Is America Ready For a Cashless Society? New Gallup Poll Gives Answer
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....
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Young U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest 6% of American investors own bitcoin. American Bitcoin Investors Increase by 4% in 3 Years The American survey and analytics firm Gallup has published new findings from a recent survey the company did on bitcoin investing. The firm’s survey called the Gallup Investor Optimism Index explains there is “more momentum among investors younger than....
There’s still a long way to go, but analytics firm Gallup asked US investors about Bitcoin and got increasingly positive results. Slowly but surely, Bitcoin is reaching mainstream status. Gallup made a similar survey in 2018, and the compared data from both tells an interesting and bullish story. People with investable income are slowly waking […]
Every day one hears about the impending demise of physical cash - the dirty coins and banknotes that our grandfathers used for everyday transactions, and some filthy criminals still use today - and the upcoming transition to a cashless society. To us geeks that seems initially a good idea - more virtual, more wired, more connected, more cyber - but then one has second thoughts. Cashless society? I say NO, thanks. Not yet. Sweden Leads in Cashless Transactions. Cashless as they intend it means 24/7 surveillance. It's a tool of Big Brother. If you have doubts, let me lay them to rest for....
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....
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....