Summary:
Steve Hanke cites a University of Toronto study linking crypto ownership to psychopathic traits.
Crypto owners exhibit lower levels of analytical thinking and are more likely to be psychopaths.
30% of surveyed individuals had owned cryptocurrency, revealing a diverse political spectrum among owners.
Men and those who consume fringe social media are more inclined to invest in cryptocurrencies.
Economist Steve Hanke has brought attention to a University of Toronto study that suggests a link between cryptocurrency ownership and traits associated with the “Dark Tetrad”—which includes psychopathy, narcissism, Machiavellianism, and sadism. According to Hanke, the research indicates that crypto owners tend to exhibit psychopathic tendencies compared to the general population.
Study Links Crypto Ownership to Psychopathic Traits
The study, published in the peer-reviewed journal PLOS One, was conducted by Shane Littrell, Casey Klofstad, and Joseph E. Uscinski. It reveals that crypto holders demonstrate lower levels of analytical and scientific thinking. Hanke summarized the findings succinctly:
Research finds: crypto owners = psychopaths.
The research surveyed 2,001 American adults in 2022, revealing that 30% of respondents had owned some form of cryptocurrency. Notably, it also indicates that cryptocurrency owners are likely to hold diverse political beliefs and typically oppose authoritarianism.
Moreover, the study suggests that men, individuals who consume news from alternative or fringe social media, and those with an argumentative nature are more inclined to invest in cryptocurrencies. These insights challenge the stereotype that crypto is solely a tool for the far-right, showcasing a more intricate range of political and psychological traits among its users.
Do you think crypto owners are psychopaths as economist Steve Hanke suggests? Share your thoughts in the comments below.
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