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Study: 91% of American consumers have heard of cryptocurrency

Study: 91% of American consumers have heard of cryptocurrency

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Answer Study: 91% of American consumers have heard of cryptocurrency

If you haven’t heard of cryptocurrencies yet, you probably belong to a very small minority.

According to a recent survey published by the Global Studies Platform “Morning Consultation“91% of American consumers are familiar with cryptocurrencies, confirming the scope of their prevalent adoption.

19 percent of the respondents who participated in the above-mentioned survey said that they own some cryptocurrency.

Meanwhile, Morning Consult found that some of the most important crypto buzzwords, such as “DeFi” and “Web 3.0,” have not yet penetrated mainstream consciousness.

Despite widespread media coverage, half of American consumers who do not own cryptocurrency have never heard of the term NFT tokens.

Read:Hacking a decentralized finance project and stealing more than 1 million dollars…Details here

Even 13% of cryptocurrency owners are not aware of the hottest trend in the crypto market.

The same study also showed that a third of cryptocurrency owners are not familiar with the term “CBDC” despite the fact that a large number of central banks around the world are working to launch their own central bank currencies.

The vast majority of non-cryptocurrency holders (70%) have also not heard of government-issued cryptocurrencies.

38 percent of cryptocurrency owners are not familiar with “Web 3.0.”

It is worth noting that the concept of “Web 3.0” has been severely criticized by prominent figures such as the CEO of “Tesla” and the former CEO of “Twitter”.

69 percent of non-cryptocurrency holders have not heard of decentralized finance despite the fact that several high-profile projects have emerged over the past two years within this fast-growing sector.

Read:The Arab platform Upex announces a competition related to the news of adding BHP currency

At the same time, 40% of adults claim that current financial services are not innovative enough.

Read also:

Ripple Co-Founder: I Have Bitcoin and I Refuse to Ban Bitcoin

Ronin hacked the Ethereum network, stealing $600 million


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