Gallup Poll Finds Few Consumers Trust Digital Wallets
Few consumers are using digital wallets - just 2% according to recent data from Gallup - and those who don't say concerns about security are the reason. Despite enthusiasm among financial tech observers and investors for digital wallets, it seems few users are enthused. Other studies suggest that while many consumers have heard about mobile wallets, overall adoption is low. New data released by Gallup adds to this canon, finding little interest for digital wallets - software that ostensibly enables easier payment via electronic means. Why? Fifty-five percent of those who don't use digital....
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If you have seen any of Mark Dice’s YouTube videos over the last couple of years, asking the average American for their views and comprehension on the current ‘State of the Union,’ you might not expect a satisfying experience. Choosing to take a Hershey’s chocolate bar over a 10 oz bar of silver, or failing to know what the D.C. in Washington D.C. stands for is disturbing to watch. Maybe Americans, in their defense, are more focused on their own financial future over such trivial pursuits like national geographical knowledge. A new poll of Americans, done by Gallup, reveals what is in....
Three times more U.S. investors are holding BTC now than in 2018 according to the poll. A recent survey has revealed Bitcoin has gained traction with younger U.S. investors in terms of awareness, interest, and ownership over the past three years.The study conducted by global analytics and advice firm Gallup revealed that the number of investors in the U.S. holding BTC has jumped from 2% in 2018, to 6% as of June 2021. The research defines “investors” as adults with $10,000 or more invested in stocks, bonds, or mutual funds.It also reported that Bitcoin ownership among investors surveyed....
If we want to make digital currency a mainstream trend, a lot of things will have to change over the coming years. Perhaps one of the most important things that need to be changes is how people perceive digital wallets. As it stands right now, there are multiple concerns regarding security, convenience, and ease-of-use. Most of the digital wallets –....