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Study suggests link between crypto ownership and psychopathic traits

Study suggests link between crypto ownership and psychopathic traits

GrafaGrafa2024/08/30 07:55
By:Mahathir Bayena

Economist Steve Hanke recently highlighted a University of Toronto study that connects cryptocurrency ownership to traits of the “Dark Tetrad.”

The “Dark Tetrad” includes personality traits such as psychopathy, narcissism, Machiavellianism, and sadism.

According to Hanke, the study suggests that crypto owners display more psychopathic tendencies compared to the general population.

He summarised the findings with a blunt statement: “Research finds: crypto owners = psychopaths.”

"Univ. of Toronto researchers found that crypto holders display lower levels of analytic and scientific thinking and are likelier to exhibit psychopathy than the general population." Steve Hanke posted on his X account.

The study, published in the peer-reviewed journal PLOS One, was conducted by researchers Shane Littrell, Casey Klofstad, and Joseph E. Uscinski.

It involved a survey of 2,001 American adults in 2022, examining the correlation between personality traits and cryptocurrency ownership.

The research found that 30% of respondents had owned some form of cryptocurrency.

It also noted that crypto owners tend to show lower levels of analytical and scientific thinking.

The study suggests that cryptocurrency owners are more likely to hold diverse political beliefs and generally oppose authoritarianism.

The findings indicate that men, people who consume news from alternative or fringe social media, and those with a tendency toward argumentative behavior are more likely to invest in cryptocurrencies.

These insights challenge the stereotype that cryptocurrency is exclusively a far-right financial tool.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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