Poll: 93% of US residents want to pay with cryptocurrencies

Two-thirds of current and former owners of digital currencies have purchased them for transactions, and 92.6% of coin holders will consider making purchases with them in the future. This is evidenced by the results of a survey conducted by the BitPay payment system and the news aggregator PYMNTS.

More than 8,000 US adults took part in it.

The study showed that the level of comfort when shopping with cryptocurrency is especially high among those who have never owned it. 57% of former or current digital asset holders made at least one such purchase in the past year, and 59% of consumers without coins are interested in making such purchases in the future.

According to PYMNTS, this proves that consumers perceive cryptocurrencies as a secure method of payment.
The survey showed that digital currency is mainly owned by young men with average incomes. In percentage terms, the data on coin holders is distributed as follows:

    27.6% millennials
    19.7% buzzers;
    16.7% of Gen X representatives;
    5.2% of baby boomers and seniors;
    16% of users with an average income (from $ 50,000 to $ 100,000 per year);
    15% of men;
    8.5% women.

Poll: 93% of US residents want to pay with cryptocurrencies

Almost a quarter of current or former owners of cryptocurrency have used it to buy products and retail goods, as well as in the field of online games, gambling, streaming or financial services.

78% of millennials who do not own cryptocurrency are interested in buying at least one type of product, second only to buzzers in this indicator - 82%.

The top five things current and former millennial cryptocurrency owners might consider paying for are travel and leisure (62%), real estate (60%), professional services (58%), furniture and appliances (57%). , financial services (56%).
69% of respondents have invested in altcoins. The share of ownership of digital currencies is especially high among the buzzers. Bitcoin is the most bought coin - 82% of those surveyed have or have had it.

Other coins are less popular. Only 13% of those who do not own it are familiar with Ethereum. Despite the recent hype, only 18% know about Dogecoin.

Nearly three quarters of consumers see cryptocurrencies as an investment opportunity. More than 60% of current and past holders purchased them in order to be able to make transactions. The third most common cause is FOMO (32%).

75% of those surveyed who have never had digital coins complained about a lack of knowledge. A third of consumers cited their unpopularity. This was most often indicated by baby boomers and seniors - 39%. 25% of respondents fear high volatility.
51% of asset holders are more likely to purchase from a merchant who accepts them as a payment method. Research shows that 55% of past and current coin holders believe that paying with cryptocurrencies online is easy. 59% of respondents who do not own assets are interested in buying at least one product using them.

Collectively, 46 million US consumers (18% of adults) say they are likely to make at least one cryptocurrency purchase in the next year. These transactions could amount to up to $ 55 billion in consumer spending, PYMNTS analysts have calculated.

They estimate that purchases using digital currencies could account for roughly 1% of retail sales over the next year.
Recall, according to a recent survey by CNBC, almost half of the millionaires of the millennial generation have at least 25% of their wealth in cryptocurrencies. More than a third of wealthy young investors hold at least half of their wealth in digital assets.
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