fads Archives • Bitches Get Riches

Investing in Cryptocurrency is Bad and Stupid

February 15, 2022April 4, 2023 Lauren Torres ("Kitty") 23 Comments

If you’ve been reading our blog for long, you probably could’ve guessed we think investing in cryptocurrency is bad and stupid.

And yeah, I considered using more expansive words like “unethical” and “speculative” instead of “bad and stupid.” Those words had precision, but lacked panache.

Our Patreon donors vote on potential article topics, and this month they wanted to read our thoughts on investing in cryptocurrency. So we get questions about it all the time! Which isn’t surprising. Relative to cash and traditional investment vehicles, crypto is new and confusing. To make matters worse, there’s so much hype surrounding it in the personal finance world that research feels like reading a data science textbook through a swarm of bees.

Mercifully, we’re not here to explain what crypto is, or how the mysterious blockchain technology works (others have done that intolerably boring work for us). Rather, we’re going to release you from caring about crypto in the first place!

So it’s our personal opinion that investing in cryptocurrency is bad and stupid, and you shouldn’t do it. Here’s why.

Five Reasons To Love the Tiny House Movement

July 3, 2017March 9, 2022 Lauren Torres ("Kitty") 7 Comments

At times, our article on tiny houses ventured toward… scathing. Which isn’t even original, as evidenced by articles like this, this, this, this, this, this, this, this, this, this, this, this, and this. Jeez. Maybe this counts as punching down on the tiny house movement?

So as promised, we will conclude our series by refocusing our discussion on what’s great about the tiny house movement. As the movement begins its slow fade into obscurity, these are the five points I pray leave a lasting impact on our culture.

Bullshit Reasons To Live In a Tiny House, Refuted

June 26, 2017August 16, 2022 Lauren Torres ("Kitty") 21 Comments

“I would rather bathe in 10,000 scorpions while singing the entire libretto of Rent than live in a tiny house.”
-Piggy

For a while there, I was ready to breathe easy, thinking the tiny home craze had finally passed. I saw fewer think pieces, pins, aspirational hashtags. The advent of television shows describing the movement seemed to announce its loss of counter-culture status, a sure sign of the end.

… Then I started a financial blog.

Like a recalcitrant UTI patient, I’d stopped taking antibiotics when my symptoms left. My reward was the metaphorical equivalent of pissing broken glass and lava: boundless renewed fascination with tiny houses.

I understand! Tiny homes are appealing to frugal people. On paper, they’re everything a traditional home is, but optimized: cheaper, greener, less constricting. But the proliferation reveals a less rosy truth.

I think the tiny house movement is already being lowered into its coffin, but allow me to secure the lid. The following list comes from Tiny House Blog’s Top 10 Reasons to Join the Tiny House Movement. (I selected this list because it popped up first when I googled “reasons to get a tiny house.” Interestingly, the second is 5 Reasons Buying a Tiny House is a Mistake.)

I’m going to dismantle each one because I’m a neoliberal killjoy and secret corporate shill for Big Housing.