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Crypto knowledge, however, is stuck on the runway: It turns out that 96% of U.S.
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Nine out of 10 people were not aware of bitcoin’s supply cap of 21 million, and less than half had an understanding of how the asset’s price is determined.Perhaps more concerningly, the results suggest cryptocurrency isn’t doing much to break down the barriers of financial inclusion for certain groups: Crypto owners tend to steer young, educated, wealthy and male.
In addition, basic crypto knowledge plummeted even further outside the U.S., with 99% of respondents in Brazil and Mexico getting a failing grade.While overall awareness of crypto may be at an all-time high, clearly the industry has work to do to equip more investors with the knowledge and tools to take part in this new asset class.
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