Over 50% of Americans Believe Crypto Will Be The Future of Finance (Survey)

According to a recent poll conducted by StarkWare, 53% of the participants see cryptocurrencies as the “future of finance.” Unsurprisingly, young people (between 25 and 34 years old) are more bullish on the matter, as 68% believe in this concept.

Crypto’s Integration Among Americans: The Latest Figures

The blockchain-based entity – StarkWare – questioned 2,000 American adults of all ages to determine their viewpoint on the world of crypto and its future development. Per the results, 53% think the asset class represents the “future of finance.”

Among the 25 to 34 age group, this percentage is 68%, while among 35 to 44 year-olds, it is 61%, proving the theory that young people are much more discerning towards the industry than the older generations.

Additionally, 17% of the participants admitted they have invested in cryptocurrencies. The majority are constantly checking and adjusting their holdings. 82% said they have at least one crypto tracker on their phone, while 50% stated they “fiddle or amend” their possessions daily. Only 14% of the investors let a week pass without making changes.

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 company commissioned the survey to mark the launch of its StarkNet platform. The latter aims to remove some obstacles when dealing with digital assets and build blockchain applications.

Uri Kolodny – Co-Founder and CEO of StarkWare – opined that there is “huge enthusiasm for crypto” among the broad society. However, “blockchain simply won’t be able to cope with growing demand” unless people in the industry start working “smarter,” he concluded.

Most Americans Are Aware of Crypto

The USA is, by all means, a main player on the cryptocurrency scene, while most of its residents have heard at least a little about digital assets. According to another research (conducted in November 2021), 62% of the 10,000 survey participants have basic knowledge about the matter, while 24% said they know a lot about the industry. Only 13% admitted they have never heard about bitcoin, ether, or any other coins.

The poll further revealed that the share of actual crypto investors back then stood at 16%. Men aged 18 to 29 are the most active demographic group in the sector, as 43% of them have invested, traded, or used digital assets.