New Survey Shows people still don’t understand Crypto
“All but 2% of survey participants across the US, Mexico and Brazil failed to score 60% or better on a quiz of basic concepts related to bitcoin, stablecoins and NFTs, helping to quantify the extent that the general public still does not understand crypto.
Seventeen percent of the respondents in the US own crypto, according to the survey, while 15% and 14% of those surveyed in Brazil and Mexico, respectively, are invested in the space. About two-thirds of the respondents across regions do not believe purchasing crypto is easy.
Owning cryptocurrency is associated with higher performance on the crypto literacy test, the results show. Those who own crypto are twice as likely in the US to answer questions correctly, while crypto holders in Mexico and Brazil are 50% more likely to answer correctly.”
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Mayors want to be paid in Bitcoin
“Eric Adams, the new mayor-elect of New York, says he wants his first three pay cheques in the role to be made out in Bitcoin.
Responding to Miami mayor Francis Suarez who said he was going to take his next pay cheque in Bitcoin, Mr.Adams responded: "In New York we always go big, so I'm going to take my first THREE paychecks in Bitcoin when I become mayor.
"NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!" Mr Adams added.”
The PA Blockchain Coalition is thrilled to see America’s leaders paving the way for increased use of Blockchain and Cryptocurrency technologies, and hope to see leaders in Pennsylvania also make their support known for this important innovation. Join our community here to learn more about Blockchain and stay on top of industry news.
