Cryptocurrency addicts seek treatment at Scottish clinic

May 29, 2018

A Scottish addiction clinic has begun treating people who are hooked on trading cryptocurrencies.

Traders can become addicted to cryptocurrencies like bitcoin as their volatile price fluctuations can be as thrilling but potentially costly as gambling, according to therapists at Castle Craig clinic near Edinburgh.

Cryptocurrency addicts are offered treatments such as a 12-step programme, (CBT), trauma therapy and equine therapy.

Chris Burn, a gambling therapist at Castle Craig Hospital, said: "The high risk, fluctuating cryptocurrency market appeals to the problem gambler.

"It provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains and losses were made. It's a classic bubble situation," he said.

Castle Craig has treated over 10,000 for various addictions since it opened in 1988, and says the majority have gone on to achieve long-term abstinent recovery.

Prices start from £1,360 per week for an extended treatment programme, and detox and intensive care starts from £2,975 per week.

A single en suite bedroom in Castle Craig's intensive treatment programme costs £4,970 per week, and the cost of its "executive programme" starts at £9,240 per week.

A minimum commitment of two weeks' treatment is required of all patients.

Patients or families who struggle to afford residential rehabilitation are offered advice on alternative and more affordable options, and potentially external funding from Scotland's National Health Service.

Explore further: Google to ban cryptocurrency and related advertisements

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not rated yet May 30, 2018
This idea implies that all forms of addictive gamboling are evidence that the gambler is mentally ill. Its not only bitcoins. Gamboling establishments will do their best to oppose this discovery but if its true a law should be enacted to identify and hospitalize these loosers.

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