Title: “Shifting Perceptions of Cryptocurrency’s Intrinsic Value”
This research proposal aims to investigate the evolving perceptions of cryptocurrency’s intrinsic value across different age groups. Cryptocurrency, as a digital asset, has generated considerable debate regarding its inherent value. While traditional assets such as real estate or precious metals possess tangible worth, the value of cryptocurrency is often questioned due to its intangible nature. This study postulates that while cryptocurrency is presently perceived as lacking intrinsic value among many age groups, the younger generations demonstrate a potential for a different perspective as they gain a deeper understanding of this digital asset over time.
Research Questions
To guide this research, the following questions will be addressed:
a. How do individuals across different age groups perceive the intrinsic value of cryptocurrency?
b. Are there generational differences in the understanding and acceptance of cryptocurrency’s value?
c. Can we identify trends or shifts in the perception of cryptocurrency’s value as individuals gain more exposure and experience with digital assets?
Hypotheses
Based on preliminary observations, this study proposes the following hypotheses:
H1: Older generations are more likely to perceive cryptocurrency as lacking intrinsic value.
H2: Younger generations are more open to the idea that cryptocurrency possesses intrinsic value, especially as they gain a deeper understanding over time.
Expected Outcomes-
The research expects to find that older generations are more skeptical about cryptocurrency’s intrinsic value due to their limited exposure and understanding of digital assets. Conversely, younger generations, who have grown up in the digital age, are more likely to embrace the idea that cryptocurrency holds intrinsic value as they gain more experience and knowledge in this field.
Importance and Implications-
Understanding the changing perceptions of cryptocurrency’s intrinsic value among different age groups is essential for various stakeholders, including policymakers, financial institutions, and educators. The outcomes of this study can inform investment strategies, regulatory decisions, and educational programs tailored to address the varying needs and concerns of different age groups.
Conclusion-
This research proposal outlines a preliminary plan to explore the shifting perceptions of cryptocurrency’s intrinsic value among different age groups. By collecting data from individuals spanning various generations, this research aims to contribute to a better understanding of how generational factors influence cryptocurrency perceptions.
Use Of Sources –
- “Motivations, Barriers and Risk-Taking When Investing in Cryptocurrencies”
- Background: This study explores the motivations, barriers, and risk-taking behaviors of individuals when investing in cryptocurrencies.
- How I Used It: The research provided insights into the psychological factors influencing cryptocurrency investment decisions, aiding in understanding the mindset of potential investors.
- “Social and Psychological Predictors of Youths’ Attitudes to Cryptocurrency”
- Background: This article investigates the social and psychological predictors that shape the attitudes of young individuals towards cryptocurrencies.
- How I Used It: The findings helped in uncovering the underlying factors that influence the youth’s perception of cryptocurrencies, providing a social context for their engagement with digital assets.
- “Blockchain-powered Social Media Analytics in Supply Chain Management”
- Background: This paper explores the integration of blockchain and social media analytics in supply chain management.
- How I Used It: The research offered insights into the practical applications of blockchain technology, particularly in supply chain management, highlighting potential impacts on transparency and efficiency.
- “Investment Decision of Cryptocurrency in Millennials and Gen Z”
- Background: This study focuses on the investment decisions of Millennials and Gen Z in the cryptocurrency market.
- How I Used It: The research findings assisted in understanding the investment preferences and decision-making processes of the younger demographic, contributing to a broader view of cryptocurrency adoption.
- “Cryptocurrency as the Currency of the Future”
- Background: This IEEE-explored article delves into the concept of cryptocurrencies as potential future currencies.
- How I Used It: The article provided insights into the futuristic perspectives on cryptocurrencies, aiding in understanding the potential long-term impacts on traditional financial systems.
- “Does Crypto Currency Market Dance, Volatile & Addicted to The Youth- An Empirical Analysis Using Market Survey Approach”
- Background: This research employs market survey approaches to analyze the volatility and youth addiction in the cryptocurrency market.
- How I Used It: The empirical analysis contributed valuable data on market dynamics and youth involvement, offering a practical dimension to the impact of cryptocurrencies on younger generations.
- “Do Cryptocurrencies Really Have (No) Intrinsic Value?”
- Background: This article explores the concept of intrinsic value in the context of cryptocurrencies.
- How I Used It: The research provided critical perspectives on the intrinsic value debate, enriching the understanding of the fundamental factors influencing cryptocurrency valuations.
- “Cryptocurrency Business Covers the Psychological Impact of the Business Market on the Youth Segment”
- Background: This source investigates the psychological impact of cryptocurrency business on the youth market.
- How I Used It: The study’s findings helped uncover the psychological aspects influencing the youth segment within the cryptocurrency business landscape, contributing to a holistic understanding.
- “Analysis of the Potential of Digital Youth Entrepreneurship Development in Russia”
- Background: This research analyzes the potential for digital youth entrepreneurship development in Russia.
- How I Used It: The insights from this study provided a regional perspective on youth involvement in digital entrepreneurship related to cryptocurrencies, aiding in understanding the global variations in adoption.
- “Investment Attitude of Millennials Towards Cryptocurrencies”
- Background: This source explores the investment attitudes of millennials towards cryptocurrencies.
- How I Used It: The research findings contributed to understanding the specific investment preferences and attitudes of the millennial demographic in the context of cryptocurrencies.
Five Academic Sources:
- “Motivations, Barriers and Risk-Taking When Investing in Cryptocurrencies” – Prague University of Economics and Business – July 14, 2021
- “Social and Psychological Predictors of Youths’ Attitudes to Cryptocurrency” – Russian Academy of Sciences, Moscow – November 20, 2019
- “Blockchain-powered Social Media Analytics in Supply Chain Management” – HMR Institute of Technology & Management – 14 May 2020
- “Investment Decision of Cryptocurrency in Millennials and Gen Z” – Atlantis Press – December 30, 2022
- “Cryptocurrency as the currency of the future” – A. Knežević, T. Babić and Z. Musa – November 6, 2020
- “Does Crypto Currency Market Dance, Volatile & Addicted to The Youth- An Empirical Analysis Using Market Survey Approach” – Moosa, D. K. J., & Dr Suraj, E. S. (2022)
- Do cryptocurrencies really have (no) intrinsic value? – Electron Markets 32, 1749–1758 – 02 August 2021
- Cryptocurrency Business Covers the Psychological Impact of the Business Market on the Youth Segment – Journal of Asian Multicultural Research for Economy and Management Study, 2(2), 35-39 – 31 March 2021
- Analysis of the Potential of Digital Youth Entrepreneurship Development in Russia – Atlantis Press – 16 January 2020
- “Investment attitude of millennials towards cryptocurrencies” – Westburn Publishers Ltd – 01 December ,2020
Beautiful work, Maxx.