Remember that study saying Bitcoiners were psychopaths? A psychology professor finds the methodology flawed.
Psychopaths were drawn to crypto apparently, because they “fear missing out on investing rewards that others are experiencing,”and Machiavellians like crypto because “they distrust politicians and government agencies.”were also measured as traits that “might connect the dark tetrad judgements about crypto”.
Sellbom said the methodology to link traits such as FOMO to psychopathy was flawed as collecting a sample of both the level of interest in crypto and psychometric results at the same time, from the same person only once, is “pretty much uninformative”, adding the conclusions the researchers reached “cannot be supported in the simple way that they are presenting.”
It should be noted the researchers themselves stated in the report that they aren’t out to propose that Bitcoiners are psychopaths, in the way some media outlets were quick to declare. Discussing the limitations of their work, the researchers said that whilst they gauged participant interest in, bonds or crypto, the study could have set a control variable by measuring their intention of engaging in those types of investments.
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