2 months ago
Bitcoin ownership successful the United States spans divers demographics and governmental orientations, challenging communal assumptions astir its supporters, according to a caller report.
The Nakamoto Project’s recent survey connected Bitcoin adoption provides a broad investigation of ownership trends among Americans. Conducted successful concern with Qualtrics, the survey progressive a typical illustration of 3,538 adults collected successful 2 stages from November 2023 to March 2024.
The survey aimed to place cardinal factors influencing Bitcoin adoption and ownership successful the United States, distinguishing itself from erstwhile surveys by its population-level scope and circumstantial absorption connected Bitcoin. One of the report’s authors, Troy Cross, summarized the findings connected X,
“Our survey of 3,538 adults successful the US recovered bitcoin ownership:
-covers the afloat spectrum of governmental identity
-is skewed young and male
-correlates weakly with a unsocial illustration of motivation values
-correlates powerfully with cognition of bitcoin”
The findings uncover that Bitcoin ownership is not importantly influenced by governmental orientation. Despite the polarized governmental rhetoric surrounding Bitcoin, the information indicates that Bitcoiners span the governmental spectrum, with a inclination towards mean views.
The survey showed that 21.9% of precise wide respondents and 17.6% of precise blimpish respondents ain Bitcoin, compared to 14.3% of moderates. The data bash not enactment the conception that Bitcoin ownership is predominantly a right-wing oregon libertarian phenomenon, arsenic Bitcoin owners bespeak the broader American governmental landscape.
In total, astir 45% place arsenic wide and 41% arsenic conservative, indicating mostly bipartisan enactment for Bitcoin.
Bitcoin ownership by authorities (The Nakamoto Project)The study states,
“What correlates astir powerfully with Bitcoin ownership is not who you are, truthful to speak, but however overmuch you cognize astir Bitcoin, and whether you deliberation it is useful, trustworthy, and good.
The 14% of Americans who ain Bitcoin, it turns out, are not members of immoderate peculiar governmental tribe. Rather, they are simply Americans who person taken the clip to survey the exertion and formed affirmative attitudes astir it.”
Demographically, Bitcoin owners are akin to the wide U.S. colonisation successful presumption of race, ethnicity, income, education, and fiscal literacy. However, determination are notable differences successful property and gender; Bitcoin ownership skews younger and male. The survey recovered that younger individuals are much apt to ain Bitcoin, with a important attraction among those nether 35 years old. Additionally, 46.1% of Bitcoin owners are male, compared to 52.3% pistillate successful the wide population.
The survey employed the Moral Foundations Theory to research the motivation and ethical values of Bitcoin owners. Bitcoiners grounds a blend of liberal and blimpish motivation foundations, prioritizing taste liberty, equality, and proportionality portion aligning with conservatives connected purity and loyalty. However, these motivation foundations were little predictive of Bitcoin ownership than different factors.
Key predictors of Bitcoin ownership identified successful the survey see cognition astir Bitcoin, content successful its utility, spot successful the Bitcoin protocol, and the perceived morality of Bitcoin. These variables were highly correlated with each different and with Bitcoin ownership. Respondents who demonstrated higher levels of cognition astir Bitcoin trusted its technology, believed successful its applicable utility, and perceived it arsenic morally bully were much apt to ain Bitcoin.
Trust successful the Bitcoin protocol and its perceived morality emerged arsenic important differentiators betwixt Bitcoin owners and non-owners. While non-owners tended to beryllium neutral oregon antagonistic astir Bitcoin’s trustworthiness and morality, owners expressed beardown affirmative sentiments successful these areas. This suggests that individuals who spot Bitcoin’s exertion and judge successful its societal and motivation worth are much inclined to follow it.
The findings bespeak that Bitcoin ownership successful the US is driven much by idiosyncratic cognition and attitudes toward Bitcoin alternatively than demographic oregon governmental factors. The survey challenges the cognition of Bitcoin ownership arsenic a politically oregon demographically chiseled phenomenon, highlighting that the 14% of Americans who ain Bitcoin are divers and broadly typical of the wider population. The survey highlights the value of acquisition and affirmative perceptions successful driving Bitcoin adoption.
The Nakamoto Project’s survey provides invaluable insights into the demographics, governmental orientations, and cardinal factors influencing Bitcoin ownership successful the United States. It reveals that Bitcoiners are not confined to immoderate peculiar demographic oregon governmental radical but are agreed by their knowledge, trust, and affirmative perceptions of Bitcoin.
The station US Bitcoiners thin wide but study shows authorities little divisive than galore think appeared archetypal connected CryptoSlate.
English (US) 