A study conducted by researchers from the Universities of Miami and Toronto found a connection between cryptocurrency ownership and dark personality traits, such as psychopathy and narcissism, among Americans.
Study Goals and Methodology
The study involved 2,001 American adults. Researchers aimed to determine if there is a link between cryptocurrency investment and personality traits like psychopathy, narcissism, and sadism. The study was published in July 2022.
Key Findings of the Study
The study revealed that among the 2,001 respondents, one-third owned cryptocurrency, which is above the average U.S. ownership rate of 14%. Cryptocurrency owners were more likely to exhibit traits such as narcissism, sadism, and manipulativeness. Additionally, they were more prone to anxiety, depression, impulsivity, and feelings of loneliness.
Public Reaction and Criticism
Some cryptocurrency supporters criticized the study, claiming it was biased. There were also allegations that the study was funded by the U.S. National Science Foundation, which is suspected of having a negative stance toward cryptocurrencies.
The study sheds light on a potential link between cryptocurrency investment and personality traits requiring further examination. The mixed reactions to the study underscore the complexity and controversy surrounding the darker aspects of the cryptocurrency world.
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