Buy/Hold/Trade or Sell/Divest/Disengage: Using Executive Functions in Electronic Hive Minds for Decision Making Around Cryptocurrencies

Buy/Hold/Trade or Sell/Divest/Disengage: Using Executive Functions in Electronic Hive Minds for Decision Making Around Cryptocurrencies

ISBN13: 9781522593690|ISBN10: 1522593691|ISBN13 Softcover: 9781522593706|EISBN13: 9781522593713
DOI: 10.4018/978-1-5225-9369-0.ch005
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MLA

Shalin Hai-Jew. "Buy/Hold/Trade or Sell/Divest/Disengage: Using Executive Functions in Electronic Hive Minds for Decision Making Around Cryptocurrencies." Electronic Hive Minds on Social Media: Emerging Research and Opportunities, IGI Global, 2019, pp.121-202. https://doi.org/10.4018/978-1-5225-9369-0.ch005

APA

S. Hai-Jew (2019). Buy/Hold/Trade or Sell/Divest/Disengage: Using Executive Functions in Electronic Hive Minds for Decision Making Around Cryptocurrencies. IGI Global. https://doi.org/10.4018/978-1-5225-9369-0.ch005

Chicago

Shalin Hai-Jew. "Buy/Hold/Trade or Sell/Divest/Disengage: Using Executive Functions in Electronic Hive Minds for Decision Making Around Cryptocurrencies." In Electronic Hive Minds on Social Media: Emerging Research and Opportunities. Hershey, PA: IGI Global, 2019. https://doi.org/10.4018/978-1-5225-9369-0.ch005

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Abstract

An electronic hive mind (EHM) can be a distributed virtual community and a mental space for information-gathering, analysis, and ultimately, decision making; it can play the role of executive functioning (in the same way a frontal lobe does for a human brain) and inform real-world actions. To see how this might function, the EHM around cryptocurrencies was explored from multiple social media platforms. This topic addresses an issue that is not fully defined and is of broad-scale mainstream interests. Cryptocurrencies may be everything from virtual ephemera and hot promises to a life-changing innovation. As a phenomenon, it has instantiated in different ways around the world, with cryptocurrency “farming” centers, nation-state-issued cryptocurrencies, government efforts at regulating such exchanges, and volatile gains and losses for cryptocurrency speculators and investors. How people engage with cryptocurrencies can affect their real-world net worth as well as other aspects of their lives, so this is not merely a theoretical issue but one with real-world impacts. This work explores three hypotheses around social messaging, the general membership of the target electronic hive mind, and mass virtual executive functioning and discovers a mind hyped on seductive promise.

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