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Poll: 80% of Americans know about cryptocurrency

Survey says almost 80% of Americans have heard of cryptocurrency

The YouGov company has conducted a survey, according to which less than 50% of the United State's young people are interested in cryptocurrency as a primary means of payment.

Company published results of a survey on Thursday. 1202 of Americans took part in it, who were asked questions about cryptocurrency and their interest in it. Press release said, that 79% of respondents had heard about one cryptocurrency at least, and 71% knew about Bitcoin. Ethereum appeared to be the second cryptocurrency in popularity, but only 13% of surveyed know anything about it.

According to press release, 87% of people, who know about Bitcoin, have never engaged in mining and cryptocurrency trading. In addition, half of this respondents' group is not going to acquire Bitcoin in the future.

Survey results also showed 19% of respondents aged 18 to 34 to "have a great interest" in using cryptocurrencies instead of the US dollar, and 29% more are "somewhat interested" in it. However, 50% of respondents have no curiosity about cryptocurrency usage as the primary means of payment.

The numbers are slightly different for other age groups, but if you collect all the responses together, only 36% consider the cryptocurrency to become an alternative to the national currency. Thus, a significant number of surveyed believe, that cryptocurrency can become "generally accepted" financial instrument.

The publication says:

"Despite that only few people are going to acquire Bitcoin in near future, more than third (36%) tend to think, that cryptocurrencies will become a generally accepted means of making legal purchases over the next ten years. Millennials (44%) form the group, that is most of all confident in wide spreading of cryptocurrency. 34% of gen X and 29% of baby boomers agree with that".

On the other side, a quarter of all respondents think of cryptocurrencies being mostly used for the black market's purchases. The other 19% are of the opinion, that cryptocurrencies are applied for making legal acquisitions as well, as payment for goods, prohibited by law. Only 17% of surveyed are sure about cryptocurrencies being used for legal purchases.


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