A recent national poll from Emerson College Polling Center reveals a striking trend: nearly a third of young voters in the United States are engaging with cryptocurrencies. The survey indicates that digital asset usage is highest among registered voters under the age of 40.
The decline in cryptocurrency adoption is notable as the voter age increases. Spencer Kimball, Executive Director of Emerson College Polling, highlights, "Usage among voters under 40 stands at nearly 30%, decreasing to 28% for those in their 40s, 17% in their 50s, 9% in their 60s, and merely 4% for seniors over 70." The findings are drawn from a sample size of 1,000 voters and carry a margin of error of plus or minus 3%.
Within the total group of registered voters, close to 20% have experience in investing, trading, or using cryptocurrencies. Furthermore, among those engaged with digital assets, over 60% have refrained from making purchases with crypto, while 39% have ventured into such transactions. Conversely, 81% of respondents have not interacted with cryptocurrency in any form.
The survey also uncovers that men are twice as likely to delve into crypto compared to women, with participation rates of 26% and 13%, respectively. Additionally, the data suggests that minority racial groups, including Asian, Hispanic, and Black voters, show higher involvement, with about one-third of them using cryptocurrencies, compared to only 14% of white voters.