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Democrats and Republicans Agree Cryptocurrency Is the Future of Finance, Survey Shows – Featured Bitcoin News

A brand new survey has revealed that Democrats and Republicans agree cryptocurrency is the future of finance. The nationwide survey was carried out by The Harris Poll on behalf of Grayscale Investments, the world’s largest digital forex asset supervisor. In addition, 44% of the respondents stated they count on to have crypto as half of their funding portfolio in the future.

‘Cryptocurrencies Are the Future of Finance’

Grayscale Investments, the world’s largest digital forex asset supervisor, introduced Tuesday that its new nationwide survey has revealed that “Democrats and Republicans agree cryptocurrency is the future of finance.”

The on-line survey was carried out on Grayscale’s behalf between Oct. 6-11 by The Harris Poll, a worldwide market analysis and consulting agency. A complete of 2,029 adults, who’re probably voters, participated.

The survey examined “how Americans view the state of the economy and cryptocurrency against the backdrop of the 2022 United States election,” the crypto agency detailed, including:

More than half of Americans surveyed (53%) agree that ‘cryptocurrencies are the future of finance,’ together with 59% of Democrats and 52% of Republicans, with 44% of Americans noting that they count on to have crypto as half of their funding portfolio in the future.

With record-high inflation and a looming recession, 25% of respondents say inflation and the present financial local weather have made them extra curious about cryptocurrency.

Grayscale CEO Michael Sonnenshein commented: “As we approach the midterm election, U.S. voters are considering the intersection of cryptocurrency, traditional finance, and the state of the economy.”

Clear Crypto Regulation Has Bipartisan Support

Regarding cryptocurrency regulation, 39% see the U.S. as being behind different nations in making a regulatory atmosphere that makes it straightforward or secure for anybody to purchase or commerce digital belongings.

Moreover, 81% agree there ought to be clearer cryptocurrency trade regulation, together with 88% of Democrats and 77% of Republicans, Grayscale detailed, including:

More than 4 in 5 of each Republicans (81%) and Democrats (82%) really feel it is very important take a consumer-first method to regulation.

That means “allowing consumers (not the government) to decide how to invest in cryptocurrencies by providing necessary information about various products,” the company clarified.

The Crypto Council for Innovation, a crypto advocacy group, additionally lately carried out a nationwide survey and discovered {that a} majority (52%) assume that crypto wants extra regulation than presently exists.

What do you consider this survey? Let us know in the feedback part beneath.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

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