Abstract
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.
Keywords
Get full access to this article
View all access options for this article.
References
Supplementary Material
Please find the following supplemental material available below.
For Open Access articles published under a Creative Commons License, all supplemental material carries the same license as the article it is associated with.
For non-Open Access articles published, all supplemental material carries a non-exclusive license, and permission requests for re-use of supplemental material or any part of supplemental material shall be sent directly to the copyright owner as specified in the copyright notice associated with the article.
