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Attitudes to Cryptocurrencies: A Comparative Study Between Sweden and Japan
Rickard Grassman1, Vanessa Bracamonte2, Matthew Davis3
1Stockholm University, Stockholm, Sweden.
The Review of Socionetwork Strategies
|May 4, 2022
Summary
This study analyzes cryptocurrency reception in Sweden and Japan, revealing cultural attitudes towards autonomy and ethical implications. Findings highlight how national contexts shape perceptions of digital currency benefits and risks.
Area of Science:
- Social Sciences
- Technology Ethics
- Digital Economy
Background:
- Cryptocurrencies represent a novel financial technology with significant societal implications.
- Understanding user attitudes and cultural reception is crucial for assessing ethical challenges.
- Previous research has not fully explored country-specific discourses on cryptocurrency autonomy.
Purpose of the Study:
- To investigate the reception of cryptocurrencies in Sweden and Japan.
- To analyze attitudes and discourses surrounding cryptocurrency autonomy.
- To identify culturally nuanced ethical implications and potential benefits of this technology.
Main Methods:
- Topic modeling of social media discourses among cryptocurrency users.
- Discourse analysis to interpret culturally situated significance.
- Comparative analysis of user attitudes in Sweden and Japan.
Main Results:
- Identified distinct discourse patterns related to autonomy in Swedish and Japanese cryptocurrency communities.
- Revealed culturally specific interpretations of cryptocurrency benefits and ethical concerns.
- Highlighted the influence of national contexts on technology perception.
Conclusions:
- Autonomy serves as a key lens for understanding cryptocurrency reception across different cultures.
- National ideologies and cultural nuances significantly shape attitudes towards digital currencies.
- A culturally informed perspective is essential for navigating the ethical landscape of cryptocurrencies.
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