Topic: A rising number of Americans own crypto and nearly 13 million women says study.. - page 3. (Read 629 times)

I would take these results with a grain of salt.

The authors provided no information about their methodology. In particular, we have no idea whether their respondents are representative of the population. If it was an online survey targeting Millennials, the results are going to be heavily skewed since they are drawing conclusions based on a very small sample.

I have a feeling the numbers are being drastically overstated.

This study is of no use, until it gives the distribution of the Bitcoin ownership. We don't know how much each of these individuals own. 14.4% of the American population is close to 45 million. If each of them owns around BTC0.01 ($94 as per the current exchange rate), then we can assume that BTC450,000 is being held by small-scale cryptocurrency users within the United States. And that sounds quite large for me, considering that the current circulating supply is only around BTC18,000,000.

You're obviously not from the states, because it is still legal to invest in bitcoin and everything else except for ico's.  The only regulatory pressure anyone is getting is facebook with libra.  There are also some laws pertaining to exchanges which is why Binance doesn't provide service to all states, but it isn't a nationwide issue.  So it's nowhere near as bad as you think.

I honestly don't think there are anywhere near that many women owning crypto, but I could be wrong.  Worldwide that isn't a huge number, but it seems like the overwhelming majority of people who do own crypto are male, and that number probably isn't even that large.  Interesting study, tho.

No matter how tight the government is in implementing rules against cryptocurrency, it's still up on the people's discretion and prerogative to choose what to do. People are already enlightened and exposed to crypto making them want to do it and have it more. They already knew what are the advantages and the good side of cryptocurrency, how profitable bitcoin could be once started. Also, people are already suffocated with the government's interference with their lives that's why some cryptocurrency's decentralization like bitcoin is such a relief.

Doesn't matter if the study is fully accurate or not. What it does matter is that we see a significant rising among Americans when it comes to adopting cryptocurrencies which is awesome as we all know that in USA cryptocurrencies are not so popular because of the taxes,restriction and a lot of impediments when it comes to trading.

 In the end I think all over the world there is a rising of people adopting and using cryptocurrencies and its good to see that women's started to use it to , that mean that some campaigns of promoting Bitcoin works really good. ( Medicine promo especially ).

yep. the door-to-door /street surveys are the worse
without even answering a question i can predict a survey about employment would show higher unemployment on the survey. just for the simple fact that guys doing the surveys are asking people who are walking around shops between 9-5mon-fri... the time when most working people are in offices/factories working, and not free to just aimlessly be walking around town with spare time to answer surveys

surveys are not ever accurate and should never be treated as fact

Statistics prove the number of Americans who have cryptocurrency almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder.
Although the US government rejects cryptocurrency to their country, that does not mean they are strictly forbidden or threatened by law, as in other countries that prohibit Cryptocurrency or bitcoin but can still use it well so far.

since we are talking about statistics, here is another one for you. 90% of these statistics are completely wrong and biased. it is simply because they never spend much time in selection process, which happens to be the most important and most time consuming step of conducting a research. so instead of spending time and money on selecting a good and diversified group of people they simply choose to do the simplest thing and do a random choosing and end up with false results.

What currency you are talking about, which country released their cryptocurrency today  . It is a progression to see more people in the coming years as this is a new market you cannot expect everyone to invest from the start .


With 2,068 participants commissioned by Finder they came to a conclusion that 36.5 million Americans own some form of crypto .
If regulations loosen up you will see more growth in the market not only in the US but globally.

I feel like since the late 2017 when the price of bitcoin reached high numbers and the general public was talking about it, a lot of people were introduced to the whole crypto concept and it really took off from there, and since then i feel like there have been a lot of projects and crypto related things immerge, so it comes to no surprise that more and more people are invested or contributing in some way or another in the crypto market, i mean from many random people i have talk to about bitcoin they know a lot about it compared to 2 years ago.

Would agree that the number of people, not only in America, owning crypto is increasing rapidly. Also no doubt that majority were boys. It may not be that accurate but it only shows the continuous growth of cryptocurrency which is good for us and crypto itself. Although regulations were implemented, it can't stop people from adopting crypto. This growth is not only limited in America, in other countries like my country, crypto is also starting to be known by the locals.
Population might be growing but it will still be hard for crypto to reach the majority of the population. We still need more time to reach that level of growth.

That's an encouraging statistic. Of course that if regulatipns will get loosen up people will feel much better about investing into cryptocurrencies and not look at it likr as an exotic, risky investment that it is not available to them.

I'm quite surprised to see so many women holding crypto. Well.. on crypto twitter there are a lot of girls promoting branding themselves as crypto enthusiasts so maybe  that's not that big of a surprise.

Indeed, maybe they finally realize the benefits and advantage of using bitcoin. Its indeed a great news for everyone because of the improving and growing population of people who owns crypto like bitcoin despite of different issues and problems that bitcoin had faced in the last few years. Well some people underestimate the power of women and now they just prove that they can do whatever man can do. For sure in the next years the number of women who is aware of cryptocurrency will increase. Just like men, women is also capable on earning profit because of bitcoin, we can't change the fact that this generation is already adopting anything that involves technology.

It is really interesting to see that the number of women is much more than men's. I wonder if men are not much aware of cryptocurrencies or not. However, it is good to see that the number of American people who own crypto is rising every year.

Despite the US regulation making it harder for the citizen to own coins, the number of people investing to it are growing. Its time for them to see that is harder to stop the adoption, the more people sees bitcoin and altcoins a way to store their wealth than just on banks. They are not winning with this type of regulations, they are the resistance to this new development.

i have seen people on the street with a sign saying 'please answer a survey about charities'.. the results are that a high majority of respondants do donate. not because high population donates. but because those who do not are going to avoid entering into the survey to avoid embarrassment/shame of being seen as heartless

in my town whenever people see someone with a charity asking for donations, the common thing to say just to walk passed them is 'we already donated'. not only does it avoid having to put our hands in our pockets, but also avoids the guy stalking us trying to convince us, and avoids them shouting out bout how we have not donated but should.

the survey are based on like 2000 people out of ~327million.
these surveys usually would be mail bombed to known people in a certain industry, and also exclude certain population groups.

take for instance americas 327mill population ~60m are below the age of 15years and 50mill are above 65..
usually surveys exclude these age brackets meaning a third of the population is excluded

so if say 33mill say yes on a survey of such the actual % is not 10% but actually more like 6.6% if it was a true population survey no matter the question

then we get back to further shrinking down the survey by respondants. not everyone is interestd in filing out a survey about their finances. so this could cut the pool of respondants in more than half whereby the poor/uninterested in investments
wont respond. thus even AT BEST it would bring results of 3.3% true population.. though a survey site would still try to presume 10% said yes

its much like going to a trump rally and doing a popularity poll. ofcourse results would be majority fangirling over trump

It’s great that Americans keep up with the people of China and Europe in their involvement in crypto. This is a great sign for the crypto market and its success in the future.

For a year, that number is actually surprising and 14.4% isn't a small number either. But now I think things would undergo some real changes. Government and other institutions start to adopt blockchain technologies. If US Government decided to follow what China is planning to do, which is to create a new cryptocurrency, there might be an explicit ban to bitcoin and other altcoin, only permitting enterprises to use their own cryptocurrency, which could significantly impact the market. But it's still too early to say this though, it's far from happening, but is a possibility.

Even though KYC regulations were strengthened and enforced the number of US Citizens who use cryptocurrency and bitcoin will not dwindle. Instead it will continue to increase in number since US citizens are more likely to be enticed when it is regulated, they feel secure. Thus regulations have its own advantage on the increase of potential cryptocurrency users in the United States. This will not only be applied to US but also to other countries.

Not only Americans but also in some other countries too.  Many people hook with bitcoin especially with its online transaction and easy to use. They say that many men are users of bitcoin than women, and I think it is right because I know most of the men using bitcoin than women because, in my opinion, most women are not that techy thing than men.