The social side of cryptocurrency
Exploring the investors’ ideological realities from Romanian Facebook groups
Bibliographic Data
| ID | 12656990 |
|---|---|
| Authors | D M Obreja (0000-0001-6146-8721, University of Bucharest, Romania, corresponding author) |
| Year | 2022 |
| Volume | 26 |
| Issue | 5 |
| Pages | 2748-2765 |
| Publication date | 2022-05-02 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | New Media & Society (JOURNAL) |
| Journal identifiers | ISSN: 1461-4448 • E-ISSN: 1461-7315 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/14614448221092028 |
| OpenAlex | W4225265950 |
| Language | EN |
| Citations received | 2 |
| References cited | 21 |
The complexity of blockchain technologies is reflected in the various ways in which social actors operate with crypto transactions, and this is seen in the wide range of discourses and practices adopted on the crypto market. Using social constructivism, this study highlights the fact that social practices in the crypto area respect certain thematic ideologies, through which individual discourses reflect different pragmatic expectations in relation to virtually encrypted transactions. Drawing on inductive thematic analysis based on 38 semi-structured interviews with Romanian investors, four major themes emerge: (1) unbreakable power of code encompasses rather libertarian discourses on potential state policies, (2) key role of peers explains the investments in the crypto market as a form of community membership, (3) assuming plenty of risks highlights the discourses focused on substantial and unpredictable gains, and (4) preferring safety above all encompasses discourses on financial stability through rather conservative behaviors
Computer security · Cryptocurrency · Enforcement · Ideology · Law and economics · Political science · Politics · Public relations · Qualitative research · Romanian · Social constructivism · Social media · Social science · Sociology · State (computer science · Thematic analysis · Blockchain Technology Applications and Security · Computer Science · Cybercrime and Law Enforcement Studies · FinTech, Crowdfunding, Digital Finance · Law
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Infrastructure studies meet platform studies in the age of Google and Facebook
Blockchain archival discourse
Blockchain as a confidence machine
Human-Machine Reconfigurations
Using thematic analysis in psychology
Risk society
The social construction of reality
Mine the gap
When perhaps the real problem is money itself
New spaces of disruption? The failures of Bitcoin and the rhetorical power of algorithmic governance
The Social Life of Bitcoin
Crypto-miners
| Unique citing works | 2 |
|---|---|
| Citations per year | 2 |
| Citation span | 2025 - 2026 (2) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |