Summary of the hypothesis test
| H | Hypothesis statement | Result |
|---|---|---|
| H1 | Attitude positively influences the intention to use cryptocurrencies for electronic commerce | Supported |
| H2 | Subjective norm positively influences the intention to use cryptocurrencies for electronic commerce | Supported |
| H3 | Perceived control behavior positively influences the intention to use cryptocurrencies for electronic commerce | Supported |
| H4 | Illegal attitude positively influences the intention to use cryptocurrencies for electronic commerce | Supported |
| H5 | Herding behavior positively influences the intention to use cryptocurrencies for electronic commerce | Supported |
| H6 | Perception of risk positively influences the intention to use cryptocurrencies for electronic commerce | Supported |
| H7 | Financial literacy positively influences the intention to use cryptocurrencies for electronic commerce | Not supported |
| H8a | The relationship between attitude and the intention to adopt cryptocurrencies for electronic commerce is stronger in collectivist than in individualist societies | Supported |
| H8b | The relationship between subjective norm and the intention to adopt cryptocurrencies for electronic commerce is stronger in collectivist than in individualist societies | Supported |
| H9a | The positive relationship between social influence and the intention to adopt cryptocurrencies for electronic commerce is stronger in societies characterized by high power distance | Supported |
| H9b | The positive relationship between herding behavior and the intention to adopt cryptocurrencies for electronic commerce is stronger in societies characterized by high power distance | Supported |
| H10a | The positive relationship between illegal attitude and the intention to adopt cryptocurrencies for electronic commerce is weaker in societies characterized by high power distance | Supported |
| H10b | The positive relationship between illegal attitude and the intention to adopt cryptocurrencies for electronic commerce is weaker in collectivist societies | Supported |
| H11a | The positive relationship between perceived control behavior and the intention to adopt cryptocurrencies for electronic commerce is stronger in societies characterized by long term orientation | Not supported |
| H11b | The positive relationship between perceived risk and the intention to adopt cryptocurrencies for electronic commerce is weaker in societies characterized by long term orientation | Supported |
| H | Hypothesis statement | Result |
|---|---|---|
| Attitude positively influences the intention to use cryptocurrencies for electronic commerce | Supported | |
| Subjective norm positively influences the intention to use cryptocurrencies for electronic commerce | Supported | |
| Perceived control behavior positively influences the intention to use cryptocurrencies for electronic commerce | Supported | |
| Illegal attitude positively influences the intention to use cryptocurrencies for electronic commerce | Supported | |
| Herding behavior positively influences the intention to use cryptocurrencies for electronic commerce | Supported | |
| Perception of risk positively influences the intention to use cryptocurrencies for electronic commerce | Supported | |
| Financial literacy positively influences the intention to use cryptocurrencies for electronic commerce | Not supported | |
| The relationship between attitude and the intention to adopt cryptocurrencies for electronic commerce is stronger in collectivist than in individualist societies | Supported | |
| The relationship between subjective norm and the intention to adopt cryptocurrencies for electronic commerce is stronger in collectivist than in individualist societies | Supported | |
| The positive relationship between social influence and the intention to adopt cryptocurrencies for electronic commerce is stronger in societies characterized by high power distance | Supported | |
| The positive relationship between herding behavior and the intention to adopt cryptocurrencies for electronic commerce is stronger in societies characterized by high power distance | Supported | |
| The positive relationship between illegal attitude and the intention to adopt cryptocurrencies for electronic commerce is weaker in societies characterized by high power distance | Supported | |
| The positive relationship between illegal attitude and the intention to adopt cryptocurrencies for electronic commerce is weaker in collectivist societies | Supported | |
| The positive relationship between perceived control behavior and the intention to adopt cryptocurrencies for electronic commerce is stronger in societies characterized by long term orientation | Not supported | |
| The positive relationship between perceived risk and the intention to adopt cryptocurrencies for electronic commerce is weaker in societies characterized by long term orientation | Supported |
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