Top Gun Traders: Stock Bets and Crypto Culture Take over the Military(wsj.com)
wsj.com
Top Gun Traders: Stock Bets and Crypto Culture Take over the Military
https://www.wsj.com/finance/stock-trading-military-crypto-culture-75fb3c59
3 comments
Interesting look at how trading culture has spread into places people do not usually associate with markets. Access to zero-commission apps, constant financial content, and group dynamics can make this kind of behavior grow quickly. It will be worth watching how leadership handles the risk side, since impulsive trading and high stress environments are not a great mix.
I see this in a similar light to the opioid crisis. While it won’t directly kill you like opioid addiction or overdose, economically strip mining Gen Z and Gen Alpha for gains using meme stocks, crypto, sports betting, prediction markets, and similar systems is going to leave us in a bad spot after these enterprises have left with their gains.
Indicators to track will be suicide, bankruptcies, domestic violence, military washout rate, etc.
Related:
The housing crisis is pushing Gen Z into crypto and economic nihilism - https://news.ycombinator.com/item?id=46079617 - November 2025
”Giving Up": The Impact of Decreasing Housing Affordability on Consumption, Work Effort, and Investment - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5770722 - November 19, 2025
Indicators to track will be suicide, bankruptcies, domestic violence, military washout rate, etc.
Related:
The housing crisis is pushing Gen Z into crypto and economic nihilism - https://news.ycombinator.com/item?id=46079617 - November 2025
”Giving Up": The Impact of Decreasing Housing Affordability on Consumption, Work Effort, and Investment - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5770722 - November 19, 2025
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