Stop me if you’ve heard this one, but ‘crypto bros’ are psychos and women find them unattractive (1/18)
Someone sent me a study on ‘The political, psychological and social correlates of cryptocurrency ownership’ – a poll of 2,001 U.S. adults in spring 2022 focused on the associations between crypto ownership and political, psychological and social characteristics (2/18)
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0305178The participants who own/have owned digital assets were more likely to be male, argumentative and reliant on alternative/fringe social media as their primary news source (3/18)
While these individuals showed a diversity of political allegiances/identities, they shared a belief in conspiracy theories, a victimhood mindset and ‘dark’ personality characteristics (narcissism, Machiavellianism, psychopathy, sadism, paranoia, need for chaos, etc) (4/18)
Crypto owners were more open to certain forms of civic engagement, but they also showed a higher willingness to escalate conflict when disagreeing with others and to take part in political violence (5/18)
None of this will be news to anyone who spends a lot of time on ‘crypto twitter,’ where crypto bros freely lob insults and acronyms like HFSP (have fun staying poor) and NGMI (not gonna make it) at those who dare criticize pro-crypto dogma (6/18)
This poses a chicken-and-egg conundrum: does crypto turn people into jerks, or are jerks naturally drawn to crypto? (7/18)
True to form, crypto bros attacked those sharing this info online, but it’s hardly a one-off. Not long after that study was released, a female-focused survey found crypto ranked high on what women considered men’s ‘least attractive’ activities (8/18)
https://datepsychology.com/the-most-and-least-attractive-male-hobbies/Crypto ranked 8th in ‘least attractive hobbies to women,’ behind comic books, cosplay and alcohol, but ahead of marijuana, porn and gambling. Crypto was less attractive than ‘arguing online’ but more attractive than ‘debating’ (not sure crypto bros see a distinction) (9/18)
Crunching the numbers slightly differently, crypto ranked SECOND-HIGHEST on the ‘unattractiveness of male nerd hobbies.’ The only more repulsive male nerd hobby was collecting Funko figurines (I had to google that), which says a lot (10/18)
With nearly 77% of women in the survey hinting that they’d find a way to extricate themselves from a crypto conversation, we suggest ‘crypto twitter’ learn a new acronym: HFJO. (You figure it out) (11/18)
If you don’t believe this survey, consider the recent BTC Nashville conference, at which men reportedly outnumbered women both on and offstage by a factor of 10. (I just googled this and yes, there’s a Crypto Sausage Party token) (12/18)
https://www.theverge.com/24211345/bitcoin-conference-2024-nashville-trump-maga-cryptoAs for why women hate crypto bros, I like to think it’s because women are just more practical than men and there’s nothing less practical than utility-free ‘crypto.’ It solves nobody’s problems and infantilizes the men who go too far down this rabbit hole (13/18)
No movement is a monolith and not everyone who owns a digital asset is a raging dickhead. But when token holders wonder why blockchain adoption is taking so long, they should consider how they’re coming across to those outside their own bubbles (14/18)
Thankfully, there’s a big difference between ‘crypto’ and utility-focused enterprise blockchain technology. The latter is open to all interested in building better digital tools that benefit humanity and who don’t view token price as the be-all and end-all (15/18)
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Calvin Ayre
Sep 4, 2024
https://x.com/CalvinAyre/status/1831356135959331169?t=Yr_zDPke6AFqUaVm7nqy6A&s=19https://t.me/CalvinAyre/923