Does the cryptocurrency sector have a financial literacy problem?

However, not everyone buys the hypothesis that literacy is the problem.

Survey conducted by the University of Cincinnati Cryptoeconomics Lab in UC Digital Futuresfound that cryptocurrency holders score higher than non-cryptocurrency holders on financial literacy.

Michael JonesPh.D., A Carl H. Lindner College of Business Assistant professor of economics and director of the Cryptoeconomics Lab said it makes sense that cryptocurrency holders would want to know more about the traditional financial sector.

“I would argue that adopting cryptocurrencies can be an effective way to increase financial literacy,” Jones told Cointelegraph.

His Cryptoeconomics Lab Developed a survey To test individuals’ knowledge about the crypto economy.

See more from Cointelegraph.