However: crypto ownership is also strongly correlated with gender attitudes among men under 40. Once you control for those gender attitudes, the independent effect of crypto ownership drops from significance.
However: crypto ownership is also strongly correlated with gender attitudes among men under 40. Once you control for those gender attitudes, the independent effect of crypto ownership drops from significance.
My read is that it isn't that crypto ownership drove young men towards Trump, but rather that the same factors that drove young men towards crypto also drove them towards Trump.
Incorrect. Democrats uninformed take on blockchain tech led by Warren attempted to stop a new technology (which never works) instead of properly regulating it. This left the field wide open to Trump. The rest of the free world has embraced and regulated crypto. Dems should have course corrected.
It’s not “new technology” tho, it’s 1½ decades (!) old at this point, and still hasn’t found a real world usecase besides speculation.
Yeah being immature dumbshits
Easy Money by Ben McKenzie is a great book that explores how conditions of the pandemic and economic insecurity made get-rich-quick-schemes like crypto and NFTs attractive. I don't remember the details exactly but I think you'll find a lot supporting your hypothesis.
PS - this book was a memoir / investigative journalism piece that I found very eye opening.
I read it, and cite it in the book I wrote on this. It was much better than I had expected from that guy I remember from “The OC,” especially given the credulity that most books on crypto have towards the topic.
And by the “ conditions of the pandemic”, you mean the opposite of economic insecurity, right?
The book talks more about feelings of fear, isolation, anxiety, and like the world as we knew it changing almost overnight.
"A fool and his money ..."
The likely impact of crypto was mobilization, rather than persuasion. Crypto owners have demographic and political profiles we'd normally associate with very low turnout. Entirely possible that highlighting crypto got more of them to the polls.
Yes. This happened.
There's also some indication that crypto ownership interacts with race/ethnicity in shaping political preferences in 2024. It could have led to more persuasion among Black and Hispanic men: not sure I have enough data to be sure.
bsky.app/profile/10-5...
There is definitely an overlap- I argue that it’s mostly about offering young men a path towards new models of masculinity.
It's about the fact that people who scam attract scammers. All crypto is, is hoping that you won't be the one left holding the bag
More about credulity than masculinity.
Perhaps- though I don’t have a reliable measure of credulity as I do for masculinity.
There is a lot of research on the topic. Looking at who is drawn to conspiracy mindset, how people are scammed, how and who and what people trust, what drives fear responses and how the manifest, etc. I'm sure there's a lot of fruit to pick for further understanding. I'm curious what measurements
you're using that are reliable for determining masculinity.
Depending on the study, I use a uni or bi-dimensional self placement scale. Captures most of the same variance as the BSRI, but short enough to go on general surveys.
I own crypto and know that Trump is Russian asset and economy and law disaster for all USA and rest of world. Think, bro.
Crypto correlates with truck nutz