76% of American believe Bitcoin can protect against inflation: Voyager Digital

Mobile-based crypto platform Voyager Digital has released the results of the first ‘Crypto Confidence Survey’ conducted in the United States. The survey was conducted in collaboration with market research firm Savanta and responses of more than 6,000 clients were collected before revealing the outcome.

This just in Announcing our first national study on #crypto confidence. With over 6,000 responses, you might be curious to find out what we learned. https://t.co/b6EAq6cE7p

— Voyager (@investvoyager) January 20, 2022

Posting the results on January 20, the report revealed that nearly 80% of the Voyager clients believe that owning cryptocurrency is a way to protect against inflation. Such high confidence in Bitcoin comes as a result of the rising US Consumer Price Index (CPI), which soared to its 39-year high of 7% in December last year.

The survey also found that 48% of Americans believe that crypto assets will be more widely accepted within the next 3 years. “While American men are twice as likely as American women to currently own crypto (30% vs. 15%), men and women are equally likely to consider buying crypto in 2022 (60% vs. 62%),” the report finds.

66% of crypto owners have recommended cryptocurrency investing to their friends and family. Amongst crypto owners, 98% of them said they will continue to buy more crypto assets in 2022, indicating an optimistic attitude towards the nascent industry.

Voyager also confirmed the growing exposure of crypto assets amongst a wide range of age groups. 36% of GenZ, 43% of Millennials, and 31% of GenX want to buy crypto this year.

Interested readers can access the report here.

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