Survey assesses consumer crypto opinions

A survey commissioned by blockchain industry solutions firm StarkWare Industries found that most American consumers believe cryptocurrency represents the future of finance.

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“This poll shows how widespread crypto has become while indicating just how huge it will soon become,” StarkWare Industries Co-Founder and President Eli Ben-Sasson said. “We see that young Americans, those who will soon shape the economy, are especially tuned in to crypto. It’s an important insight that they are investing in large numbers and overwhelmingly convinced crypto will be the future.”

StarkWare commissioned the poll, which surveyed a national sample of 2,000 American adults, in conjunction with the launch of the company’s new StarkNet platform – which they said seeks to ease the process of developers building cost-effective blockchain apps.

Per the survey findings, 53 percent of respondents believe cryptocurrency serves as the future of finance, with those in the 25 to 34 age group of that opinion being 68 percent. Among 35 to 44-year-olds, the number was 61 percent, according to the results.

Additionally, one in five respondents indicated they have invested in cryptocurrency, and the proportion increased to 28 percent among the 25 to 34 demographic.

“We wanted to research public opinion as we launch StarkNet, to get a sense of how much the general public expects to use crypto over the coming years,” StarkWare Industries Co-Founder and CEO Uri Kolodny said. “The results are exciting but also unsettling. They highlight huge enthusiasm for crypto and show that blockchain is creaking under the weight of current use. Unless we start to work smarter, blockchain simply won’t be able to cope with growing demand.”