Bank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times M...
Bank of America has found that younger wealthy Americans are 7.5 times more likely to hold crypto in their portfolios than investors aged 43 and older. “If the youngest cohort isn’t confident in stocks, where do they see opportunities for investment growth? Alternatives, including cryptocurrencies, which are their No. 1 choice,” the bank wrote. Young Wealthy Americans Prefer Cryptocurrencies to Stocks Bank of America released its 2022 Private Bank Study of Wealthy Americans this week. The report highlights the results of an online survey, conducted from May to June, of 1,052....
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A dubious survey on NFT adoption among Americans, apparently from Piplsay Research, claims 18% of Americans own these collectibles. Dubious Survey Floats Around The Web, Says 18% Of Americans Own NFTs? According to Bitcoin.com, global consumer research platform Piplsay Research conducted a survey on NFTs between 3-5 September. However, the original poll is nowhere to […]
The less people know about bitcoin, the more they want to ban it. That's according to a Reason-Rupe survey, which found that 56% of those in the survey knew "nothing at all" about bitcoin. With only 19% claiming to know "a lot" or "some" about bitcoin, the results demonstrate just how little general understanding there is about bitcoin, despite the increase in media coverage. A Bloomberg poll in December 2013 found 46% of people didn't know what bitcoin is, with 6% guessing it is an Xbox game. A UK survey in February found a similar figure for awareness of the digital currency. Age....
Some interesting data coming from Wired Innovation Insights this Thursday. A survey that utilized 2,000 Americans as respondents show that the legitimacy of bitcoin as a force for good, outside of our community, is very in doubt. Wired notes that the survey was run three times over the course of two months, amidst the Mt. Gox disaster that ended with the exchange filing for bankruptcy protection. Perhaps the result that stands out most: 62 percent of respondents believe that bitcoin is a scam of some sort. 15 percent of male respondents believe that bitcoin is used to fund terrorism. 23....
The majority of young consumers in the US believe that bitcoin 'helps the global economy', a new survey commissioned by The Street has revealed. 57% of the 18- to 25-year-olds that took part in the nationwide GfK survey believe bitcoin benefits the global economy, while 33% believe it helps the US dollar. It seems younger consumers are more comfortable with bitcoin than their parents or grandparents. This is not surprising, as previous surveys have indicated that younger generations are more open to digital currencies like bitcoin and litecoin. What is surprising is the fact that the 50-....
A new survey finds that crypto adoption and DeFi usage among Americans is deceptively low despite the echo chamber of the industry-leading people to believe otherwise. A new survey by polling agency Morning Consult found that fewer than one third of ordinary Americans have heard of DeFi compared with 77% of crypto owners.Considering that about 87% or 290.9 million Americans did not yet own crypto through 2021 according to Statista, awareness of decentralized finance (DeFi) among non-owners is limited to about 90 million Americans and still has a long way to go.Morning Consult’s survey also....