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Americans 'frustrated' by financial system inequality, 20% own crypto: Survey

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Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly "frustrated" by the one-sided global financial system.

A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency — a new survey has revealed.

Commissioned by crypto exchange Coinbase, the February online survey of more than 2,000 American adults found that 80% of respondents said the “global financial system unfairly favors powerful interests,” while 67% have called for “major changes” or a “complete overhaul” of the financial system.

86cbd748-e5ac-4353-81b0-ae636ab8e6fd.pngA large portion of respondents are disillusioned with the Global Financial System and want change. Source: Morning Consult

The survey was conducted by business intelligence firm Morning Consult and was aimed at examining the perception of the global financial system and how United States adults and crypto investors viewed the future of the crypto market and exchanges.

It found that despite the recent FUD and bad news coming out of the crypto space, 20% of respondents said they still own crypto, and nearly a third plan to buy, sell, or trade crypto in the next year.

Morning Consult noted that the numbers have remained consistent each quarter since January 2022, drifting between 17% and 20% over the last 12 months, meaning that recent market turmoil may not have shaken retail investor confidence in crypto in America.

"There is reason to be optimistic about crypto's future. Universally, Americans are frustrated by the inequality in the financial system and are hungry for change," wrote Morning Consult, adding:

"Crypto investors and younger cohorts of Americans still believe that crypto is a worthwhile investment in the future that can lead to societal benefits."

Crypto enthusiasm among younger adults also remains high. The survey found that 36% of Gen Z (born between 1997 to 2013) and 30% of Millennials (born between 1981 and 1996) currently own crypto.

35297b20-ddd5-4842-bdea-b74536725793.PNG Younger generations remain optimistic about the future of crypto. Source: Morning Consult

Minority groups were also found to be more likely to hold a favorable view of crypto and be optimistic about the future of the asset.

"Black and Hispanic adults are significantly more likely than white adults to have a favorable impression of cryptocurrency and are more optimistic that "Cryptocurrency and blockchain are the future" than any other cohort."

Current crypto investors also remain optimistic about the future, with 65% agreeing that the market's best days are still ahead, while 76% of crypto investors still believe crypto and blockchain are the future.

Related: New research indicates boomers make better crypto investors than millennials or zoomers

Some market commentators believe the next bull run will kick off when China adopts a more favorable view of crypto. However, the survey found that more Americans would be interested in entering the market if exchanges were more trusted and secure.

Among the general population, 67% flagged secure and reliable exchanges as important. In comparison, 91% of crypto investors said a trusted, secure platform is vital to the crypto market.

Many respondents flagged secure, and reliable crypto exchanges as important. Source: Morning Consult

"How Americans view the reliability of exchanges largely informs their aspirations of cryptocurrency ownership: if Americans feel exchanges are secure, then they are more likely to invest in crypto in the future," wrote Morning Consult.

Morning Consult conducted the survey between Feb. 10 and Feb. 14, with a national sample of 2,202 American adults, and included an oversample of 500 U.S. cryptocurrency investors.

Source

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    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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