The Psychology of Cryptocurrency and The Digital Economy

Cryptocurrencies and digital economy have attracted great attention in recent years and are among the rapidly developing areas. This article examines the psychological effects of cryptocurrencies and the profound effects of the digital economy on human psychology. It is discussed how the volatility of cryptocurrencies affects investors' risk perception and decision-making processes. Additionally, the effects of features of the digital economy, such as anonymity and security, on individuals' financial behavior and emotional well-being are discussed. The article discusses how the disciplines of psychology and economics have been integrated to understand these issues and potential directions for future research. In conclusion, understanding the psychological dimensions of cryptocurrency and the digital economy represents an important area in both academic and applied studies, and this article aims to contribute to the expansion of the literature in this field. Keywords: Cryptocurrency, digital economy, psychological effects, financial decisions, risk perception, emotional well-being, anonymity, security, investment psychology, volatility, technology acceptance.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-08-11
DOI
https://doi.org/10.5281/zenodo.13293385
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

The Psychology of Cryptocurrency and The Digital Economy

Zenodo (CERN European Organization for Nuclear Research)
Blockchain Technology Applications and Security
article

The Psychology of Cryptocurrency and The Digital Economy

article en

Abstract

Cryptocurrencies and digital economy have attracted great attention in recent years and are among the rapidly developing areas. This article examines the psychological effects of cryptocurrencies and the profound effects of the digital economy on human psychology. It is discussed how the volatility of cryptocurrencies affects investors' risk perception and decision-making processes. Additionally, the effects of features of the digital economy, such as anonymity and security, on individuals' financial behavior and emotional well-being are discussed. The article discusses how the disciplines of psychology and economics have been integrated to understand these issues and potential directions for future research. In conclusion, understanding the psychological dimensions of cryptocurrency and the digital economy represents an important area in both academic and applied studies, and this article aims to contribute to the expansion of the literature in this field. Keywords: Cryptocurrency, digital economy, psychological effects, financial decisions, risk perception, emotional well-being, anonymity, security, investment psychology, volatility, technology acceptance.

Zenodo (CERN European Organization for Nuclear Research)
St Clements University Higher Education School (NU)
Openalex Percentile: Top 38%
Blockchain Technology Applications and Security
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The Psychology of Cryptocurrency and The Digital Economy · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS