{"id":247472,"date":"2021-05-12T08:56:46","date_gmt":"2021-05-12T05:56:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/do-46-million-americans-really-own-crypto\/"},"modified":"2021-05-12T08:56:46","modified_gmt":"2021-05-12T05:56:46","slug":"do-46-million-americans-really-own-crypto","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/do-46-million-americans-really-own-crypto\/","title":{"rendered":"# Do 46 million Americans really own crypto?"},"content":{"rendered":"<p>&#8220;<strong># Do 46 million Americans really own crypto?  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvYjMxMDg0NWYtMWUyNy00NTFiLWIzM2YtZDA3N2YxY2M1ZDNlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Crypto <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> was abuzz after <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsweek.com\/46-million-americans-now-own-bitcoin-crypto-goes-mainstream-1590639\">Newsweek<\/a> published the article headlined \u201c46 Million Americans Now Own Bitcoin, As Crypto Goes Mainstream\u201d on May 11. <\/p>\n<p>The impressive figure was re-posted by notable Bitcoiners including MicroStrategy CEO Michael Saylor who tweeted: \u201cThe finance industry is taking crypto mainstream by building Bitcoin into their insurance, banking, &amp; investment products. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a>week says 46 million Americans now own Bitcoin.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The finance industry is taking crypto mainstream by building <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> into their insurance, banking, &amp; investment products.  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Newsweek?ref_src=twsrc%5Etfw\">@Newsweek<\/a> says 46 million Americans now own Bitcoin.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Wj6Ymk0hYU\">https:\/\/t.co\/Wj6Ymk0hYU<\/a><\/p>\n<p>\u2014 Michael Saylor (@michael_saylor) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/michael_saylor\/status\/1392269883753250825?ref_src=twsrc%5Etfw\">May 12, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Coin Metrics co-founder Nic Carter said that sheer number of Bitcoiners represents \u201ca powerful constituency that cannot be ignored. Political dividends for embracing Bitcoin are enormous.\u201d<\/p>\n<p>Dan Held, the growth lead at Kraken was another celebrating the milestone, tweeting: <\/p>\n<blockquote><p>\u201c46 Million Americans own Bitcoin. 22% of all adults. It\u2019s h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ening.\u201d<\/p><\/blockquote>\n<p>However over on the<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/Bitcoin\/comments\/nad3r1\/46_million_americans_now_own_bitcoin_as_crypto\/gxsx4xx?utm_source=share&amp;utm_medium=web2x&amp;context=3\"> r\/bitcoin subreddit<\/a>, the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> reaction was best characterized as disbelief, with some Redditors calling it &#8220;grossly exaggerated&#8221; or posting that they were &#8220;not buying those numbers&#8221;. Redditor unfuckingstoppable <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/Bitcoin\/comments\/nad3r1\/46_million_americans_now_own_bitcoin_as_crypto\/gxsx4xx?utm_source=share&amp;utm_medium=web2x&amp;context=3\">posted<\/a>:<\/p>\n<blockquote><p>&#8220;Sounds very high. I don&#8217;t know a single person who owns it. and this says 1 in 6 or 7 people own it.&#8221;<\/p><\/blockquote>\n<p>The 46 million figure for crypto ownership in America actually comes from a survey conducted from Jan. 6 to Jan .7 by New York Digital Investment Group or NYDIG.<\/p>\n<p>The January survey was referenced in a more recent survey conducted on March 22 by NYDIG about Bitcoin and life insurance, which formed the basis of the Newsweek article. Though long in the tooth, the researtch has caught people\u2019s attention thanks to being highlighted in a major media outlet.<\/p>\n<p>The sample sizes from both surveys are relatively small, however are considered statistically valid. The first was conducted on 1050 participants with incomes over $50,000 and has a margin error of 3.1%. The second was conducted on 2,184 U.S. consumers with a margin of error of 2.1%. <\/p>\n<p>Confusingly the first line of the Newsweek article suggests that 46 million Americans equates to \u201c17% of the adult population\u201d while the original NYDIG survey claims the figure equates to 22% of the adult population. Given NYDIG surveyed only those with incomes over $50K (a smaller group than the entire adult population) this may account for the difference in percentages. <\/p>\n<p>Another interesting finding highlighted by Newsweek was that a majority of respondents (53%) \u201csaid they didn&#8217;t own digital assets, but 55% of those said they would consider adding cryptos to their portfolio.\u201d <\/p>\n<p>The NYDIG survey figures come in higher than a recent survey by crypto exchange Gemini that had a larger sample of 3000 people. The exchange <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.gemini.com\/state-of-us-crypto\">noted<\/a> in its report that \u201cbased on our sample size, we estimate that roughly 14% of the U.S. population owns cryptocurrency\u201d, which they translated to 21.2 million people. Although the figures were published in late April, the survey itself was conducted in October and November 2020 before the 2021 bull run got into full swing.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/do-46-million-americans-really-own-crypto\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Do 46 million Americans really own crypto? &#8221; Crypto social media was abuzz after Newsweek published the article headlined \u201c46 Million Americans Now Own Bitcoin, As Crypto Goes Mainstream\u201d on May 11. The impressive figure was re-posted by notable Bitcoiners including MicroStrategy CEO Michael Saylor who tweeted: \u201cThe finance industry is taking crypto mainstream&#8230;<\/p>\n","protected":false},"author":1,"featured_media":247473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvYjMxMDg0NWYtMWUyNy00NTFiLWIzM2YtZDA3N2YxY2M1ZDNlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[90959,77363,117,115],"class_list":["post-247472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-news","tag-survey","tag-business","tag-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/247472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=247472"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/247472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/247473"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=247472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=247472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=247472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}