Can Bitcoin users influence the US economy? According to a Coinbase study, yes they can. In the northern country, currently 1 in 5 adults owns bitcoin or any cryptocurrency. This is a group of 52 million people with the power to drive cultural, political and economic changes for the United States.
Another fact revealed was that the majority of them (75%) receive income less than US$100,000 per year. Regarding age, (60%) are young people belonging to Generation Z or Millennials who are between 18 and 34 years old. Also according to Coinbase, more than 50 million Americans holding cryptocurrencies can influence future trends.
Coinbase’s research included a survey of 1,000 American adults, which was administered last June. The consultation showed that 87% believes that the United States financial system needs to be changed. Meanwhile, 51% of those surveyed considered that the North American country’s financial system no longer works fairly for everyone.
In turn, 63% said they agreed in that it “unfairly favors powerful interests.” Only 14% of those interviewed are optimistic by the American monetary system. On the other hand, 72% of adults surveyed agreed with the idea that cryptocurrencies give people absolute control over your money.
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