• The year 2021 was a disaster for the crypto market, leading to the downfall of Terra/Luna, Three Arrows Capital, and Celsius Network. Investors were left in turmoil and uncertainty.
• A poll by Coinbase reveals that most US residents believe the current global monetary system is unequal.
• Growing dissatisfaction with current financial system and increasing ownership of cryptocurrency among Americans suggests hope for reform.
Year of Disaster for Crypto Market
A year of disaster for the cryptocurrency market saw the demise of Terra/Luna, Three Arrows Capital, and Celsius Network, as well as the failure of the FTX exchange. Investors were left in a state of disarray, misery, and uncertainty as a result of the events, and many began to wonder if the business had a future at all. Don’t wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today! The recollection of the events serves as a persistent reminder of the industry’s unpredictability, despite the fact that the industry’s wounds are beginning to mend.
Survey Reveals Inequality in Financial System
Despite the negativity and doubt, it looks like hope is not totally lost, at least on cryptocurrency. With regards to general perception on global financial system – it’s a different story. A new analysis by Coinbase reveals a surprising fact about present monetary system in United States. The poll reveals that vast majority of US residents believe global monetary system is unequal. Eighty percent of those surveyed were dissatisfied with current system, and an astounding 67 percent demanded immediate transformation.
Growing Optimism Towards Cryptocurrency
Growing dissatisfaction with current financial system and optimism towards digital currencies and blockchain suggest hope for reform . According to survey data conducted by Morning Consult on behalf of Coinbase , up to 20% (52.3 million) Americans purportedly hold some form cryptocurrency while nearly 30% (76 million) have expressed desire to buy digital currencies within next 12 months . According to data presented in research , 36% members Generation Z 30% Millennials are crypto asset owners .
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The results from survey indicate public is dissatisfied with current situation monetary system It indicates citizens are becoming increasingly conscious injustices need reform In contrast American sentiment towards crypto assets generally positive enthusiastic About 52 % respondents said they were optimistic digital currencies blockchain would lead more equitable financial practices