Cryptocurrency has captured the notice of most Individuals as of late, even when most aren’t able to spend money on it themselves. Most Individuals have at the very least heard about cryptocurrency, however most additionally see cryptocurrency as a dangerous funding, together with a majority of those that have used it.
Whereas two in three Individuals have heard one thing about cryptocurrency, only one in 5 say they know quite a bit about it. Even fewer — simply 18% — say they’ve used or invested in cryptocurrency themselves.
Few Individuals who’ve heard about cryptocurrency think about investing in it to be protected, and that is true each of those that say they’ve heard quite a bit about it and people who have used or invested in it themselves. Simply 31% who’ve used or invested in cryptocurrency say it’s protected.
Investing and utilizing cryptocurrency will not be an exercise carried out solely by the rich. Whereas these on the decrease finish of the revenue scale are much less more likely to have invested in cryptocurrency than different Individuals, there’s little distinction by revenue stage amongst these making greater than $50,000 a 12 months. Between one in 4 and one in 5 Individuals incomes above that stage have invested in or used cryptocurrency.
Nonetheless, some Individuals have been extra inclined to spend money on cryptocurrency than others. General, males are greater than twice as doubtless as girls to have invested in cryptocurrency, and youthful Individuals — these below the age of 45 — are way more more likely to have invested or used cryptocurrency than older Individuals. That is true throughout revenue ranges.
This CBS Information/YouGov survey was carried out with a nationally consultant pattern of 1,980 U.S. grownup residents interviewed between January 27-31, 2022. The pattern was weighted in keeping with gender, age, race, and training primarily based on the U.S. Census American Group Survey and Present Inhabitants Survey, in addition to to 2020 presidential vote. The margin of error is ± 2.6 factors.