Redditors share ‘reasonable’ goals in response to crypto billionaire survey

Redditors share ‘reasonable’ goals in response to crypto billionaire survey

A survey showed that more than 70% of respondents believe they have the right tools to become crypto billionaires. While some Americans believe that they could become billionaires by trading cryptocurrencies, some Redditors think that it may be better to aim for lower and more reasonable goals, such as becoming millionaires. In a study, market research firm The Harris Poll surveyed 1,989 United States adults and found that more than 70% are confident that they have the right tools to become billionaires someday. However, community members on the cryptocurrency subreddit had other goals in....


Related News

Survey: Is the Bitcoin Community Just Young, White and Male?

This survey is now also available in Chinese and also in Spanish and in Japanese. It's a common observation: the bitcoin community largely consists of young, white males. But to what degree is this actually true? Just what percentage of those interested in digital currency matches this description? To find out, CoinDesk has launched a new survey to determine who exactly makes up the bitcoin community and the demographics with a general interest in digital currency. The survey only takes a couple of minutes to complete, but will lead to a greater understanding of the community. You can....

Billionaire Ray Dalio Explains Why He Owns Bitcoin And Ethereum

Billionaire Ray Dalio has revealed that he holds bitcoin and ethereum holdings. Various billionaires have also been public about their bitcoin and ethereum holdings. For a lot of these billionaires, the move from cash into cryptocurrencies has been a pertinent one as the former continues to lose its value in the market. Dalio also gave this as a reason for holding the cryptocurrencies. Growing concerns about the value of cash as an investment have seen both institutional and individual investors move their holdings into cryptocurrencies. Coupled with rising inflation rates, diversifying....

Survey: 9% of Americans 'Puzzled' by Bitcoin Logo

9% of Americans were left feeling 'puzzled' or 'confused' after being shown the bitcoin logo, according to a recent survey by The Digital Currency Council (DCC). The survey, which asked 504 people across the United States to provide a one word response to the logo, also found that 7% felt 'nothing'. Approximately 5% of those surveyed recognised that the image had something to do with either 'money' or 'wealth', whilst 3% noted that it represented bitcoin. The survey also found that 2% of people expressed indifference and the remaining 1% failed to know what the symbol meant. The remaining....

Reddit now enables sitewide bitcoin tipping

Reddit users can now use the site's bitcointip bot to offer a financial thumbs-up to fellow redditors on any subreddit. Previously, the feature worked only on the Bitcoin subreddit. However, now redditors anywhere on the site can use the mention feature to tip other users for an insightful comment, payment or worthy cause. Here's how it works: Redditors can sign up for the service and find a quick-start guide at the Bitcointip subreddit. Signing up creates a bitcoin address for each user, which can then be funded by sending bitcoins to that address. Redditors with bitcoins in their....

Latest Global Findex Survey: Share of Adult Population with a Bank Account No...

Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification required for opening a bank account. Mobile Money Narrows Financial Exclusion Gap in Sub-Saharan Africa According to the findings of the 2021 Global Financial Index (Findex) survey, the percentage of the world’s adult population with a bank account is now 76%, a fifty percent....