Coinbase Survey Reveals 20% of Americans Own Crypto Assets Amid Challenging Market Conditions

A examine commissioned by crypto change Coinbase in america reveals that greater than a fifth of People personal crypto.

The examine performed in February says that fifty million People, or 20% of the US inhabitants, personal crypto, about the identical determine as early 2022.

On the political affiliation of the People who personal crypto property, the survey says,

“Crypto possession is mostly constant for Republicans (18%), Democrats (22%), and Independents (22%), chatting with how crypto is a uncommon bipartisan subject.”

Youthful People and folks of shade have the next charge of crypto possession, per the survey.

The survey additionally reveals that 80% of People are of the opinion that the worldwide monetary system “unfairly favors highly effective pursuits” whereas 67% say that it requires “main adjustments or a whole overhaul.”

“The survey discovered that 80% of respondents consider the present monetary system is unfair, with the overwhelming majority expressing frustration with the present monetary system and a starvation for change.”

Based on the survey, greater than three-quarters of the People who personal crypto are optimistic about the way forward for crypto property in addition to blockchain expertise and consider they may very well be a part of an answer to the issues afflicting the monetary system.

“76% of those that personal crypto agree that cryptocurrency and blockchain are the long run. These numbers are even larger amongst folks of shade and youthful People. No matter crypto possession, the vast majority of Gen Z adults (54%) and Millennials (55%) agree that cryptocurrency and blockchain are the long run.”

The survey performed by enterprise intelligence agency Morning Seek the advice of on behalf of Coinbase polled over 2,000 People.

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