The Impact of Cryptocurrency Investor Risk Perception and Awareness on the Current Uses and Future Projections of Cryptocurrencies: A Research on Istanbul Provincial Health Directorate Employees

Mustafa Özyeşil and Havane Tembelo
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Mustafa Özyeşil: İstanbul Aydin University
Havane Tembelo: Istanbul Aydin University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2024, vol. 39, issue 121, 89-117

Abstract: This study investigates cryptocurrency knowledge, risk perception, and investment strategies among Istanbul Provincial Health Directorate employees. Analyzing data from 399 participants using the Cryptocurrency Investment Trust Scale, which is developed by Ozyesil and Tembelo (2023), results indicate limited cryptocurrency awareness, moderate risk perception, and conservative investment tendencies. While most participants have heard of cryptocurrency, their understanding remains shallow, perceiving it as high- risk and favoring traditional financial instruments. The study emphasizes the necessity of educational initiatives and regulatory frameworks to facilitate safe and compliant cryptocurrency usage within the healthcare sector.

Keywords: Cryptocurrency; Blockchain; Cryptocurrency Risk; Crypto- currency Awareness (search for similar items in EconPapers)
JEL-codes: G28 I18 O32 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:39:y:2024:i:121:p:89-117

DOI: 10.33203/mfy.1336082

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