Steve H. Hanke, a renowned US economist and professor of applied economics at Johns Hopkins University, has once again made headlines with his critical views on cryptocurrency holders.<\/p>\n
Known for his skepticism toward digital assets, Hanke recently took a public jab at digital currency investors, calling them \u2018psychopaths\u2019 while citing a newly published research from the University of Toronto<\/a>.<\/p>\n The research suggests that those who invest in digital currencies<\/a> exhibit lower levels of \u201canalytic and scientific thinking\u201d than the general population. Furthermore, Hanke echoed the study\u2019s findings, labeling crypto holders as \u201cmore likely to display psychopathic traits.\u201d<\/p>\n The economist, who has long been a vocal critic of the crypto industry<\/a>,\u00a0shared a summary of the research on Elon Musk\u2019s social media X, agreeing with its conclusions.<\/p>\n The study reveals that digital currency holders are not only less inclined towards analytical thinking but also more prone to traits associated with the so-called \u201cDark Tetrad\u201d of personality\u2014narcissism, psychopathy, sadism, and Machiavellianism.<\/p>\n RESEARCH FINDS: CRYPTO OWNERS = PSYCHOPATHS.<\/p>\n Univ. of Toronto researchers found that crypto holders display lower levels of analytic and scientific thinking and are likelier to exhibit psychopathy than the general population.https:\/\/t.co\/c2hZTruKoT<\/a><\/p>\n \u2014 Steve Hanke (@steve_hanke) August 26, 2024<\/a><\/p>\n Notably, the research cited by Hanke involved roughly 2001 American adults at Toronto University The study aimed to \u201cexplore the psychological and social characteristics\u201d of individuals who invest in and hold cryptocurrencies<\/a> over a long period.<\/p>\n Hanke\u2019s endorsement of this study\u2019s conclusions has fueled the debate amongst the crypto community<\/a>. Particularly, going through the comment section of Hanke\u2019s post, many commenters were mad over the statement made by Hanke and saw the study as \u201cinaccurate.\u201d<\/p>\n For instance, one of the X users under the name Humble Warrior replied to Hanke\u2019s post, noting:<\/p>\n Steve, do you have any concerns that this study was funded by the National Science Foundation (NSF), a federal agency, with members of Congress, including Elizabeth Warren, playing an indirect yet important role in the NSF through legislative and oversight functions?<\/p>\n Meanwhile, others of the commenters weren\u2019t as nice with their replies, and many of them threw jabs back at economists.<\/p>\n I guess BlackRock, Fidelity, Franklin Templeton, Wall Street, JP Morgan and more are all Psychopaths right Steve?<\/p>\n Time to hang it up Steve, go enjoy retirement<\/p>\n \u2014 Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) August 27, 2024<\/a><\/p>\nAre Crypto Investors Psychopaths?<\/h2>\n
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