Interest in cryptocurrencies continues to grow as Americans show their excitement about the future of digital assets. The first annual Crypto Confidence Survey, released by publicly traded cryptocurrency platform Voyager Digital, examined Americans’ experiences with cryptocurrencies and their perspectives on how cryptocurrencies will behave in 2022.
The study shows many positive feelings. The results of the poll showed that nearly two-thirds of respondents were in favor of cryptocurrencies, while 61% said they are likely to buy cryptocurrencies this year. Although Voyager didn’t disclose the exact number of respondents, the results show a huge percentage increase compared to the results of a previous survey, which showed that only 27% of Americans planned to invest in crypto assets in 2021.
The poll results also showed that participants prioritized buying cryptocurrency over buying mutual funds, air travel, buying a new car, buying a new house, and starting a business.
The topic of educating young minds about cryptocurrencies was also highlighted in the survey. Data shows that 66% of Americans believe crypto should be taught in higher education, and 33% believe it should be taught even earlier, in high school or earlier.
The survey also revealed that many are willing to invest more because of their understanding of cryptocurrencies. 50% of participants said they would invest more in cryptocurrencies if they understood them better.
Also, as of 2021, 63% of American adults said they were curious to learn more about cryptocurrencies or were considering a purchase. Respondents identified as crypto-curious who indicated that they do not own any coins but are willing to learn and potentially buy at some point in the future.
In a survey of American adults conducted in November, 16% of respondents said they invest, trade, or use some form of cryptocurrency. Currently, statistics show that 27 million Americans own cryptocurrencies.