EddieJayonCrypto
8 Feb 24
A recent report by Coinbase shows a shift in mindset among American cryptocurrency holders, with a majority expressing discontent with the existing financial system and a desire for lower fees in a new financial system. The report also suggests a positive shift in attitudes towards crypto investment...
A recent report by Coinbase shows a shift in mindset among American cryptocurrency holders, with a majority expressing discontent with the existing financial system and a desire for lower fees in a new financial system. The report also suggests a positive shift in attitudes towards crypto investment. Additionally, European countries are also recognizing the benefits of crypto and blockchain, with 73% of European residents expressing optimism about the future of cryptocurrencies. The global number of crypto holders increased by 34% in 2023, reaching a staggering 580 million by December.
Coinbase has released survey findings regarding American cryptocurrency ownership, indicating a noticeable shift in mindset among participants. The data suggests a transition from a mere speculative approach of “gotta be in it to win it” to a broader and more optimistic perspective on adoption. The report highlights that a majority of American cryptocurrency holders express discontent with the existing financial system. According to a recent report, almost three-quarters of Americans and the majority of crypto holders within the nation are not satisfied with the current fees that traditional banks charge for transactions. However, most cryptocurrency holders believe that crypto could serve as an alternative to the high transaction fees and sluggish processing times offered by traditional banks.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.