New Survey Finds 8 Percent of Americans Own Digital Currency

Tue, 03/20/2018 - 18:52
David Dinkins
A study by shows that fewer than one in ten Americans own digital currency and explains the reason given by those who don’t own any.
Cover image via U.Today

A survey by shows that 8 percent of Americans own cryptocurrency, with another 8 percent planning to buy in the future. Unsurprisingly, men twice as likely to own digital currency than women, and Millennials are far more likely to own crypto than any other generation. The survey showed that 17 percent of Millennials own cryptocurrency, with only 9 percent of Generation X and 2 percent of Baby Boomers claiming to own any. Of the respondents that didn’t own any cryptocurrency, 40 percent didn’t see a need and 35 percent thought it was too risky.

About the author

David Dinkins is a freelance writer who holds a Master of Arts in history from Louisiana Tech University and has extensive teaching experience both at LSU – Shreveport and University of Phoenix. He got involved with cryptocurrency in early 2014 working as part of the Dash Core Team and have served in the role of writer/editor (mostly editor) during that time. He has edited a huge number of documents for the Core Team, including the Evolution whitepaper, the PrivateSend whitepaper, and many of Evan Duffield’s communications with the Dash Community.

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