Question of the Day: What percentage of Americans are very confident that cryptocurrency is reliable and safe?
Is trust in crypto booming… or just a bit of a coin toss?
Answer: 5% (over 60% say not very nor not at all reliable)
Questions:
- Why do you think so many people have little or no confidence in crypto?
- Do you think that number would be higher or lower if we only asked young people? Why?
- Can something be risky and still valuable? Where do you draw the line between bold and reckless?
Behind the numbers (Pew Research Center):
"63% of Americans are not confident in reliability, safety of cryptocurrency (30% 'Not at All;, 33% 'Not Very'"
About the Author
Dave Martin
Dave joins NGPF with 15 years of teaching experience in math and computer science. After joining the New York City Teaching Fellows program and earning a Master's degree in Education from Pace University, his teaching career has taken him to New York, New Jersey and a summer in the north of Ghana. Dave firmly believes that financial literacy is vital to creating well-rounded students that are prepared for a complex and highly competitive world. During what free time two young daughters will allow, Dave enjoys video games, Dungeons & Dragons, cooking, gardening, and taking naps.
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