A New Wave of Research Reveals Interesting Data about Crypto Investors in the United States
A new wave of research reveals interesting data about crypto investors in the United States. According to a survey conducted by Preply, 60% of Americans investing in cryptocurrency have limited knowledge about the blockchain technology on which these assets are based. The knowledge gap varies across generations, and in some groups, this uncertainty is particularly noticeable.
Generational Differences in Crypto Knowledge
The study showed that about 40% of Generation Z individuals actively involved in crypto investments are unsure about their knowledge of cryptocurrencies. Uncertainty is also present among millennials and Generation X, where 35% and 32% respectively express doubts about their basic knowledge of blockchain.
Interest in Learning about Crypto
Interestingly, despite uncertainty in the blockchain field, Generation X shows the greatest readiness to study virtual assets: 57% of individuals in this generation are interested in in-depth study of crypto technologies. At the same time, among zoomers, only 41% express a desire to learn in this area.
Differences in Interests Across Generations
Differences in interests across generations also manifest in relation to other digital assets. For example, 12% of millennials have invested in non-fungible tokens (NFTs), while only 4% of representatives of the older generation, baby boomers, have made such investments. This indicates that interest in digital assets overall may be a precursor to broader study of blockchain technologies.
Growing Interest in Cryptocurrencies
Earlier, the Federal Reserve of the United States reported that over the past year, 18 million Americans have invested in digital assets, accounting for about 7% of the country’s adult population. These data underline the growing interest in cryptocurrencies, despite the existing gaps in knowledge and understanding of technologies.
