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The Impact of Knowledge and Experience on Opinion Formation: The Case of Cryptocurrencies

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dc.abstract.enThe aim of this paper was to investigate the influence of knowledge and experience in a specific domain on the formation of opinions regarding a particular issue. The research focused on cryptocurrencies, chosen due to their relatively new and unexplored nature in terms of opinion formation. A survey questionnaire was used to collect data from 778 university students, which were then analyzed using the SmartPLS package. The survey was conducted in Poland, a country where cryptocurrencies are treated relatively neutrally, not being banned but also not widely accepted as a means of payment. The main research question addressed whether previously acquired knowledge and experience with cryptocurrencies impact opinion formation. Four latent variables were examined: Experience, Perceived Benefits, Perceived Disadvantages, and Opinion Formation. The findings reveal that Experience has the strongest influence on Opinion Formation, followed by Perceived Benefits, which has a positive effect, and Perceived Disadvantages, which has a negative effect. Therefore, the hypotheses were supported, indicating a positive association between Perceived Benefits and Opinion Formation (H1), as well as between respondents' Experience with cryptocurrencies and Opinion Formation (H3). Additionally, H2 was supported, indicating a negative association between Perceived Disadvantages and Opinion Formation. Our research results enrich the literature, particularly in the field of interdisciplinary approaches to cryptocurrencies, knowledge, and experience
dc.affiliationUniwersytet Warszawski
dc.conference.countryPortugalia
dc.conference.datefinish2023-09-08
dc.conference.datestart2023-09-07
dc.conference.placeLisbon
dc.conference.seriesEuropean Conference on Knowledge Management
dc.conference.seriesEuropean Conference on Knowledge Management
dc.conference.seriesshortcutEKM
dc.conference.shortcutEKM 2023
dc.conference.weblinkhttps://sin.put.poznan.pl/conferences/details/conference/24th-european-conference-on-knowledge-management-eckm-2023
dc.contributor.authorEisenbardt, Tomasz
dc.contributor.authorEisenbardt, Monika
dc.date.accessioned2024-01-26T10:16:56Z
dc.date.available2024-01-26T10:16:56Z
dc.date.issued2023
dc.description.financePublikacja bezkosztowa
dc.identifier.urihttps://repozytorium.uw.edu.pl//handle/item/122463
dc.identifier.weblinkhttps://papers.academic-conferences.org/index.php/eckm/article/view/1422/1311
dc.languageeng
dc.pbn.affiliationmanagement and quality studies
dc.relation.pages344-353
dc.rightsClosedAccess
dc.sciencecloudnosend
dc.subject.enExperience with cryptocurrencies
dc.subject.enKnowledge
dc.subject.enPerceived benefits
dc.subject.enPerceived disadvantages
dc.subject.enCryptocurrencies
dc.subject.enOpinion formation
dc.titleThe Impact of Knowledge and Experience on Opinion Formation: The Case of Cryptocurrencies
dc.typeJournalArticle
dspace.entity.typePublication