According to a recent survey performed by StarkWare, 53% of respondents believe cryptocurrencies represent the “future of finance.” Unsurprisingly, young people (aged 25 to 34) are more optimistic about the notion, with 68% believing in it.
StarkWare, a blockchain-based company, polled 2,000 American individuals of all ages to find out their thoughts on cryptocurrency and its future development. According to the findings, 53% believe the asset class reflects the “future of finance.”
This number is 68% among those aged 25 to 34, and 61% among those aged 35 to 44, validating the assumption that young people are significantly more selective towards the sector than older generations.
Furthermore, 17% of the participants claimed to have made cryptocurrency investments. The majority of people are continually reviewing and modifying their investments. 82% indicated they had at least one crypto tracker on their phone, and 50% claimed they “fiddle or amend” their belongings on a regular basis. Only 14% of the investors let a week pass without making a change.
Commenting on the matter was Eli Ben-Sasson – Co-Founder and President of StarkWare Industries:
“This poll shows how widespread crypto has become while indicating just how huge it will soon become. We see that young Americans, those who will soon shape the economy, are especially turned into crypto. It’s an important insight that they are investing in large numbers, and overwhelmingly convinced crypto will be “the future.””
The poll was commissioned to highlight the introduction of the company’s StarkNet platform. The latter attempts to reduce some restrictions in the development of blockchain applications and the handling of digital assets.
Uri Kolodny, Co-Founder and CEO of StarkWare, believes that the general public has “huge enthusiasm for crypto.” However, until individuals in the sector start working “smarter,” “blockchain simply won’t be able to cope with growing demand,” he said.
Most Americans Are Aware of Crypto
The United States is unquestionably a major participant in the cryptocurrency world, with the majority of Americans having heard at least a bit about digital assets. Another study (conducted in November 2021) found that 62% of the 10,000 survey participants had a basic understanding of the subject, while 24% said they know a lot about the business. Only 13% said they had never heard of bitcoin, ether, or any other cryptocurrency.
The study also indicated that 16% of genuine crypto investors were present at the time. Men between the ages of 18 and 29 are the most engaged cohort in the industry, with 43% having invested, traded, or utilised digital assets.
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