Bitcoin And Biases — Bitcoin As ESG Money

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Previous articles discussed the cognitive biases that affect bitcoin and biases around price and around group norms and groups’ authorities.

There are also many cognitive biases that affect the conception of bitcoin and the term Environmental, Social, and Corporate Governance (ESG), which is an evaluation of a firm’s collective conscientiousness for social and environmental factors.

The term ESG is widely used across the financial arena to meet client and institutional demands for responsible investment. ESG appeals to our desire as human beings to have purpose and to use our resources to do good in the world.

Awareness and understanding of some of the cognitive biases around bitcoin and ESG can pave the way for awareness and better understanding of the actual facts regarding bitcoin and its ESG values.

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