American voters rejects encryption spending: A new survey shows low support for Blockchain.
- Trump’s executive and Senator Lomes initiative suggests establishing strategic reserves for bitcoin and encrypted currency as part of the US government governor.
- Advance data I found that only 10 % of Americans want government spending on the encrypted currency, as it opposes 51 % encryption reserves while giving priority to social security, medical care and education.
- The scanning results may have differed because questions focused particularly on Bitcoin instead of using “Bitcoin” and “Crypto” with exchange, as Bitcoin’s recognition (58 %) exceeds the awareness of the general cryptocurrency.
- The cryptocurrency still faces major confidence problems, as 63 % of Americans doubt its reliability and safety, according to PEW Research, a vision that has not been assisted by recent industrial scandals.
Bitcoin Altcoins can be part of strategic reserves or stocks, according to Trump Executive order. There is also Sinatia Lomes initiative Who is looking into a law to make the strategic Bitcoin reserves from the US government’s financial portfolio.
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Although it seems bullish for the assets category – after all, the government will need to buy large sums, which would rise the price – according to the new results, many American citizens do not agree to the initiative.
Encryption is not on the main agenda of the Americans
According to reconnaissance By the progressive think tank Advance dataMany American voters want the government to spend money on things other than encryption. They found that only 10 % of the population wanted to see the federal government spend money on the encrypted currency.
This is in contrast to about 28 % of Americans who have encryption, according to another reconnaissance by Security.org.
the Advance data The survey found that social security, medical care, general infrastructure and education are much more important topics.
It was also found that voters were directly rejecting the encryption reserves, as only 34 % said they supported or supported it strongly. 51 % said they oppose such an idea, with the majority of Democrats and independents who oppose it, while Republicans are divided on this issue.
Although it should be noted that the questions used Bitcoin and Encryption mutually. The question may be about the encryption reserves, then it indicates that “it may likely carry cryptocurrencies like Bitcoin and ethereum”, which may achieve a different result if they had just asked about Bitcoin.
accident Coinbase reconnaissance I found that 58 % of Americans heard about Bitcoin and 37 % called Bitcoin when they were asked about encrypted currencies.
This indicates that Bitcoin can have a better position among the general population, which may lead to a different result if people are asked about the strategic bitcoin reserves.
Also, Trump’s executive order called for a strategic bitcoin reserve and encryption stock – two separate things.
Crypto still has a problem in the image
Regardless of the connotations, it is true that encryption and bitcoin still have a long way to become completely acceptable. Although Trump’s elections helped to pay somewhat adoption, they also harmed in other parts.
The next president Micoin saleThat has now decreased by 85 % of its highest level ever, is definitely not a great look.
and Trump is a war of tariff It is also painful, at least in the short term.
Pew research is modern reconnaissance It also indicates that many do not trust the industry – not all of this is surprising due to all the scandals we have seen over the years.
According to the survey, 63 % of Americans are not convinced of Crypto, with only 5 % very or very confident.
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