• 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

a year 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

Peter Schiff Highlights Bitcoin's Decline in Value Compared to Gold

chest

Peter Schiff argues that Bitcoin has lost significant value when measured against gold since its peak in November 2021.

user avatarMiguel Rodriguez

Ripple's Broader Acquisition Strategy May Shape Long-Term Outcomes

chest

Ripple's recent acquisitions, including Metaco and GTreasury, are part of a broader strategy aimed at long-term positioning in the financial services sector.

user avatarLuis Flores

Heavy Shorting of MSTR Seen as Positioning Signal

chest

Analysts suggest that the heavy short interest in MSTR is a signal of market positioning rather than a fundamental issue.

user avatarArif Mukhtar

MSTR Faces Significant Losses Amid Bitcoin Decline

chest

MSTR faces unrealized losses of approximately $53 billion as Bitcoin prices decline significantly.

user avatarDavid Robinson

Coinbase Shares Decline Amid Falling Crypto Prices

chest

Coinbase COIN shares have dropped around 40% in the last six months due to falling crypto prices and missed earnings expectations, but analysts believe the stock is currently undervalued.

user avatarMaria Gutierrez

Bitcoin Threatens to Break Previous Monthly Cycle High

chest

Bitcoin is nearing a critical point where it may break the previous monthly cycle high of 61,359, a first in its history.

user avatarAndrew Smith

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.