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Bitcoin Group Bias Illusion Authority

When the Highest Paid Person Opinion (HIPPO) is never questioned — ignorelimits.com

When the Highest Paid Person Opinion (HIPPO) is by no means questioned — ignorelimits.com

As mentioned within the earlier article on biases, we will perceive a few of the misconceptions round Bitcoin by taking a look at completely different cognitive biases and their impact on folks’s understanding of bitcoin the asset and Bitcoin the community.

“A cognitive bias is a systematic pattern of deviation from norm or rationality in judgment. Individuals create their own “subjective reality” from their notion of the enter. An particular person’s building of actuality, not the target enter, could dictate their habits within the worl​d.” –Wikipedia

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