Psychopathic tendencies attributed to crypto investors

The Sydney Morning Herald has conducted a study in which it sought to understand better the people who are keen on purchasing cryptocurrencies and under what conditions.

The newspaper specifically explored a connection between the “dark tetrad” a set of personality features that are often attributed to psychopaths.

The Sydney Morning Herald wants to know if these qualities are somehow linked to why some people tend to buy into crypto more often than others.

The trio of personality traits is described as narcissism, psychopath and Machiavellianism, and some researchers are even keen to add sadism in the mix.

The media argued that the first thing it identified in consumer behavior was that cryptocurrencies appealed to those people who actually derived pleasure from gambling. Some 566 people were invited to complete the survey which showed that most people who turn to cryptocurrencies actually distrust their government and FIAT-backed currencies.

Of course, the media did not discover psychopaths per se, but it looked into specific features, such as FOMO and belief in conspiracy theories, but also positivity.

Essentially, the media linked at least one quality with each of the dark triad, saying FOMO was relevant to sadism, for example, same as psychopathy. Machiavellianism was linked to conspiracy theories as well as FOMO and also narcissism to positivity.

The paper noted that psychopaths are more resistant to anxiety and stress and as such they may engage in various forms of gambling or even gambling addiction.

Impulsive psychopaths, the media boldly stated, were far more likely to engage with crypto because of FOMO. Other similar conclusions were made about the other dark tetrad qualities.

If you want to keep calm and just enjoy crypto, we recommend sticking to Bitcasino, 1xBit or FortuneJack.

Looking for your next crypto casino? Check out: Bitcasino, 1xBit or FortuneJack.

Written by Alex


Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

Similar News

Kraken fires 30% of workforce


Cryptocurrency exchange Kraken is letting go of 1,100 of its employees, accounting for 30% of its workforce, due to the...

Copa del Rey NFT collection to be launched by...


A NFT collection focusing on the Copa del Rey is going to be launched after a partnership was agreed between...