Over 66 million Americans own crypto: survey

Over 66 million Americans own crypto: survey
Adoption & Regulations
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  • 20% of US adults own cryptocurrencies, according to a new COINBASE survey.
  • 76% of crypto holders say blockchain and crypto are the future.
  • Canadian crypto ownership went up 16% in 2021.

survey report has shown that 20% of Americans, which translates to more than 66 million of US adults, own cryptocurrencies.  

According to the details of the coinbase survey, most adults in the United States who own crypto believe blockchain and cryptocurrencies are the future. 

The vast majority of those surveyed in the research conducted by wahington dc-based business intelligence company consult morning also believe that the financial system needs to be redesigned. The crypto ecosystem can be a large part of the update, according to respondents.

American HODLers weather crypto winter

2022 was a brutal year for crypto, with price crashes, crypto scams and schemes and bankruptcies, highlighting the overall negative picture that engulfed the industry. However, despite the events and all, the number of people in the US who own digital assets “remained largely unchanged.”

Based on the February 27th report, 20% of the adult population in the United States (accounting for over 66 million according to the January 2023 census) reported having crypto assets. In fact, the crypto ownership as of February 23, 2023 was broadly comparable to the historical figures recorded at the beginning of 2022. 

However, going by key crypto statistics for US, the number has increased from about 16% in 2021.

It is also noted that 76% of crypto owners view cryptocurrencies and blockchain as the future, with most being the younger population. 54 per cent of Generation Z and 55 per cent of Generation Y say that cryptography is the future.

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Crypto adoption