Pew Research Center, a Washington-based think tank, says many young American adults have dabbled in cryptocurrencies.
In a new survey, Pew found that most Americans are familiar with digital assets.
“Overall, 86% of Americans say they have heard at least a little about cryptocurrencies, including 24% who say they have heard a lot about them, according to the survey of U.S. adults, conducted Sept. 13th-19th, 2021.”
Compared to their older counterparts, young Americans are also more likely to say they have used cryptocurrencies.
“Roughly three-in-ten Americans ages 18 to 29 (31%) say they have ever invested in, traded or used a cryptocurrency such as Bitcoin (BTC) or Ethereum (ETH) compared with smaller shares of adults in older age groups.”
Additionally, the study emphasizes the differences between genders, stating that American men use crypto more than women, especially when comparing young age groups.
“Men are about twice as likely as women to say they ever used a cryptocurrency (22% vs. 10%). These differences are especially pronounced when looking at age and gender together.
About four-in-ten men ages 18 to 29 (43%), for example, say they have ever invested in, traded or used a cryptocurrency, compared with 19% of women in the same age range.”
Overall, 16% of American investors say they have personally used, traded or invested in cryptocurrencies, according to the poll.
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Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
