Americans prefer crypto over a traditional savings account, study shows
cryptobuzz.cc
cryptobuzz.cc
> According to The State of Consumer Banking & Payments report published on January 25, 2022, by Morning Consult, most American adults at 24% owned cryptocurrencies as of 2021.
> The figure was slightly higher than 23% of Americans who own certificates of deposit. Notably, a certificate of deposit refers to a savings account holding a fixed amount of money for a specified period.
Report here: https://go.morningconsult.com/rs/850-TAA-511/images/220120_S...
Which mentions...
> Poll conducted Dec. 23-25, 2021, among a representative sample of 2,200 U.S. adults, with an _unweighted margin of error of +/-2 percentage points._
My emphasis on +/- 2 percentage points when differing between 23 and 24 percent.
Compared to deposits in savings account or long term fixed deposits, the amount in them is quite high compared to cryptocurrencies for most individuals.
The statistics/data 'may' be correct, but it does not mean that normal users prefer crypto to savings account. Most of the population does not even know what cryptocurrencies are in general (except for bitcoin) and usually associate them with some type of scam.
Randomly selected? Members of some crypto site? Garbage website makes sure there's no methodology or link to it you so will never know.