YOUNGER AMERICANS SEE BITCOIN AS AN INVESTMENT OPPORTUNITY, SURVEY SAYS.

A new survey recently conducted by Lend Edu polled Americans about their interest in bitcoin. The survey asked basic questions about whether people have heard about bitcoin, whether it was legal, and if they would use it or invest in it. By and large, younger generations have increasingly heard of bitcoin, and they see it as an investment opportunity.
Lend Edu commented on some of their findings: “not surprisingly, younger Americans were more likely to have heard of bitcoin as compared to their older counterparts. 86.67 percent of respondents between the ages of 18 and 24 have heard of bitcoin, while only 75.93 percent of respondents ages 55 and older have heard of bitcoin. It was a consistent trend that as respondents got older, their likelihood of hearing about bitcoin went down.”

The survey suggested bitcoin’s popularity is growing especially with millennials. This growth could be occurring as a result of younger crowds being more technologically savvy. Needless to say, room for bitcoin adoption is being “carved out” in the United States. According to the study, there is certainly a large place for bitcoin adoption in the future.