A survey conducted by the Digital Currency Group and the Harris Group sheds light on swing state voters’ perspectives on the financial system and cryptocurrency.
The study surveyed 1,201 individuals across six swing states in the United States. Swing states are those where either the Democratic or Republican Party could secure victory in statewide elections. Participants were selected based on their intention to vote in the upcoming U.S. election.
While a significant majority (70%) view the current financial system as outdated and in need of an overhaul (74%), only a third believe that cryptocurrency offers a viable solution to this problem.
Four out of five respondents feel that the existing financial system favors elites over ordinary citizens. However, nearly 75% do not perceive cryptocurrency as a more equitable alternative.
Only 41% of swing voters see cryptocurrency as a path to financial security and prosperity, and 35% consider it the future of transactions.
There’s a notable contrast in views between current or past crypto owners and those with no crypto experience. Over 90% of crypto owners plan to either increase their holdings or maintain them in the next six months, while only 7% of non-crypto owners intend to invest in the asset class during the same period. Additionally, 76% of respondents who hold or have held cryptocurrency report a positive impact on their financial well-being.
The participants were from swing states such as Michigan, Nevada, Ohio, Montana, Pennsylvania, and Arizona. The survey was conducted online between April 4 and 16, 2024, with respondents required to be U.S. residents, at least 18 years old, and registered voters.
Swing voters expressed skepticism towards political candidates who meddle in cryptocurrency matters, especially those lacking understanding of the technology.
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