'the morality of having kids in a burning, drowning world.' Our public health infrastructure groans under the weight of a lingering pandemic while we are told to expect worse contagions to come. The near coup at OpenAI, which resulted at least in part from a dispute about whether artificial intelligence could soon threaten humanity with extinction, is only the latest example of our ballooning angst about technology overtaking us.
There are serious concerns that the conflicts in the Middle East and Ukraine could spark World War III. Apocalyptic fears feed off the idea that people are inherently violent, self-interested and hierarchical and that survival is a zero-sum war over resources.
What makes an extinction panic a panic is the conviction that humanity is flawed and beyond redemption. That it is destined to die at its own hand, the tragic hero of a terrestrial pageant for whom only one final act is possible. The irony is that this cynicism greases the skids to calamity. After all, why bother fighting for change or survival if you believe that self-destruction is hard-wired into humanity?
This attitude of growing fear and societal decay should not surprise the believer. This is what Paul described in 2 Timothy 3:1-13: “But mark this: There will be terrible times in the last days … while evildoers and impostors will go from bad to worse, deceiving and being deceived.” But we have hope that we can share with the world (1 Pet. 3:15), Jesus is the “light of the world” (John 8:12).
Source: Tyler Austin Harpter, “The 100-Year Extinction Panic Is Back, Right on Schedule,” The New York Times (1-26-24)
About seven in ten respondents in a survey said they strongly or somewhat agreed with the statement: “Having more money would solve most of my problems.” Similar proportions of people in each income bracket felt that way, including those with salaries of $200,000 or more.
Exactly how much more money do we think we need to be happy? A survey from the financial-services company Empower put the question to about 2,000 people.
In the survey, most people said it would take a pretty significant pay bump to deliver contentment. The respondents, who had a median salary of $65,000 a year, said a median of $95,000 would make them happy and less stressed. The highest earners, with a median income of $250,000, gave a median response of $350,000.
Even very wealthy people think like this. A 2018 study asked millionaires to rate their happiness on a scale from one to ten and, if they didn’t say ten, predict how much money they would need to move one point higher. Slightly over half of those with a net worth of $10 million or more said their wealth would need to increase by at least 50%.
Source: Joe Pinsker, “The Pay Raise People Say They Need to Be Happy,” The Wall Street Journal (11-19-23)
An article in The Financial Times claims that “the west is suffering from a crisis of courage.” The author notes:
And the problem is much broader than politics. Society itself seems to be suffering from a crisis of courage … Virtue signaling might be endemic, but courage, like honor, is not deemed a virtue worth signaling. Indeed, all the incentives are stacked on the opposite side: there is little to lose from going along with what everyone is saying, even if you don’t believe it yourself, and much to gain from proving that you are on the “right” side. Courage — sticking your head above the parapet and saying what you really think — can, conversely, get you into a huge amount of trouble, and, usually, you are not rewarded for it.
The mere mention of courage has been in decline for a long time. A 2012 paper in the Journal of Positive Psychology that tracked how frequently words related to moral excellence appeared in American books — both fiction and non-fiction — over the 20th century, found that the use of the words “courage, bravery and fortitude” (which were grouped together) had fallen by two-thirds over the period.
Moral courage does not equate to recklessness, and neither does it mean being a provocateur for the sake of it … But if we want our societies to thrive, we must be courageous enough to think for ourselves and stand up for what we believe in. The late writer Maya Angelou was right when she said: “Courage is the most important of all the virtues, because without courage you can’t practice any other virtue consistently.”
Source: Jemima Kelly, “The west is suffering from a crisis of courage,” The Financial Times (8-22-23)
A new study found that hospitalizations for pediatric suicidal behavior increased by 163 percent over an 11-year period. According to an article in The New York Times, “The portion of American hospital beds occupied by children with suicidal or self-harming behavior has soared over the course of a decade … The study did not include psychiatric hospitals, or reflect the years of the coronavirus pandemic, suggesting that it is a considerable undercount.”
A doctor quoted in the article lamented, “The hospital ends up being the place you go when all else fails. Could you have nipped it in the bud earlier? That is a systems-of-care problem.” She added, “This is playing itself out in an attention-grabbing way.”
One the study’s co-authors, pointed to “a growing use of social media among children and adolescents and in particular, growing use among younger adolescents,” which she said had been shown to increase symptoms of depression.
Whatever the reason, she added, “we don’t have the magic formula to figure out how to dial this back and make things better.”
Note the crying need for the gospel and for the church, especially considering the quote at the end—“we don’t have the magic formula to figure out how to dial this back and make things better.”
Source: Ellen Barry, “Hospitals Are Increasingly Crowded With Kids Who Tried to Harm Themselves, Study Finds,” The New York Times (3-28-23)
A business professor quoted in the Wall Street Journal noted how Gen Z is craving stability in the midst of anxiety.
Not long ago, a friend who teaches a communications course at a Midwestern business school asked me to speak to her class. Her instructions were invitingly wide: “Just tell them about your career.” And so I did, trying to hit all the points that might be relevant to students about to enter the job market.
When I was done, my friend opened the floor to questions and, much to my excitement, a line formed at the mic. Then came the first question: “You’ve had such a long career,” the student said. “Could you please tell us how you’ve avoided burnout? Like, what do you do for self-care?” As the student sat down, so did about half of the other students in the queue, signaling their question had been taken.
I’ll spare you my answer, but perhaps you can guess it. I am of the generation that thought work was what you did, even when it was hard. You pushed through. Burnout wasn’t an option. Self-care is what you did when you retired.
She goes on to quote a survey which asked 1,800 new graduates what they wanted most from their future employers. The overwhelming majority—85%—answered “stability.” High pay and benefits also ranked high. The desire for “a fast-growing company,” on the other hand, garnered only 29% of the vote.
Source: Suzy Welch, “Generation Z Yearns for Stability,” The Wall Street Journal (3-22-23)
The most recent CDC biannual Youth Risk Behavior Surveillance Survey found that children who identify as part of the LGB community are significantly more likely to undergo serious mental health struggles.
More than half of female high schoolers who identify as bisexual have seriously considered attempting suicide. This is compared to 20 percent of heterosexual female students. A staggering 26 percent of bisexual female students attempted suicide. This is compared to 15 percent of lesbians and eight percent of straight girls.
Among males, bisexuals were 40 percent likely to consider suicide, with the rate being 35 percent among gay teens. This is compared to 10 percent of heterosexual teens who considered suicide. Five percent actually attempted suicide, compared to 20 percent of gay teens and 17 percent of bisexual males.
One researcher said these rates are so high because bisexual students have trouble fitting in with peers, as they can be rejected by both the straight and lesbian communities.
Source: Mansur Shaheen, “Record one in FOUR high school students say they are gay, bisexual or 'questioning' their sexuality,” Daily Mail (4-27-23)
Nearly four-in-ten Americans say we're “living in the end times,” says a poll taken against a stark backdrop of climate change, the pandemic, nuclear brinkmanship, and doomsday cults.
A Pew Research Center survey of more than 10,000 adults, conducted in April of 2022, found that 39 percent called these the “end times,” while 58 percent were assured that humanity was not careening towards catastrophe.
Researchers linked the high number of doomsayers to the COVID-19 pandemic, which has claimed 6.65 million lives globally, and fears about living on a warming planet with fiercer hurricanes and wildfires. They could also add the threat of a war using nuclear weapons and greater political division and unrest.
Researchers added: “Periods of catastrophe and anxiety, such as the coronavirus pandemic, have historically led some people to anticipate that the destruction of the world as we know it — the 'end times' — is near.” Those fears relate to present-day realities as well as looking back to “sacred scripture” and the expectation among Christians that “Jesus will return to Earth after or amid a time of great turmoil.”
While nearly half of Christians say Judgement Day is closing in, there are big differences within the faith—63 percent of evangelicals call these the end times, but only 27 percent of Catholics agree.
There's also a political tilt—45 percent of Republicans see doomsday coming, against just 33 percent of Democrats. College graduates were more skeptical of the looming apocalypse than were those with only high school certificates.
Source: James Reinl, “The End Is Nigh! 4 in 10 Adults Say We're Living in The End Times,” Daily Mail (12-9-22)
Mara Reinstein writes in Parade Magazine:
We met Steve Martin years ago as a banjo-playing comic with an arrow through his head singing "King Tut." He's now a movie star and serious musician as well. In an interview, he recalled the movie "Father of the Bride" beating every other movie at the box office and thinking, "Oh, this month it's my turn."
The interviewer followed-up, "Does it hurt when it's not your turn?" Steve answered, "Not anymore … you have to remember that there's always going to be somebody better than you and there's room for everybody. I'm also a musician … I work with a lot of bands. I always say, 'Don't be jealous of other bands. You're just going to eat yourself up and waste time and it will get you nowhere. So be inclusive and say, ‘Great job.’ It takes a while to learn to not take it all so seriously."
The world may not call jealousy and envy "sins" but it recognizes they create issues. He's right, isn't he? It does take a while to learn to let others be praised.
Source: Mara Reinstein, “My Life in Movies” Parade Magazine (11-13-22), p. 10
A 2019 interview focusing on the acclaimed British actress Emma Thompson’s 60th birthday was titled “Emma Thompson Gets a Shock at 60.” The article’s author stated,
If anyone did not expect to have a midlife crisis, it was Emma Thompson. Being quite sure about things has been central organizing principle of her life. It has informed most every character she has played … All her life, she knew who she was. Now the roles she has embraced—mother, wife, performer—have her asking, “Am I any of those things? And if I’m not, who am I?”
Game of Thrones actress Sophie Turner, despite having a stellar career and a celebrity husband, also struggles with identity. At the age of 23 she confessed, “I don’t actually know who I am.”
And then there’s the fictional character played by the actor Matt Damon in the Bourne movie series. Jason Bourne is a riddle to himself, saying, “I know the best place to look for a gun is the cab of the gray truck outside, and at this altitude, I can run flat out for half a mile before my hands start shaking. How can I know that and not know who I am?”
Source: Brian Rosner, How to Find Yourself (Crossway, 2022), pp. 32-33
The actor Paul Newman was nominated for 10 Academy Awards and won for The Color of Money in 1987. He also received an honorary Oscar in 1986 and the Academy’s Jean Hersholt Humanitarian Award in 1994.
But his life was hardly free of disappointment and tragedy. He wrestled with his drinking, a habit he knew was self-destructive but says “unlocked a lot of things I couldn’t have done without it.” And he was shattered when his son, Scott, who had led a drifting life in his father’s shadow and was receiving psychiatric treatment, died in 1978 at the age of 28.
Decades into his singularly successful career as an actor, Paul Newman offered a frank admission. “I am faced with the appalling fact that I don’t know anything,” he said.
Newman was also dogged by self-doubt, perpetually questioning his choices and plagued by past mistakes. “I’m always anxious about admitting to failure,” he said. “To not being good enough, to not being right.” Newman’s lifelong insecurity is one of the more striking themes to emerge from a posthumous memoir by the actor, titled The Extraordinary Life of an Ordinary Man.
Source: Dave Itzkoff, “A Posthumous Memoir Reveals Paul Newman in His Own Words,” The New York Times (10-16-22)
Cybersecurity services provider Kaspersky has released a report on risks associated with cryptocurrency use. The report titled “Crypto Threats 2023” focused on the United States and uncovered some surprisingly poor user security habits.
Kaspersky surveyed 2,000 American adults and found that 24% of respondents overall owned cryptocurrency or digital assets. Ownership ranged from 36% in the 25–44 age category to 10% among those aged 55 or older.
A third of the crypto owners surveyed reported having crypto stolen, and an equal portion reported being victims of scams. Identity theft, theft of payment details, and loss of account access led the list of scam consequences. The average value of assets stolen was $97,583. Here, too, there was a sharp differentiation by age, with 47% of those ages 18–24 reporting thefts of (larger amounts of) crypto, compared to 8% of those over 55 (who reported smaller amounts of loss).
Lax security might account for many of the losses experienced by respondents. The survey found that crypto owners last checked on their crypto six weeks ago, and their accounts have minimal protection: “27% of users keep their crypto stored in an exchange account with no added protection, while only 34% use multi-factor authentication to protect their account.”
This report is another excellent reminder to focus on the security of our treasure in heaven and not to trust uncertain wealth on earth “… a treasure in the heavens that does not fail, where no thief approaches and no moth destroys” (Matt. 6:19-20; Luke 12:33).
Source: Derek Andersen, “A third of US crypto holders have experienced theft: Report,” Coin Telegraph (3-22-23)