Poll: 27% Of Americans Approve Making Bitcoin Legal Tender In The U.S.

Poll: 27% Of Americans Approve Making Bitcoin Legal Tender In The U.S.
фото показано с : bitcoinmagazine.com

2021-9-11 19:48

Young adults strongly support the idea of making bitcoin legal tender in the United States at 44%, while baby boomers think it’s a bad idea at 43%.

A new poll by research and data analytics company YouGov has shed some light on the U.S. population’s approval rate for the government to recognize bitcoin as legal tender. The poll found that 27% of Americans support the move, with younger generations leading the way with a 44% approval rate. Baby boomers, on the other hand, despise the idea most often.

YouGov found that 11% of respondents “strongly support” an eventual law turning bitcoin a legal tender in the U.S., while 16% said they would “somewhat support” it. The survey demographics were especially interesting, as there appeared to be a firm but expected correlation between age and approval rate.

The survey found more support in the U.S. among younger generations, with respondents aged 25-34 being the most supportive and amassing a 44% positive outlook for having bitcoin being used as currency in the country. But baby boomers showed similar numbers in the opposite direction. Those aged between 57-75 years old supporting the idea were a minority, 11%, while those against it represented a larger share of that age group, with 43% showing strong opposition.

YouGov, which surveyed 4,912 U.S. residents, also found that Democrat respondents were more supportive of the idea of having bitcoin as a legalized currency in the U.S. when compared to Republicans. But the difference wasn’t that big; nearly 29% of Democrats said they either strongly or somewhat support the U.S. government recognizing BTC as legal tender, compared to only 26% of Republican respondents.

Yet another correlation found by the poll relates to income. Respondents earning over $80,000 were twice as likely to support the proposition, 21%, than those earning less than $40,000, 11%, which are also the ones to more strongly oppose it, with 40%.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 70752.44 (-0.23%)
Объем 24H $40.666b
Изменеия 24h: -1.11 %, 7d: 5.04 %
Cегодня L: $70583.43 - H: $71654.21
Капитализация $1415.991b Rank 1
Цена в час новости $ 45277.39 (56.26%)

legal bitcoin idea tender making baby think

legal bitcoin → Результатов: 126


Bitcoin SV (BSV) Explodes 29% on “Tulip Trust” Fears Ease

The price of Bitcoin SV (BSV) surged by a massive 28 percent on Friday as traders assessed a key development in the ongoing legal dispute involving founder Craig Wright. The self-proclaimed Bitcoin creator submitted a total of 428 documents to the plaintiffs, one of them allegedly including details of a trust that holds billions of... The post appeared first on NewsBTC.

2020-1-10 18:27


Craig S. Wright Alleges Third Tulip Trust in Outstanding Bitcoin Lawsuit

Craig S. Wright furnished documents on Jan. 6, 2020, citing the existence of a third Tulip Trust, which holds the alleged 1,100,111 Bitcoin.   A Garden of Tulip Trusts Along with the document which reveals the existence of yet another Tulip Trust, Wright, and his legal team have supplied Florida courts with over 400 new materials […] The post Craig S.

2020-1-11 16:47


Stock-to-flow Model Proponents “Claim Victory” in 2020: Predicts Legal Expert Jake Chervinsky

Jake Chervinksy, the General Counsel at Compound Finance has made a number of predictions for the Bitcoin. Although they are pretty generic what with the Bitcoin halving to occur and numbers to go up significantly which could either be before the halving or after, he sees stock-to-flow proponents to “claim victory.” The stock-to-flow model was […]

2020-1-5 23:15


Фото:

Was Youtube’s Christmas Crypto Purge Illegal?

This article considers the legal implications of Youtube’s notorious purge of crypto channels on Christmas Eve. What legal context induces Youtube and other social media giants to operate as they do? The article does not explore whether it is morally proper to terminate a contract without cause or explanation and to threaten people’s livelihoods; it […] The post Was Youtube’s Christmas Crypto Purge Illegal? appeared first on Bitcoin News.

2020-1-3 22:50


Facebook’s Active-User Network, A Third of Global Population, Sets Libra Apart From Others: Fed

The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]

2019-12-18 21:12


Фото:

Bitcoin Usage in Nigeria Surging Despite Govt. Caveats

The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care.   Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria, despite the central bank’s anti-crypto stance.

2019-12-9 22:33


D-Day in Bitfinex Trial — Will Bitcoin Price React?

Monday’s judgment in the legal tussle between the New York Attorney General (NYAG) and Bitfinex might have some short-term effect on the Bitcoin price. All Eyes on Monday’s Trial Outcome As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).

2019-7-29 17:00


Mexican bitcoin exchange Bitso gets Gibraltar DLT license

Mexican bitcoin exchange Bitso gets Gibraltar DLT license » CryptoNinjas Bitso, a Mexican based and Latin American bitcoin exchange, has announced that coming up on August 1, 2019, the custody, as well as the sending, withdrawal, and trading of cryptocurrencies, will be regulated by the Distributed Ledger Technology Regulatory Framework of the Gibraltar Financial Services Commission (GFSC).

2019-7-23 17:53


Фото:

Bitcoin Still Legal In India; Crypto Regulation in Works

Bitcoin will remain legal in India while the government works on regulations, a minister has said in new positive comments on the fate of the industry. Finance Minister: Bitcoin Regulations Coming Responding to a request for clarity on the state’s view of cryptocurrency, Anurag Thakur, India’s Minister of State for Finance & Corporate Affairs, firmly denied any token was illegal.

2019-7-19 10:59


Фото:

US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech

Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban.

2019-7-17 18:30