The average Bitcoin investor is a calculating psychopath with an inflated ego, according to scientists.
A team of experts recently surveyed more than 500 people to uncover the personality traits that are most common among crypto nuts.
They identified that many investors exhibit signs of the “dark tetrad”, a group of four unsavoury traits made up of narcissism, Machiavellianism, psychopathy and sadism.
In plain English, that means dark tetrads have an inflated sense of self-importance and derive pleasure from the pain of others.
They also find it difficult to empathise with others and are sly and manipulative.
Scientists at Queensland University of Technology described their findings in research published in the journal Personality and Individual Differences earlier this month.
They asked 566 people to complete personality surveys as well as answers questions about their attitudes to crypto.
Of the participants, one in four reported that they owned crypto and two-thirds showed an interest in crypto investing.
All four dark tetrad traits correlated with an affinity for investing, each for their own reasons.
According to the researchers, dark tetrads are partly drawn to crypto because they are prepared to take risks.
“We studied only a subset of people interested in crypto who do have these traits,” Dr Wang said.
“If you happen to be a Bitcoin or other crypto holder, you may or may not exhibit them.”