Impact of personality traits (BFI-2-XS) on use of cryptocurrencies

Frantisek Sudzina; Antonin Pavlicek

doi:10.36689/uhk/hed/2019-02-037

Impact of personality traits (BFI-2-XS) on use of cryptocurrencies

Frantisek Sudzina, Antonin Pavlicek

Research output: Contribution to book/anthology/report/conference proceeding › Article in proceeding › Research › peer-review

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Abstract

Cryptocurrencies are around for less than a decade but their usage steadily increases. There is no doubt that functional, social (cool-factor) and financial (high risk – high reward investment) motives drive its adoption and usage. But it is also worth to investigate whether personality and demographics can play some role in the adoption. The research have focused on impact of personality traits (according to the Big Five Inventory framework) on the usage of cryptocurrencies. The research was conducted in the Czech Republic. Respondents were university students, 478 in total (272 male, 206 female; 20.5 years old on average), of whom 62 respondents indicated that they use cryptocurrencies. Gender, age, and type of student job were used as control variables. With regards to the results, openness to experience, gender, and type of student job influence the adoption. Subjects more open to experience, male, and working full time in the field they study use cryptocurrencies more.

Original language	English
Title of host publication	Hradec Economic Days : Double-blind peer-reviewed proceedings part II. of the International Scientific Conference Hradec Economic Days 2019
Editors	Pavel Jedlička, Petra Marešová, Ivan Soukal
Number of pages	7
Place of Publication	Hradec Králové
Publication date	2019
Pages	363-369
ISBN (Electronic)	978-80-7435-736-7
DOIs	https://doi.org/10.36689/uhk/hed/2019-02-037
Publication status	Published - 2019
Event	Hradec Economic Days 2019 - Hradec Králové, Czech Republic Duration: 5 Feb 2019 → 6 Feb 2019 https://uni.uhk.cz/hed/about/

Conference

Conference	Hradec Economic Days 2019
Country/Territory	Czech Republic
City	Hradec Králové
Period	05/02/2019 → 06/02/2019
Internet address	https://uni.uhk.cz/hed/about/

Series	Hradec Economic Days
ISSN	2464-6059

Keywords

personality traits
cryptocurrencies
adoption

Access to Document

10.36689/uhk/hed/2019-02-037Licence: CC BY-NC 4.0

Open Access versionFinal published version, 317 KBLicence: CC BY-NC 4.0

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Cite this

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title = "Impact of personality traits (BFI-2-XS) on use of cryptocurrencies",

abstract = "Cryptocurrencies are around for less than a decade but their usage steadily increases. There is no doubt that functional, social (cool-factor) and financial (high risk – high reward investment) motives drive its adoption and usage. But it is also worth to investigate whether personality and demographics can play some role in the adoption. The research have focused on impact of personality traits (according to the Big Five Inventory framework) on the usage of cryptocurrencies. The research was conducted in the Czech Republic. Respondents were university students, 478 in total (272 male, 206 female; 20.5 years old on average), of whom 62 respondents indicated that they use cryptocurrencies. Gender, age, and type of student job were used as control variables. With regards to the results, openness to experience, gender, and type of student job influence the adoption. Subjects more open to experience, male, and working full time in the field they study use cryptocurrencies more.",

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editor = "Pavel Jedli{\v c}ka and Petra Mare{\v s}ov{\'a} and Ivan Soukal",

booktitle = "Hradec Economic Days",

note = "Hradec Economic Days 2019, HED 2019 ; Conference date: 05-02-2019 Through 06-02-2019",

url = "https://uni.uhk.cz/hed/about/",

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Sudzina, F & Pavlicek, A 2019, Impact of personality traits (BFI-2-XS) on use of cryptocurrencies. in P Jedlička, P Marešová & I Soukal (eds), Hradec Economic Days: Double-blind peer-reviewed proceedings part II. of the International Scientific Conference Hradec Economic Days 2019. Hradec Králové, Hradec Economic Days, pp. 363-369, Hradec Economic Days 2019, Hradec Králové, Czech Republic, 05/02/2019. https://doi.org/10.36689/uhk/hed/2019-02-037

Impact of personality traits (BFI-2-XS) on use of cryptocurrencies. / Sudzina, Frantisek; Pavlicek, Antonin.
Hradec Economic Days: Double-blind peer-reviewed proceedings part II. of the International Scientific Conference Hradec Economic Days 2019. ed. / Pavel Jedlička; Petra Marešová; Ivan Soukal. Hradec Králové, 2019. p. 363-369 (Hradec Economic Days).

Research output: Contribution to book/anthology/report/conference proceeding › Article in proceeding › Research › peer-review

TY - GEN

T1 - Impact of personality traits (BFI-2-XS) on use of cryptocurrencies

AU - Sudzina, Frantisek

AU - Pavlicek, Antonin

PY - 2019

Y1 - 2019

N2 - Cryptocurrencies are around for less than a decade but their usage steadily increases. There is no doubt that functional, social (cool-factor) and financial (high risk – high reward investment) motives drive its adoption and usage. But it is also worth to investigate whether personality and demographics can play some role in the adoption. The research have focused on impact of personality traits (according to the Big Five Inventory framework) on the usage of cryptocurrencies. The research was conducted in the Czech Republic. Respondents were university students, 478 in total (272 male, 206 female; 20.5 years old on average), of whom 62 respondents indicated that they use cryptocurrencies. Gender, age, and type of student job were used as control variables. With regards to the results, openness to experience, gender, and type of student job influence the adoption. Subjects more open to experience, male, and working full time in the field they study use cryptocurrencies more.

AB - Cryptocurrencies are around for less than a decade but their usage steadily increases. There is no doubt that functional, social (cool-factor) and financial (high risk – high reward investment) motives drive its adoption and usage. But it is also worth to investigate whether personality and demographics can play some role in the adoption. The research have focused on impact of personality traits (according to the Big Five Inventory framework) on the usage of cryptocurrencies. The research was conducted in the Czech Republic. Respondents were university students, 478 in total (272 male, 206 female; 20.5 years old on average), of whom 62 respondents indicated that they use cryptocurrencies. Gender, age, and type of student job were used as control variables. With regards to the results, openness to experience, gender, and type of student job influence the adoption. Subjects more open to experience, male, and working full time in the field they study use cryptocurrencies more.

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KW - cryptocurrencies

KW - adoption

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DO - 10.36689/uhk/hed/2019-02-037

M3 - Article in proceeding

T3 - Hradec Economic Days

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EP - 369

BT - Hradec Economic Days

A2 - Jedlička, Pavel

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ER -

Sudzina F, Pavlicek A. Impact of personality traits (BFI-2-XS) on use of cryptocurrencies. In Jedlička P, Marešová P, Soukal I, editors, Hradec Economic Days: Double-blind peer-reviewed proceedings part II. of the International Scientific Conference Hradec Economic Days 2019. Hradec Králové. 2019. p. 363-369. (Hradec Economic Days). doi: 10.36689/uhk/hed/2019-02-037

Impact of personality traits (BFI-2-XS) on use of cryptocurrencies

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