Crypto Is The ‘Future Of Finance,’ Survey Of Over 50% Of American Voters Show

2022-11-2 09:15

Crypto assets like the Bitcoin (BTC), altcoins like Ethereum (ETH) and stablecoins such as Tether (USDT) are riding the momentum brought about by some positive news involving these asset types over the last few days.

In what can be considered as a collective effort, cryptocurrencies initiated a bullish run that enabled the crypto market to push its overall valuation to more than $1 trillion.

Along this line, many of these virtual currencies will able to make significant price pumps to paint their charts in green.

Then, recently, American entrepreneur and and “Rich Dad, Poor Dad” author Robert Kiyosaki said Bitcoin, along with precious metals gold and silver, can be used to cushion the blow of an economic meltdown that might result from the U.S. Federal Reserve’s plans of another interest rate hikes.

Now, digital assets manager Grayscale Investments shared the result of a study it conducted that revealed more than half of American voters believe cryptocurrencies are the “future.”

Democrat Voters Trust Crypto Assets

The firm’s survey, which was conducted by The Harris Poll on its behalf, involved 2,039 respondents and was conducted from October 6 to October 11.

It found that 52% of the participating population were more than amenable with the statement “cryptocurrencies are the future of finance.”

Image: TheNextWeb

The American market and research analytics company also noted that nearly 60% of those who voted on the affirmative side were Democrats. The remaining 41% were Republicans.

It was also found that 44% of the agreeing party are seriously considering adding these asset types into their investment portfolio.

Grayscale Investments commissioned the national survey to assess the current situation of the economy and the public’s perception of cryptocurrencies in relation to the upcoming U.S. election this year.

On Regulation Amid Growing Interest

A considerable size of the respondents (37%) made sure to take into consideration first the policy ideas of candidates with regard to digital currency before voting.

Meanwhile, 81% (88% Republicans and 71% Democrats) said they want crystal clear regulations and policies to be implemented towards the burgeoning market sector to ensure the safety of investments put into it and to deter illicit activities that revolve around digital currencies.

Four out of five participants (+80%) expressed their desire for consumer-first approach regulation. This means individuals (rather than the U.S. government) will bear the responsibility of determining the best way to invest in cryptocurrencies.

The development no longer comes as a surprise, considering the growing interest in crypto assets among Americans.

According to crypto payment gateway TripleA, around 46 million or 13.7% of the total population of the U.S. own cryptocurrency, with 81% of the adults in the country saying they have already heard about the digital asset class.

A high percentage (59%) of digital currency owners revealed their reason for owning the asset was for payments purposes.

BTC market cap at $393 on the daily chart | Featured image from Forex Academy, Chart: TradingView.com

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0.0095806 (+7.58%)
Объем 24H $0
Изменеия 24h: 2.35 %, 7d: -7.78 %
Cегодня L: $0.0086651 - H: $0.0095806
Капитализация $183.154k Rank 1690
Доступно / Всего 19.117m EMD / 32m EMD

like crypto brought riding usdt momentum days

like crypto → Результатов: 126


Фото:

Analysis: Bitcoin Dip Looks Like A Temporary Correction

It’s been just under a week since Bitcoin (BTC) set a new high for the year, when it looked like the leading cryptocurrency was only a few days away from $20,000. Even the Telegraph, not known for crypto advocacy, published an article on how to jump aboard the crypto bandwagon – although it was mostly […] The post Analysis: Bitcoin Dip Looks Like A Temporary Correction appeared first on Crypto Briefing.

2019-7-2 21:23


Фото:

Brave launches world’s first privacy-focused browser that pays users crypto to view ads

Web users can now get paid in Basic Attention Token (BAT) for viewing ads as Brave Technologies has launched its long-awaited ad platform which compensates users for watching ads. The new platform which went live today reportedly counts among its advertisers brands like Vice, Home Chef, ConsenSys, Ternio BlockCard, MyCrypto, eToro, BuySellAds, TAP Network, The […] The post Brave launches world’s first privacy-focused browser that pays users crypto to view ads appeared first on CryptoSlate.

2019-4-25 23:49


Фото:

Bitcoin Bears Fail Miserably in Stopping Huge Institutional Demand For Crypto

As much as some cynics, such as traditional investor Mark Dow, like to paint it, institutions are heavily invested in the crypto space already. Sure, the Chicago Board Options Exchange (CBOE) recently divulged that it intends to put its Bitcoin (BTC) futures vehicle on the backburner, but investment statistics accentuate that big names are flooding.

2019-4-24 14:25


JPMorgan Expands Blockchain Network For Interbank Services

Central banking giant JPMorgan Chase plans to expand its blockchain network to include interbank settlements, in an effort to ward off competing services like TransferWise and Ripple. Formed in 2017 through collaboration between the Royal Bank of Canada and Australia’s ANZ Bank, the Interbank Information Network (IIN) utilizes the Ethereum-based Quorum blockchain to solve compliance […] The post JPMorgan Expands Blockchain Network For Interbank Services appeared first on Crypto Briefing.

2019-4-23 22:56


Will Facebook’s Pro-Crypto Stance Lay The Groundwork For A Massive BTC Adoption Drive Globally?

Will Facebook's Pro-Crypto Stance Lay The Groundwork For A Massive BTC Adoption Drive Globally? As per a blog post published by Spencer Bogart on Medium.com recently, the crypto savant argues that over the course of the coming 24 months, big-name players like Facebook, Telegram will help drive BTC adoption across the planet like never before […]

2019-4-20 20:13


Фото:

Is Bitcoin Price Action Repeating Itself? Real or Fakeout?

For the last 14 months, the crypto market has been getting decimated with little signs positivity. However, that vibe has recently changed, the question is, will it continue on its current uptrend or is this just a momentary bull trap that’s attempting to suck investors in? What the market feels like right now is very […] The post Is Bitcoin Price Action Repeating Itself? Real or Fakeout? appeared first on NullTX.

2019-4-19 23:55


This Billionaire Investor is ‘More and More Bullish’ in Crypto and Bitcoin

By CCN. com: Michael Novogratz, the billionaire founder of Galaxy Digital formerly of Fortress Investment Group, has said he has become much more bullish in bitcoin and crypto in recent months. “I am more and more bullish BTC and our whole space,” he said despite the bitcoin price being down about 74 percent from its all-time high.

2019-4-18 16:45


Фото:

Want to Learn How to Trade Crypto Like a Pro? Win a Free 12-Week Course from The Rational Investor

Bitcoinist is thrilled to give away one 12-week trading course brought by The Rational Investor valued at $1195 for free!  As the cryptocurrency market has kicked off 2019 with a blast, we’re happy to do the same thing with a special giveaway! We are giving away one 12-week trading course brought by The Rational Investor valued at $1195 to one lucky participant! Course Details The course is led by Brian Beamish, a professional trader, educator, Read More The post Want to Learn How to Trade Crypto Like a Pro? Win a Free 12-Week Course from The Rational Investor appeared first on Bitcoinist.com.

2019-4-18 15:00


Ethereum Continues to Lead the Way in Enterprise Blockchain Adoption

Most of the world’s largest companies experimenting with blockchain are apparently doing so on Ethereum. Amongst the notable names are Fidelity, Google, and HTC. Blockchain spending has been increasing dramatically over the last few years and it looks like the number two crypto by market capitalisation is leading the way in terms of corporate adoption.

2019-4-18 02:00


Is Crypto Market Volatility For Bitcoin Investors A Net Positive For Traders?

Is Volatility In The Crypto Market Positive For Traders? Volatility tends to be something positive for traders that are trying to maximize their trades and profits in a short period of time. However, there are other enthusiasts and experts that would like the market to be less volatile and become more stable. Market Volatility Or […]

2019-4-17 23:32