A vast majority of Americans are showing interest towards using cryptocurrency which could boost a cryptocurrency market.
Cryptocurrency is a digital currency designed to be decentralized and secure in many cases. It is stated that 79 percent of people in the United States know about cryptocurrency. In which, Bitcoin is famous amongst all cryptocurrency. 13 percent participants heard a name of the leading altcoin Ethereum.
87 percent participants heard about Bitcoin but didn’t sell and buy anything through this virtual currency. 15 percent of participants bought Bitcoin earlier. 9 percent participants own cryptocurrency and 25 percent stated that they will own some crypto in the coming future.
According to a report by Cointelegraph, the answers of 1202 respondents from August 29-30 by evaluating the interest of respondents in using cryptocurrency: “Of the people who believe that cryptocurrencies will become widely accepted, over one-third (36%) say they would be interested in converting to primarily using a cryptocurrency rather than the U.S. dollar. However, a majority (57%) say they would not be interested in converting away from the U.S. dollar. Millennials are almost equally split between being interested (48%) and not interested (50%).”
This survey has shown a mirror image in the cryptocurrency market.
The data and information gathered through a survey carried out by an investigation group service called YouGov Omnibus and the Americans included born after the year 2000 only, according to a report by Tecnologia.
Men heard almost every kind of cryptocurrency. Out of ten (27 percent), three women have not heard of any cryptocurrency, comparatively 16 percent of men chose the same answer. 17 percent of respondents said that cryptocurrency will be used more for legal purchases. In which, Hispanic Americans are likely to believe that cryptocurrencies could be used for legal purchases, according to a report by YouGov.
It is expected that interest in the cryptocurrency market will be double in the future because a majority of the people believe that cryptocurrency will be accepted widely.
The post Half of American Millennials Are Interested Using Cryptocurrency Will Boost Cryptocurrency Market appeared first on OWLT Market.
from OWLT Market https://ift.tt/2MX4XLb
via IFTTThttps://ift.tt/2OlCCL9
No comments:
Post a Comment