People with dark personality traits tend to be more enthusiastic about Bitcoin, study finds

Published by
PsyPost
PsyPost
Since the invention of Bitcoin in 2009 the global cryptocurrency market has grown from nothing to a value of around US$2 trillion. From a price of US$1 in 2011, Bitcoin rose to an all-time high of more than US$63,000 in April 2021, and now hovers around the US$42,000 mark. Large fluctuations in cryptocurrency prices are common, which makes them a highly speculative investment. What kind of people are willing to take the risk, and what motivates them? We conducted a survey to find out. In particular, we wanted to know about the relationship between the so-called “dark tetrad†personality traits…