{"id":44286,"date":"2021-06-14T14:52:53","date_gmt":"2021-06-14T11:52:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44286"},"modified":"2025-08-31T16:17:31","modified_gmt":"2025-08-31T13:17:31","slug":"survey-finds-93-of-americans-want-to-pay-with-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/survey-finds-93-of-americans-want-to-pay-with-cryptocurrencies\/","title":{"rendered":"Survey finds 93% of Americans want to pay with cryptocurrencies"},"content":{"rendered":"<p>Two-thirds of current and former cryptocurrency holders acquired them to conduct transactions, and 92.6% of coin holders would consider making purchases with them in the future. The results of a <a href=\\\"https:\/\/www.pymnts.com\/study\/cryptocurrency-payments-merchants-bitcoin-purchases-crypto\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">\u043e\u043f\u0440\u043e\u0441\u0430<\/a>, initiated by payments processor BitPay and news aggregator PYMNTS.<\/p>\n<p>The poll surveyed more than 8,000 adult respondents in the United States.<\/p>\n<p>The survey found that comfort with paying in cryptocurrency is particularly high among those who have never owned it. 57% of former or current digital-asset holders made at least one such purchase in the past year, and 59% of consumers who do not own coins are interested in such purchases in the future.<\/p>\n<p>According to PYMNTS, this demonstrates that consumers view cryptocurrencies as a reliable payment method.<\/p>\n<p>The survey showed that digital currencies are primarily owned by young men with middle incomes. In percentage terms, holdings by coin owners are distributed as follows:<\/p>\n<ul>\n<li>27.6% [simple_tooltip content=\u20191981\u20131995 birth years\u2019]millennials[\/simple_tooltip];<\/li>\n<li>19.7% [simple_tooltip content=\u20191996 and later\u2019]zoomers[\/simple_tooltip];<\/li>\n<li>16.7% [simple_tooltip content=\u20191965\u20131979\u2019]Generation X[\/simple_tooltip];<\/li>\n<li>5.2% [simple_tooltip content=\u20191946\u20131964\u2019]baby boomers[\/simple_tooltip] and [simple_tooltip content=\u20191945 and earlier\u2019]older people[\/simple_tooltip];<\/li>\n<li>16% middle-income users (earning $50,000 to $100,000 per year);<\/li>\n<li>15% men;<\/li>\n<li>8.5% women.<\/li>\n<\/ul>\n<p>Nearly a quarter of current or former cryptocurrency holders used it to purchase groceries and retail goods, as well as in online gaming, gambling, streaming services, or financial services.<\/p>\n<p>Seventy-eight percent of millennials who do not own cryptocurrency are interested in buying at least one type of product, behind only the 82% of zoomers.<\/p>\n<p>The five main categories for which millennial current and former holders might consider paying with crypto are travel and leisure (62%), real estate (60%), professional services (58%), furniture and appliances (57%), and financial services (56%).<\/p>\n<p>69% of respondents invested in altcoins. Ownership of digital currencies is particularly high among zoomers. Bitcoin is the most purchased coin \u2014 held by or previously held by 82% of respondents.<\/p>\n<p>Other coins are less popular. Ethereum is known to only 13% of non-owners. As for Dogecoin, despite <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-the-altcoin-season-and-the-crowds-power-what-lies-behind-the-dogecoin-phenomenon\">recent hype<\/a>, only 18% know it.<\/p>\n<p>Nearly three-quarters of consumers view cryptocurrencies as an investment opportunity. More than 60% of current and former holders acquired them to transact. A third of consumers cited their lack of popularity, most frequently among baby boomers and older people \u2014 39%. 25% of respondents fear high volatility.<\/p>\n<p>51% of asset holders are more likely to make purchases at merchants that accept them as a payment method. The study shows that 55% of past and current holders find paying with crypto online easy. 59% of non-owners are interested in purchasing at least one product with their use.<\/p>\n<p>Collectively, 46 million U.S. consumers (18% of the adult population) say they are likely to make at least one crypto purchase in the coming year. Analysts at PYMNTS estimate these transactions could total up to $55 billion in consumer spending.<\/p>\n<p>They estimate that purchases using digital currencies could account for roughly 1% of retail sales over the coming year.<\/p>\n<p>As reported in CNBC&#8217;s recent survey, <a href=\"https:\/\/u1f987.com\/en\/news\/poll-a-substantial-portion-of-millennial-millionaires-wealth-is-tied-to-cryptocurrencies\">at least 25% of their wealth is in cryptocurrencies<\/a>. More than a third of wealthy young investors hold at least half of their wealth in digital assets.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full stream of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two-thirds of current and former cryptocurrency holders acquired them to conduct transactions, and 92.6% of coin holders would consider making purchases with them in the future. The results of a survey conducted by payments processor BitPay and news aggregator PYMNTS show.<\/p>\n","protected":false},"author":1,"featured_media":44287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1198,1269,167,26],"class_list":["post-44286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-payments","tag-cryptocurrencies","tag-research","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44286"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44286\/revisions"}],"predecessor-version":[{"id":44288,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44286\/revisions\/44288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44287"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}