Harris Insights Survey Offers Snapshot of Americans’ Crypto Sentiments

 

 

 

Polls are often maligned by those who dislike their results, but few can argue with their important role in providing a snapshot into people’s current attitudes, priorities, and opinions. A recent survey conducted by Gem and Harris Insights polled more than 2,000 American adults to gauge their interest in digital currencies like Bitcoin.

The survey revealed that 41% of respondents have no interest in ever investing in the assets. Overall, about 8% of respondents said that they are currently invested in cryptocurrency, according to a Thursday report from Fortune.

Respondent interest in cryptocurrency also appeared tied to income, though not in the way some might assume. Those with incomes above $100,000 a year were apparently less likely to own digital currency than those who earned less than that amount:

Based on the survey, 6% of those with over $100,000 in annual household income own some cryptocurrencies. In comparison, about 11% of those earning between $50,000 to $74,900 can say the same. And an even higher percentage of those earning less than $50,000 claim to hold crypto: About 7%, according to the survey.

Gem CEO Micah Winkelspecht suggested that generational differences might explain those results:

“We find that younger people with less income are more willing to put money in crypto. My guess is that crypto is of the digital age. And the younger generation is of the digital age and used to doing everything on the internet.”

The survey also indicated that more education about digital currency could shift opinions in a positive direction. Half of respondents reportedly said that they are open to exploring the asset class at some point in the future, while 20% said that additional information might provide the motivation they need to become crypto investors.

Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

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