Study Links Cryptocurrency Ownership to Dark Personality Traits

A recent study from the University of Toronto and the University of Miami indicates that cryptocurrency holders are more likely to exhibit 'dark tetrad' personality traits, including narcissism, Machiavellianism, psychopathy, and sadism. Conducted in 2022, the survey of 2,001 American adults found that about 30% owned cryptocurrency and were often associated with conspiracy beliefs and alternative social media usage. The findings echo previous research that linked psychopathy and sadism to crypto investment behaviors. Critics, including Johns Hopkins Professor Steve Hanke, have highlighted the study's implications, suggesting crypto holders show lower levels of analytical thinking. The study adds to a growing narrative about the psychological profiles of crypto enthusiasts, who are often characterized by a need for chaos and distrust of authority. Despite the serious undertones, some in the crypto community have responded humorously, acknowledging the label of 'psychopath' as part of their identity.