WASHINGTON, January 25, 2021 / PRNewswire / – The study, which analyzed exclusive survey results and public databases, also found that men know Bitcoin better than women, and 67% of Millennials prefer Bitcoin to gold.

The data includes results from November 2019 to January 2021 – This makes it the most comprehensive cryptocurrency study to date. In addition, our data encounters topics that resonate with consumers, universities and the private sector. The results shed light on a new narrative that has not been addressed – one that shows widespread differences.

Various other factors related to cryptocurrency and the broader blockchain industry were also analyzed in this SimpleMoneyLyfe study.

Here’s a quick snapshot of what our industry leading research shows:

Criminal activity in cryptocurrency: Only 0.34% of the transaction volume of crypto was used for criminal activity. This corresponds approximately $ 10 billion.

Bitcoin hoarders are widespread: 2% of crypto wallets control 95% of all bitcoin. This includes numerous governments, financial institutions, and early Bitcoin investors / miners.

Bitcoin Awareness by Men and Women: According to another survey, 78% of respondents said they knew Bitcoin, while only 71% of women knew this particular digital good (18+ or older).

Massive Blockchain Investments: With blockchain being accepted and used across industries, the US is poised to stay at the forefront of innovation. It is projected to output $ 4.2 billion on blockchain solutions.

Full study results: https://simplemoneylyfe.com/cryptocurrency-statistics

Simplemoneylyfe.com is a leading financial website covering the blockchain, finance, and credit industries. We simplify complex financial topics into digestible (action-oriented) information.

Connected:

https://simplemoneylyfe.com

SOURCE SimpleMoneyLyfe