The impact on people’s holding intention of bitcoin by their perceived risk and value

Huang, Wei‐Lun

doi:10.1080/1331677x.2019.1667257

Cited by 20 publications

(17 citation statements)

References 36 publications

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“…Cryptocurrency has emerged as an important technology-enabled digital currency facilitating consumers’ requirements for flexible, convenient and time-efficient payment systems (Huang, 2019; Salcedo and Gupta, 2021). Cryptocurrencies, which are seen as cutting-edge Fintech technologies, have grown quickly (Liu et al , 2022), disrupted financial markets and altered how the global economy functions (Albayati et al , 2020; Dabbous et al , 2022).…”

Section: Introductionmentioning

confidence: 99%

Cryptocurrency adoption and continuance intention among Indians: moderating role of perceived government control

Kala

Chaubey

2023

DPRG

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Purpose This study aims to investigate the influence of perceived government control (PGC) on cryptocurrency adoption and continuance intention among Indians through an integrated model of the extended Unified Theory of Acceptance and Use of Technology (UTAUT) with the Information System Success Model (ISSM). Design/methodology/approach This study examined the items of cryptocurrency adoption, continuance intention and PGC adopted from the information systems and cryptocurrency literature. The survey was administered to 391 Indians through an online questionnaire. Partial least squares structural equation modeling was used to analyze data. Findings Results have shown that social influence, effort expectancy and perceived trust are the major drivers for cryptocurrency adoption. All paths leading to cryptocurrency adoption were found to be significant in the hypothesized directions. The study also found that PGC moderates the relationship between adoption and continuance intention. Originality/value This study advances existing literature by empirically verifying the integrated UTAUT and ISSM in the context of cryptocurrency adoption for investment purposes. The findings offer crypto-developers and crypto-exchange insight into how adoption is diffusing in emerging markets. The findings provide policymakers with meaningful insights into the role of government regulations in cryptocurrency continuance intention.

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Section: Introductionmentioning

confidence: 99%

Cryptocurrency adoption and continuance intention among Indians: moderating role of perceived government control

Kala

Chaubey

2023

DPRG

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“…According to (Huang, 2019), if the government enacts regulations that reduce the risk of investment transactions, men will have a greater propensity to desire crypto assets. Nonetheless, this was not discovered in this study.…”

Section: Discussionmentioning

confidence: 99%

“…According to (Kayani et al, 2021), the government plays a significant role in influencing men and women to own crypto assets. (Huang, 2019) discovered that government regulations can influence their desire to own crypto assets. Weilun explained that men are more likely to want to own crypto assets if the government can implement regulations to reduce risk in crypto transactions.…”

Section: Gender Moderates Government Regulation On Behavioral Intentionsmentioning

confidence: 99%

The Influence of Subjective Norms, Financial Literacy, Trust, and Government Regulation on Behavioral Intention to Invest in Crypto Assets

Prasetyo¹,

Kurniasari²

2023

Preprint

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Indonesian crypto asset owners are expanding despite the government's ban. Crypto assets are too risky for Indonesian investors. This study uses the Theory of Planned Behavior and exogenous variables like financial literacy, trust, and government regulation to determine the causes of the intention to invest in crypto assets. Exogenous variables and behavioral intentions were moderated by gender. The study employs a quantitative approach, collecting data through a questionnaire survey of 149 adults over the age of 17 who have invested in non-crypto assets. SmartPLS was used to analyze research data. Financial literacy and trust, according to the study's findings, have an impact on the intention to invest in crypto assets. Gender can moderate the relationship between belief and behavioral intention. Women are more likely than men to invest in crypto assets due to the block chain system's security, transparency, and ease of use. This research is expected to help the government address the risks associated with investing in crypto assets by increasing transaction security with futures clearing and monitoring by using third parties as depositors. It also governs the laws governing crypto exchanges' liability to their investors.

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“…In addition, the existence of "pump and dump schemes" contributes to such an effect. Researching the impact of peoples' intention to hold Bitcoin based on their perception of its value and risk, Huang (2019) finds that most individuals do not understand either the values or the risks of Bitcoin.…”

Section: Introductionmentioning

confidence: 99%

The Risk and Return of Traditional and Alternative Investments Under the Impact of COVID-19

Aljinović

Marasović

Milićević

2022

Business Systems Research Journal

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Background: In making investment decisions, asset risk and return are two crucial criteria on which investors base their decision. Objectives: This paper provides risk and return analysis and compares different traditional and alternative investments with special emphasis on the COVID-19 crisis. Assets included in the analysis are stocks, bonds, commodities, real estate, foreign exchange, cryptocurrencies, renewable energy sources, gold, and oil. Methods/Approach: The risk measures of standard deviation, Value at Risk (VaR), Conditional Value at Risk (CVaR), and Sharpe ratio are used to compare the representatives of each asset class. Results: The crisis had the highest impact on the risk of crude oil, renewable energy sources, real estate, and stocks, a slightly lower impact on the risk of commodities and gold, and a very low impact on the risk of bonds, foreign exchange, and cryptocurrencies. The order of assets regarding earning potential during the crisis, compared to the period before the crisis, changed significantly for commodities in a positive way and for gold and bonds in a negative way. Conclusions: This research shows that stocks won against all other assets, including gold and cryptocurrencies, during the COVID-19 crisis. The good features of a new alternative investment – renewable energy sources – with excellent earning potential are shown.

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The impact on people’s holding intention of bitcoin by their perceived risk and value

Cited by 20 publications

References 36 publications

Cryptocurrency adoption and continuance intention among Indians: moderating role of perceived government control

Cryptocurrency adoption and continuance intention among Indians: moderating role of perceived government control

The Influence of Subjective Norms, Financial Literacy, Trust, and Government Regulation on Behavioral Intention to Invest in Crypto Assets

The Risk and Return of Traditional and Alternative Investments Under the Impact of COVID-19

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