Survey: US Bitcoin Holders Are Evenly Split Between Liberal and Conservative

IconCryptoNewsTerminal Staff23 Jul, 2024

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Survey: US Bitcoin Holders Are Evenly Split Between Liberal and Conservative

A recent survey by the Nakamoto Project has revealed that there is no clear political bias among Bitcoin holders in the United States. The survey, which polled 3,583 U.S. adults, found that 45% of respondents identified as liberal, while 41% identified as conservative. The remaining 14% of respondents identified as moderate. These findings suggest that Bitcoin is appealing to a wide range of political affiliations. This is likely due to the fact that Bitcoin is a decentralized and apolitical technology. Unlike traditional fiat currencies, which are controlled by central banks, Bitcoin is not subject to government intervention. This makes it an attractive option for people who are skeptical of government and central banking. The survey also found that Bitcoin holders are more likely to be male, young, and educated. This is consistent with other research that has found that Bitcoin is primarily used by early adopters and tech-savvy individuals. Overall, the survey provides insights into the political demographics of Bitcoin holders in the United States. The findings suggest that Bitcoin is appealing to a wide range of people, regardless of their political affiliation.