US BTC holding status: young males are Market Makers, holderlong are the moderate faction

Original author: Troy Cross

Original translation: Deep Tide TechFlow

I am very proud of this report on the BTC holdings. We conducted a survey of 3,538 adults in the United States and found the BTC holdings:

• Covered the entire political identity spectrum
• Tend to be young and male
• Weakly correlated with unique moral values configuration
• Strongly related to BTC knowledge

We want to understand who holds BTC, who does not, and why. This requires in-depth research. Not just surface-level statistics, but a deep exploration of the roots of our psycho-social identity. Many frameworks claim to do this, but my research partner @andrewwperkins chose 'moral foundations' and designed a comprehensive series of questions. Then we hired a professional company to help us achieve a representative sample.

Every BTC holder knows that true randomness is hard to achieve, but we believe that even visually, you can see that we have done quite well in several dimensions, reaching a fairly representative sample. And the sample size is large, with 3, 538 people.

Demography

We found that there is no strong correlation in many dimensions - race, ethnicity, religion, relationship status, income, education or financial literacy - with holding BTC. Age and gender are exceptions. BTC holders in the United States are often young and male.

Politics

Part of shaping American identity and behavior, surprisingly, is political orientation. Our political divisions seem to be deepening not only, but becoming the most important fact about identity, surpassing all other factors. So we conducted the survey in 5 different ways:

The results we discovered are absolutely the most shocking. Like most people on this app, our media critics, scholars who write about Bitcoin, and almost all politicians, we thought that BTC holders would lean towards the political right and liberalism. Wrong!

The BTCholders in our sample seem almost indistinguishable from non-BTCholders: most are moderates! They still lean more towards political extremes than non-holders, whether liberal or conservative. (Statistically significant but very small.)

What's even stranger is that those who self-identify as "very liberal" or position themselves on the far left in a 10-point scale are most likely to hold BTC relative to other political identities.

Please note that the chart above does not imply that long are more likely to hold BTC among very liberal individuals than among other political identities. This is not the case. The majority of BTC holders are moderate. It means that if you randomly select a very liberal person and a moderate person, the liberal is more likely to hold BTC.

In terms of 'moral foundations', we know that liberals and conservatives have different values. For example, liberals value 'care' more, while conservatives value 'loyalty' more. We want to see which side BTCholder leans towards. The results show that they have a combination of both.

Finally, we explored whether people understand BTC, trust BTC, consider BTC useful, and consider BTC good. We asked 4 questions for each aspect. The results show that BTCholder is significantly different from non-holders of all political factions in these aspects.

Specifically, when it comes to the morality of trust and perception, you can clearly see the stark contrast between those who hold BTC and those who do not.

These four factors: trust, knowledge, utility, and perceived morality are the strongest correlation in our data with BTC holdings. They are also strongly related to each other. Here you can see a comparison of these factors with ethical foundations.

To summarize our findings, I quote the conclusions of our report:

"Judging by our polarized political discussions, one might argue that BTC holding is an identity, especially one that reflects political leanings. ”**

But we found that this is not the case. BTCholder in politics is like other Americans: most are moderates, with only a few being conservatives and liberals.

BTCholder are similar to other Americans in most demographic aspects, with one significant exception: they tend to be younger and male.

What matters most when it comes to holding BTC is not who you are, but how much you know about BTC and whether you think it is useful, trustworthy, and good.

It turns out that 14% of Americans who own BTC are not members of a specific political party. They are ordinary Americans who spend time studying the technology and have a positive attitude towards it.

(Please refer to the complete registration for details: )

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