Website generates off-the-shelf cryptocurrencies (so of course NewStatesmanCoin now exists)

It's completely useless, though. Don't bother downloading it. There's no point.

Things are very weird right now for those of us living in the future. Dogecoin - a digital cryptocurrency based on a funny picture of a shiba inu - has a market cap of more than $5m. We were promised jetpacks, we got dog-themed money.

There are so many new Bitcoin ripoffs (mostly by those hoping to make a fast buck) that it was inevitable that someone would create a site that automatically generates them. Coingen, created by a reddit user called Blue Matt, lets users customise their own cryptocurrency (taking either Bitcoin or smaller cousin Litecoin as inspiration), download a wallet, and get mining.

For this, users pay a fee of between 0.05 and 0.2 BTC (roughly £30 to £122 as of writing, going by the average trading price on Mt Gox), with fees for removing Coingen’s logo or getting access to the source code. That’s a tidy fee considering you can only tweak four numerical values for each coin, and the source code for Bitcoin is open and available for free already. Perhaps Blue Matt is taking inspiration from the California Gold Rush, where the biggest profits weren’t in looking for gold, but in selling equipment like picks and buckets to prospectors.

Very Dogecoin. Much currency. So zeitgeist.

And, because why not, we’ve created NewStatesmanCoin - you can download a wallet and start mining here. That’s its rather half-hearted logo up top (we considered replacing the Queen on a pound coin with a picture of deputy editor Helen Lewis, an effort you can enjoy here).

Don’t ask what the block halving rate is, or which mining algorithm it uses - random, now forgotten, numbers were used. We can probably assume from their names that many of the other coins created using Coingen use values that are just as arbitrary: jesuscoin, arbitrarycoin, starvingartistcoin, wethepeoplecoin, silvioberluscoin, realcoin, beercoin, and the catchily-named “wake_up_sheeples_banker_owned_federal_reserve_notes_equals_more_debt”. (There are also a lot of coins with racist names on there. Really, you’ve been warned.)

NewStatesmanCoin is just a joke, but the fact there are so many people who have created their own silly coins - and paid for the privilege - is worth noting. There are dozens of alternatives to Bitcoin, a tiny minority of which have support from any kind of community, and fewer still of which have any practical real-world purpose. While there are uses for cryptocurrencies, they're niche, and not without competition from more traditional companies or other technologies. Not for nothing are people like Gigaom's David Meyer asking what the point of Bitcoin is.

Looking over the transaction volume day-by-day since Bitcoin launched, it's clear that the value of the cryptocurrency has been faster and unlinked from its growth as a medium of exchange. Speculation is still the main drive of Bitcoin value, and the entire drive of Litecoin, Namecoin, and even Dogecoin value, and thus there's surely demand for Coingen's new coins, off-the-shelf and ready to, perhaps, become the next £xm-worth market. While Bitcoin's certainly popular, it's tempting to instead think that it may be the first iteration of a concept yet to be perfected.

You don't have to tell us it's a crappy logo.

Ian Steadman is a staff science and technology writer at the New Statesman. He is on Twitter as @iansteadman.

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Understanding anxiety – my inside view of a debilitating disorder and how to control it

Following a number of recent anxiety attacks, I set out to learn why this happens to me.

As I stepped out of the office one evening after a routine day at work, I found myself glued to the floor. Legs bolted, knees quivering, heart racing – I was cemented into the ground by something paralysing.

I had to work out what was happening, and fast. Was a looming deadline holding me back from leaving? Was an unread message on my phone stopping me in my tracks? Perhaps fatigue had set me on edge. Or that passerby with an unsettling stare caught me off-guard. Maybe it was something more surreal; maybe a sense of dread had taken over, as I started to perceive each onlooker as a potential source of fear. Whether it was all of those things or none of those things, I eventually realised that the sticky situation I had found myself in was the onset of an anxiety attack.

Anxiety is a disorder of varying forms. People may be affected by generalised anxiety disorder – characterised by excessive worrying (often without an identifiable trigger), a specific phobia or panic disorder, in which terror can overwhelm a person without warning. The sufferer experiences physical and mental symptoms of distress that include a feeling of restlessness, shortness of breath, and agitation, exacerbated by the uncontrollable spiralling of their thoughts, which can often be self-deprecating and debilitating.

I had been in this situation before. The rising tension makes for an overwhelming and often paranoid experience, but my awareness of the fact that I was indeed having an anxiety attack was enough to know that this feeling wouldn’t persist for an indefinite amount of time; it would eventually pass, as all anxiety attacks do.

After roughly half an hour of concentrated breathing, conscious changes in thought patterns and eventually moving to a quieter spot, I had managed to calm down.

Though I had managed my anxiety attacks before via similar means, I was curious to know – what exactly was happening during my attacks? What can specifically be done while they’re happening? And could the panic and jitters of anxiety ever be beneficial?

The biology of an anxiety attack

The biological basis of an anxiety attack is tied to the actions of the body’s autonomic nervous system – a division of our nervous system that, without conscious control, regulates our bodily organs and systems.

When stimulated, the autonomic nervous system kicks into gear, causing the release of adrenaline into the bloodstream. And that’s when things flare up.

Pulses of adrenaline are produced in response to a stimulus  one that causes the body to kick into a defensive fight-or-flight mode. With anxiety, these stressful stimuli include excessive thoughts, heightened worries, trauma triggers and objects posing as threats. Even subconscious phenomena have been proposed as provokers; it is known that sufferers may wake up from a night’s sleep in a bout of panic. The stimuli add to the existing level of distress, making a person’s breath shallower, often inducing profuse sweating, and initiating a dark foreboding, all in the space of a moment.

Combating anxiety

According to the NHS, there are a number of techniques that can be employed to manage the distressing symptoms of an attack. Staying in a fixed spot, deep breathing and actively issuing a challenge in your mind to the fears on which you may be fixating are crucial things to do in the immediate stages. I wasn’t sure whether in my latest case I had done this instinctively or out of habit from past struggles. Either way, the methods were relieving.

The end of an attack is reached through an eventual depletion of adrenaline, which tells the body that it no longer needs to be on high alert. It brings with it tiredness but a welcome passing of the crisis. However, without a longer-term, pragmatic approach to tackling the disorder, it’s almost certain that an individual will face another intense period of anxiousness. So how should anxiety sufferers manage the issue over a longer period of time?

This is where therapy can be an extremely useful form of intervention. Cognitive behavioural therapy (CBT) is the most common form of therapy for the disorder, with research demonstrating its effectiveness in treating the closely related disorders under the umbrella of anxiety. CBT focuses on a reconfiguring of thought patterns, shifting perceptions and a redefining of negative sources of fear.

Recently, I spoke to David Potts, a CBT therapist, to discuss how therapy can be of benefit. He said: “In therapy we'd work on specifics. It would involve telling yourself what the triggers are. Often people have very negative views about what's happening to them [during an attack]; they'll think I'm having a heart attack or I'm going to die and those kinds of thoughts form a vicious cycle and the panic gets worse.”

According to Potts, being attuned to the occurrence of an anxiety attack is essential in taking active steps to overcome it. It can facilitate the process of calming down, allowing the person in the midst of an attack to separate the thoughts in their mind from the reality of a particular situation.

Therapy can also offer an individualised approach to understanding a person’s anxiety. Potts told me: “Often, from a therapy perspective, we are considering what’s happening to them [the patient] in their lives that lead them to be more anxious than other people. It could include things they’ve experienced in childhood, it could be ways that families are, or it could involve ways that they’ve learnt to manage different emotions.”

Beyond therapy, medication is available to aid anxiety. Appropriate to a disorder that can affect people in various ways, there are different types of medication. Selective serotonin reuptake inhibitors (SSRIs) are the most common form of medication. SSRIs are antidepressants that seek to increase levels of serotonin in our brains – a neurotransmitter thought to be central to the maintenance of mood. Other drugs available (in case of side effects from SSRIs) include serotonin and noradrenaline reuptake inhibitors (SNRIs), pregabalin and benzodiazepines. Though alleviating, medication is something that should supplement forms of therapy, as the pills themselves won’t solve the social triggers and problems that cause anxiety.

As people have increasingly moved towards holistic lifestyles, emphasis on exercise and dietary intake has been elevated. Eating healthier has been linked to reduced symptoms of anxiety, while exercise has been proven to reduce levels of stress in the long run. Reduced stress equates to a reduced risk of an anxiety attack.

Changes to the brain from exercise have been documented too. Researchers at Princeton University found that physical exercise generates excitable new brain cells in the hippocampus – an area of the brain involved in emotional responses. Though the excitability of the neurons would generally be unfavourable (priming the brain for anxiety), researchers found that the impact of exercise was one which had a calming effect, as the exercise was able to switch off the newly-generated, excitable neurons at times when they weren’t required.

When just a ten-minute walk has been shown to offer benefit, there seems to be very little to oppose the implementation of exercise as a form of therapy for anxiety.

Living with anxiety

Perhaps surprisingly, anxiety can be harnessed as a tool of empowerment for some. When it occurs at a smaller scale, it can serve as an informative warning against stressors, and help an individual focus and pinpoint their attention.

As a sufferer, acknowledgement of anxiety seems to be the key to unlocking the resources that can dull its impact. With carefully paid attention, responsibility and mindfulness, the waves of anxiety threatening to drench you can be reduced to smaller, more manageable ebbs and flows.