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A recent study has identified distinct political, psychological, and social characteristics among cryptocurrency owners, shedding light on the types of individuals drawn to this volatile investment. Researchers polled 2,001 American adults and discovered that approximately 30% had owned cryptocurrency at some point. The findings indicate that cryptocurrency ownership is correlated with unique psychological profiles, unconventional political beliefs, and distinct media consumption patterns. The findings were published in the journal PLOS One.
The study found that cryptocurrency owners are predominantly male, younger, and tend to have higher incomes than non-owners. Additionally, cryptocurrency enthusiasts exhibit “dark” personality traits such as narcissism and Machiavellianism, often associated with a drive for status and a desire for autonomy from established financial systems. These individuals are also more likely to rely on fringe social media for news, favouring platforms that promote alternative perspectives over mainstream media.
Researchers noted that cryptocurrency owners frequently express anti-establishment attitudes and are more inclined towards conspiracy beliefs. For example, crypto owners scored higher on measures of conspiratorial thinking and were more receptive to theories that question traditional authority. This scepticism extends to a general mistrust of financial institutions, aligning with cryptocurrency’s roots as an alternative to government-backed currency.
In political terms, cryptocurrency owners exhibit an eclectic mix of beliefs, often straddling both liberal and conservative viewpoints. The study found correlations with libertarian and populist sentiments, suggesting that crypto enthusiasts may support movements that challenge the status quo. Notably, however, the findings indicate that these owners do not fit neatly within traditional left-right political alignments, instead representing a spectrum of anti-authoritarian views.
As cryptocurrency markets continue to grow, researchers hope to explore further whether the attitudes and personality traits of crypto owners influence their investment behaviours. The study’s authors suggest that understanding the psychological and social factors behind cryptocurrency ownership could provide insights into broader societal trends, particularly around mistrust of traditional financial systems and the rise of alternative financial models.
This article was made by www.psychreg.org by Psychreg News Team
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