60 Percent Of Americans Know Bitcoin, 5% Own BTC

A new survey to determine the level of awareness of the American towards cryptocurrency is out. It is a joint survey between Survey Monkey and Global Blockchain Business Council. The aim is to know what Americans feel about the bitcoin. The findings are shocking. From the study, it is true that the majority of American people see the bitcoin. However, the number of those that own the traditional coin is small. The study finds another exciting thing. Coinbase.com is one of the leading digital currency wallet.

Why Are More Americans Filling Their Digital Wallets With Bitcoin?

In every state, at least there is sufficient awareness of what digital coins are. But the actual number of people who want to enter the trade is small. It may be shocking, though to learn that the U.S. is the world’s leading marketer of digital coins. The survey takes place in the second week of 2018. It involves some 5, 761 adults. The questions of the study are simple. One of the problems is the attitude toward the bitcoin.

Results From Survey Monkey

Survey Monkey , one of the companies has an ingenious method of finding the participants. Being a survey company, it takes individuals from those that already take part. It is this simple. The platform has over 3 million people who regularly take part in surveys. Survey Monkey explains how simple this is. It says, “Our data look much into the age, race, sex, education, and geography. In doing this, we use the Census Bureau’s American Community Survey to reflect the demographic composition of the U.S. The modeled error estimate for this survey is plus or minus two percentage points.”

The Last Survey Takes Place In The U.S.

The last time such a survey takes place in the U.S is in 2013. Back then, nearly five years now, the percentage is 25. Granted, the bitcoin is only five years old then. With 25 percent of Americans know it is a trial. Five years later, the number of those who know about the coin is now double. In simpler terms, the January survey indicates that 6 out of 10 people hear about the bitcoin. But even as the number looks big, very few have it. The amount that seems to own either a virtual wallet or exchange is at 5 percent, which is a small number when you compare it with those who know it.

What is good is that 21 percent of the people in the survey are considering the coin. They are yet to decide to include it in their portfolio. So, the cryptocurrency is nearly everywhere in the U.S. same as the real money mobile casino business.

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