The Commodification of Political Distrust: Do Crypto “Hodlers” Distrust Political Institutions?

Anton Brännlund*, Henrik Serup Christensen

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

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Abstract

The study investigates the link between political distrust and long-term cryptocurrency investment, motivated by the cryptocurrency market's volatility and the potential of digital currencies to alter economic–political systems. Utilizing panel data from Finland 2022–2023 on duration of ownership and political attitudes, the research uncovers a correlation between political skepticism and long-term investment in cryptocurrencies, suggesting a shift from conventional assets to decentralized ones. This emphasizes the role of political trust in financial decisions and proposes further exploration of its impact on cryptocurrency investments.
Original languageEnglish
Pages (from-to)769-779
JournalEconomics and Politics
Volume37
Issue number2
Early online date18 Mar 2025
DOIs
Publication statusPublished - Jul 2025
MoE publication typeA1 Journal article-refereed

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