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Dogecoin Founder Opposes ‘Dark’ Crypto Holders ‘Diagnosis’ From Study: Details

July 6, 2024
Reading Time: 3 mins read
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Dogecoin Founder Opposes ‘Dark’ Crypto Holders ‘Diagnosis’ From Study: Details



Yuri Molchan

Billy Markus strongly disagrees with latest psychological research that offers crypto buyers unhealthy title

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Billy Markus, who created the unique meme cryptocurrency Dogecoin in collaboration with Jackson Palmer in 2013, has taken to his account on the X platform to criticize a research made on cryptocurrency holders just lately after which reported by the Independent.

This research claims that those that spend money on cryptocurrency property are inclined to have “darkish traits” of character, the “darkish tetrad” particularly. The Dogecoin founder mentioned he strongly disagrees with that opinion: “i disagree and let me lengthily argue why i’m proper.”

DOGE creator slams research discriminating crypto buyers

The Impartial article speaks a couple of research made on 2,001 adults dwelling within the USA who have been requested whether or not they personal any cryptocurrency on not. Roughly 30% of those adults admitted to proudly owning crypto.

Together with the query about proudly owning crypto, the researchers additionally collected another details about them, together with their psychological, political and different traits of character. Based mostly on that information, the researchers tried to determine on traits that might finest predict whether or not somebody had purchased cryptocurrency property.

This research instructed that crypto homeowners from these respondents are prone to have “darkish tetrad” character traits. Particularly, they depend on “fringe social media sources,” “imagine in conspiracy theories” and “really feel victimized.” They summarized it as traits aligned with “the darkish tetrad,” i.e., narcissism, Machiavellianism, psychopathy and sadism.

Nonetheless, the Impartial claims that the strongest predictor of whether or not an individual owns crypto proved to be whether or not they depend on “fringe social media sources” to seek out out the most recent information.

Feeble try to dishonor Elon Musk’s X?

The purpose about “counting on fringe social media sources for information” appears to be notably fascinating right here. The factor is that after Elon Musk’s takeover of Twitter for $44 billion and rebranding it as X, this social media platform has been preventing for its customers’ proper to defend free speech on X.

Knowledge shared by Elon Musk just lately reveals that X has been quickly gaining new customers and changing into a extra dependable supply of stories in comparison with typical media (with the latter sharply shedding visitors in comparison with X). Considering that X can also be a platform highly regarded with the crypto neighborhood, the above-mentioned article and the research on which it’s primarily based appears to be like like an try to discriminate X and crypto concurrently within the eyes of American public.

In regards to the creator


Yuri Molchan

Yuri is serious about expertise and technical improvements. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a possible to remodel the world sooner or later in a lot of its facets. He has written for a number of crypto media shops.

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, and so on.



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