Premium Invest Hub
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
Popular Topics
  • Occupied West Bank rocked by day of violence as gunmen kill three Israeli settlers and reprisal attacks reported
  • Azerbaijan’s leader accuses Russia of passenger jet crash ‘cover up’ in blistering new attack on neighbor
  • Spanish woman killed by elephant in Thailand while bathing animal, police say
  • US adds Chinese tech giants to list of companies allegedly working with China’s military
  • Bad news for homebuyers in the Northeast and Midwest

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    Premium Invest Hub
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy
    • Investing

    60% of US Citizens Confess Lack of Clarity on Blockchain: Survey

    • May 27, 2024

    A recent study has revealed that 60% of US residents lack comprehension of blockchain technology.

    Millennials emerged as the most confident generation regarding cryptocurrency knowledge, according to a recent study by language learning marketplace Preply. It also found a gender gap, with men generally feeling more assured about their crypto understanding than women.

    However, despite 46% of respondents expressing overall confidence, a significant portion of crypto investors themselves (35%) harbored doubts about their grasp of cryptocurrency. This uncertainty was particularly prevalent among Gen Z investors, with a staggering 40% unsure of their understanding.

    In anticipation of the future, Gen Xers who had not yet ventured into crypto investment displayed the highest level of interest in potentially doing so.

    Image Source: Preply

    Across all age groups, 40% of those currently uninvested expressed interest in crypto, and a significant 27% indicated a desire to learn more through educational resources.

    Survey Shows Low Confidence in NFTs, Metaverse


    The survey also revealed a significant knowledge gap regarding NFTs and the metaverse. Only 42% of respondents showed confidence in their understanding, presenting a prime opportunity for educational initiatives.

    This lack of knowledge might explain the low investment enthusiasm, with just 11% excited about putting money into NFTs. However, the metaverse sparked greater curiosity, with 32% expressing interest in participating.

    US Cities Search for Blockchain-Related Answers


    Preply’s study also showed a surge in interest in crypto terminology across the US. Florida, Washington, and California led the pack when it came to state-level searches for crypto terms.

    Similarly, Orlando and Miami in Florida, along with Atlanta in Georgia, emerged as the cities with the most curious residents actively searching crypto slang. Interestingly, DAO, DEX, and ICO were the crypto-related phrases that people were most likely to search for, suggesting these terms might be particularly confusing for many.

    The Fed’s annual Survey of Household Economics and Decisionmaking (SHED) shows a significant decline in US crypto usage compared to previous years.

    In 2023, roughly 18m US adults reported using cryptocurrencies, according to the survey. This represents a substantial drop from 10% in 2022 and 12% in 2021. These findings contradict Coinbase’s claim that 52m Americans own cryptocurrency.

    The post 60% of US Citizens Confess Lack of Clarity on Blockchain: Survey appeared first on Cryptonews.

    Previous Article
    • Investing

    Solana Price Prediction as Standard Chartered Eyes SEC Approval for More Crypto ETFs – Will SOL 10x Next?

    • May 27, 2024
    View Post
    Next Article
    • Investing

    Bitcoin White Paper Returns to Bitcoin.org After Craig Wright Fails to Prove He is Nakamoto

    • May 27, 2024
    View Post

      Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


      By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

      Popular Topics
      • Occupied West Bank rocked by day of violence as gunmen kill three Israeli settlers and reprisal attacks reported
      • Azerbaijan’s leader accuses Russia of passenger jet crash ‘cover up’ in blistering new attack on neighbor
      • Spanish woman killed by elephant in Thailand while bathing animal, police say
      • US adds Chinese tech giants to list of companies allegedly working with China’s military
      • Bad news for homebuyers in the Northeast and Midwest
      Copyright © 2025 premiuminvesthub.com | All Rights Reserved
      • About us
      • Contact us
      • Privacy Policy
      • Terms & Conditions

      Input your search keywords and press Enter.