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.
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.
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.
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