Fun

61% of US Adults Do Not Oppose Bitcoin as Legal Tender, Survey Shows

News Feed - 2021-09-12 11:09:48

61% of US Adults Do Not Oppose Bitcoin as Legal Tender, Survey Shows


Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated, 61% did not oppose. Majority of Adults in US Do Not Oppose Making Bitcoin Legal Tender, Survey Shows


Yougov America Inc. conducted a survey Thursday to ascertain whether consumers are for or against adopting bitcoin as legal tender in the U.S. A total of 4,912 adults in the country participated in the survey. Yougov is an international research data and analytics group headquartered in London.


Survey respondents were asked: “Would you support or oppose the U.S. making bitcoin a legal form of currency? This would mean that businesses would accept bitcoin in exchange for goods and services, in addition to continuing to accept the U.S. dollar.”


According to the results, 11% said they “strongly support” and 16% said they “somewhat support.” Meanwhile, 11% said they “somewhat oppose,” 28% said they “strongly oppose,” and 34% said they “don’t know.” Survey of whether U.S. adults oppose or support adopting bitcoin as legal tender in the U.S. Source: Yougov America Inc.


Among male respondents, the number of people who strongly support making bitcoin legal tender rises to 15% and 17% said they somewhat support. Among female respondents, only 7% strongly support and 14% somewhat support.


The top age groups that strongly support BTC as legal tender in the U.S. are 25-34 (20%) and 35-44 (19%). Meanwhile, 26% of the 18-24 age group and 24% of the 25-34 age group somewhat support.


What do you think about this survey? Let us know in the comments section below. Many Major Airlines Can Now Accept Cryptocurrencies via UATP Global Payment Network FEATURED | 1 day ago Super Bowl Star Tom Brady, Supermodel Gisele Bundchen Star in $20M Ad Campaign for Crypto Exchange FTX FEATURED | 2 days ago Tags in this story bitcoin legal tender, bitcoin legal tender us, El Salvador, national currency, Survey


Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Bitcoin ETFs Coming To Japan? Government Prepares To End Ban
Este artículo también está disponible en español. The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoi
Marcel Pechman4 hours agoBitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption
Dow Futures Sink and Furious Donald Trump Rages at 'Gutless' Fed
Dow Jones Industrial Average (DJIA) futures plunged lower in early trading Thursday. It comes after the Federal Reserve cut the target base rate by 25 points, as expected. But the stock market, not to mention Donald Trum
XRP To Hit $8, No Double Digits This Cycle — Warns Crypto Analyst
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower Bitcoin fell to its lowest level this week, following Friday’s nonfarm
Education Ecosystem Is Set to Become the Biggest Crypto Channel for Developers on YouTube
Education Ecosystem Is Set to Become the Biggest Crypto Channel for Developers on YouTube press release PRESS RELEASE. Education Ecosystem(LEDU), a leader in online project-based le
Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency
Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency The digital assets lending field seems to be heating up with Blockchain.com starting t
Telegram Responds to SEC: Gram Tokens Are Not Securities
Telegram is pushing back against the U.S. Securities and Exchange Commission (SEC). The messaging platform filed a response to the securities regulator Wednesday, writing that the S
Turner Wright3 hours agoFederal judge suggests Q2 2024 trial for SEC case against Ripple execsAiming for a jury trial to start between April 1 and June 30, 2024, Judge Analisa Torres laid out deadlines for the SEC and Ri
Derek Andersen6 hours agoBinance shutting down European Visa debit card in DecemberMastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.1820
Crypto exchange insurance funds surge more than $1B amid bull market
Zhiyuan Sun5 hours agoCrypto exchange insurance funds surge more than $1B amid bull marketMany crypto exchanges hold Bitcoin as part of their user insurance fund, which has since appreciated significantly in value.1005 T
VaultSwap Announces Its Token Sales and Exchange Listings
VaultSwap Announces Its Token Sales and Exchange Listings PRESS RELEASE. Swapping cryptos on an exchange can be incredibly inefficient, as no exchange has all th