Insider Finance - Business - Wall Street wipeout

January 12, 2023

Hello, Insiders. We want to believe! Or we’re open to believing, at least. Continuing on our theme of exploring the state of crypto, I’ve got a question for you: What is a real-world, actual, not-BS crypto/blockchain application that is not just up and running, but thriving to a point that gives you hope?

One that sounded hopeful a while back was Helium. You could earn Helium coins by opening up a low-power WiFi router for other people to use. Well, anybody who’s done that has seen the price of the coins go down from $35 a year ago … to $2.08 this week. 

So email me at insidertoday@insider.com if you know a reason to be hopeful. But do not email me about promising ideas or theoretical possibilities. Tell me about people whose life in 2023 is better every day because they figured out a way to use blockchain technology. Until then, let’s get to the news.

— Nicholas Carlson

If this was forwarded to you, sign up here.

The latest

The big story

Getty; Marianne Ayala/Insider

Companies are putting cute names on C-suite roles, but remember: your chief enthusiasm officer can still fire you.

Chief heart officer. Chief amazement officer. Chief empathy officer. Laugh if you want, but these are real titles at real companies. 

Wacky C-suite titles are all the rage these days. Since the pandemic and the ensuing Great Resignation, companies are looking for new ways to appear attractive to prospective employees. And that means leaning into feelings-centric job titles. It’s basically telling people, “Come work for us, and we’ll take care of you.” 

These companies are taking a page from the old Olive Garden playbook: “When you’re here, you’re family.” The problem with that? Families are permanent, but employment is not. And at the end of the day, despite the compassionate titles, these people are still running a business, and can still fire you.

Top reads

Margin Call screenshot

Take a look

Courtesy of Hall and Hall

A cowboy just sold a 50,000-acre South Dakota ranch for over $37 million. Neal Wanless bought the luxury ranch in 2009 after winning over $230 million from the Powerball lottery. It comes with a working slaughterhouse, 38 pastures for livestock, and three additional homes. Check out pics of the property.

Watch this

We got an inside look at how Army combat medics are trained at Fort Sam Houston and Camp Bullis in San Antonio, Texas. Watch now.

Can't get enough of Insider?

This edition was curated by Nicholas Carlson, and edited by Hallam Bullock, Lisa Ryan, Dave Smith, Nathan Rennolds, and Joe Ciolli. Get in touch: insidertoday@insider.com.