Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace ...
A survey commissioned by Satoshilabs finds that from the 45.8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution. In addition, about 31.7% of those surveyed see crypto as a legitimate alternative to the U.S. dollar, while 40% still slightly favor fiat cash. The Impact of Money Creation The Satoshilabs survey, which assessed the awareness of cryptocurrencies among the different demographic groups, sought views from more than a thousand Americans across the country. Writing in a blog that explains the survey’s....
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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 adoption curve of crypto is believed to be in its early stages, and Wells Fargo data shows its close similarities with the early stages of internet adoption back in 1990, giving a glimpse of how crypto could become a part of everyone’s lives as it reaches the mainstream. In a Brief History of The Internet, internetsociety.org notes that “The Internet has revolutionized the computer and communications world like nothing before.” If crypto is the next revolution and many industries are already jumping in (finance, music, fashion, gaming, social media, etc), what will....
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The report published by cryptoliteracy.org further explains that 9 out of 10 survey respondents did not know that Bitcoin’s supply is capped off at 21 million.
Despite the Bull Run in 2021, Study Shows Crypto Knowledge Is Lacking in the US, Mexico, Brazil
According to a study published by cryptoliteracy.org....
With prices down significantly since the start of the year, there’s no better time to stock up on the top 5 new cryptos to invest in. In order to make the selection process easier, we’ll be taking a look at the top 5 new cryptos to invest in and providing an overview on how to buy our top pick. Let’s begin. Best New Cryptos to Buy in the Crypto Bear Market – Top List For investors asking what are the top cryptos to invest in, each of the projects that we’ll be taking a look at is new and has a massive amount of upside potential, making it a great up-and-coming crypto to invest....
Only 12% of American adults used crypto in 2021, and the demographic gap between those who invested in it and those who used it in transactions was enormous. The United States Federal Reserve Board has included data on cryptocurrency in its new Economic Well-Being of U.S. Households in 2021 report. The Fed’s ninth annual report looked at survey results from 11,000 people questioned in October and November 2021. The report indicated financial wellbeing is the highest it has been since reporting began, with 78% of U.S. adults “doing okay or living comfortably financially.” That is an....