• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Steve H. Hanke Calls Crypto Holders Psychopaths, Referencing Study

user avatar

by Giorgi Kostiuk

2 years ago


  1. Study of Cryptocurrency Investors
  2. Steve H. Hanke's Opinion
  3. Reaction from Dogecoin Founder

  4. Prominent economist Steve H. Hanke expressed a critical view of cryptocurrency holders based on the results of a recently published Canadian study. Hanke compared cryptocurrency holders to psychopaths.

    Study of Cryptocurrency Investors

    A study conducted by the University of Toronto revealed that cryptocurrency holders display lower levels of analytical and scientific thinking and are more inclined towards psychopathy. Researchers also found that crypto investors are more likely to believe in conspiracy theories and possess the so-called 'Dark Tetrad' of personality traits: narcissism, Machiavellianism, psychopathy, and sadism. The study involved more than 2,000 American adults.

    Crypto holders display lower levels of analytic and scientific thinking and are likelier to exhibit psychopathy than the general population.

    Steve H. Hanke's Opinion

    Steve H. Hanke publicly supported the study's findings by posting a link to its results and summarizing the main points. He noted that crypto investors possess lower levels of analytical thinking and are prone to psychopathy.

    Crypto holders display lower levels of analytic and scientific thinking and are likelier to exhibit psychopathy than the general population.Steve H. Hanke

    Reaction from Dogecoin Founder

    One of the founders of Dogecoin, Billy Markus (known as Shibetoshi Nakamoto), also commented on the study. He strongly criticized its conclusions, noting that according to the authors, crypto investors do not trust traditional media and prefer alternative sources of information. According to the study, this is one of the strongest indicators that a person may be a cryptocurrency holder.

    Thus, views on the analytical abilities and psychological characteristics of cryptocurrency holders are controversial. While some researchers and experts, like Steve H. Hanke, support the negative findings, others, such as Billy Markus, oppose such claims.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

IBIT and MicroStrategy: Two Distinct Paths to Bitcoin Accumulation

chest

IBIT passively accumulates Bitcoin through ETF demand, while MicroStrategy actively raises capital to buy Bitcoin for its treasury.

user avatarMaya Lundqvist

Ten Cows Become First Livestock Collateral on Brazil's Stock Exchange

chest

Ten cows from Fazenda Engenho Velho in Brazil have become the first livestock collateral formally registered on the country's stock exchange, utilizing blockchain technology and AI-powered sensors.

user avatarLeo van der Veen

SP Dow Jones Indices and Pantera Capital Launch New Digital Asset Benchmark

chest

SP Dow Jones Indices and Pantera Capital have launched the SP Pantera Digital Asset Index (SPPDA), a new benchmark that tracks crypto networks through a fundamentals-focused lens.

user avatarLi Weicheng

T Rowe Price Introduces Active Crypto ETF for Diverse Digital Asset Exposure

chest

T Rowe Price has filed for an Active Crypto ETF, TKNZ, to hold 5-15 digital assets, marking a shift in the crypto ETF market.

user avatarAisha Farooq

French Gambling Authority Blocks Access to Polymarket

chest

The French National Gambling Authority (ANJ) has ordered internet service providers to block access to Polymarket due to concerns over illegal gambling practices.

user avatarTenzin Dorje

Smarter Web Company Sells Bitcoin to Repay Debt

chest

The Smarter Web Company sold part of its Bitcoin treasury to repay an $11.7 million convertible debt facility, prioritizing balance sheet flexibility over equity dilution.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.