Read full article at CryptoPotato.

According to a recent survey conducted by Pew Research Center, the vast majority of US adults (86%) have heard at least a little about digital currencies. However, only 16% of the participants admitted they have personally invested in some of them.

Americans Are Aware of Crypto

The nonpartisan think tank – Pew Research Center – surveyed more than 10,000 American citizens to determine the level of crypto awareness among them. Per the results, 24% of the participants said they know a lot about digital assets, while 62% claimed they have only heard about them. 13% are not aware of what bitcoin, ether, or any other virtual tokens are.

The poll also revealed that 31% of the US citizens who have higher earnings are more likely to have heard about cryptocurrencies, while the percentage stands at 25% among those with average salaries. Only 21% of the individuals with lower incomes have basic knowledge about the matter.

The number of people aware of cryptocurrencies has grown significantly since a similar research back in 2015 showed that less than 50% of individuals knew about bitcoin.

The share of actual crypto investors and those dealing with the asset class, though, stands at just 16%. The trends change drastically when speaking about men aged 18 to 29 years old. According to the survey, they are the most active demographic group in the industry with 43% having experience in investing, trading, or using digital assets. This share among women under 30-years-old is 19%.

Somewhat expectedly, people above 65-years-old have shown no desire to jump on the digital asset bandwagon, and only a mere 3% of them admitted ever dealing with the asset class.

Some Americans Have Made Fortune from Crypto Investments

Data from another recent poll showed that around 4% of US residents who have invested in the crypto market have resigned from their jobs over the past 12 months as they have made sufficient profits. 7% of the participants said they know someone who had quit their job because they have accumulated cryptocurrency gains.

When taking a closer look, the large proportion of the individuals are those in the lowest income brackets since 64% were people receiving not more than $50,000 per year. On the other hand, only 8% of those earning over $150,000 have done that.

The results seemed to have impressed Mark Cuban – the billionaire entrepreneur and owner of The Dallas Mavericks – as he even shared the post on his personal Twitter account. He hinted that this percentage might increase in the future if bitcoin and the altcoins continue to increase against the dollar.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency



Comments are closed


Our Other Projects - Premium Domain Names. - Social Network - Mid-century Paris NFTs, tokenized on the WAX blockchain. - Mid-century New York NFTs, tokenized on the Ethereum blockchain and offered on Rarible. - Classic Automobile News.