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Americans believe crypto will revolutionize financial system



A new survey states that more than half of Americans think that crypto assets are the future or revolution of finance. It was as commissioned by StarkWare, a blockchain infrastructure firm that conducts research for its future products. Specifically, the launch of the new StarkNet platform, which aims to make it easier and more cost-effective for developers to create blockchain applications.


According to StarkWare CEO and co-founder Uri Kolodny, the results of this survey are "exciting but also worrying." Kolodny stated:


"They emphasize the enormous enthusiasm for cryptocurrencies and show that the blockchain is creaking under the weight of current use." Unless we start working smarter, blockchain will simply not be able to handle the growing demand. ”


The survey found that the use of cryptocurrencies is widespread among Americans, especially among young adults. Americans see crypto as the future, and many have already invested in cryptocurrencies. More than half, specifically 53% of all respondents, agreed that cryptocurrency is the "future of finance." This view is shared by 68% of people aged 25-34 and 61% of people aged 35-44. Almost one in five respondents (17%) said they had invested in cryptocurrency, and this proportion rises to 28% for respondents between the ages of 25 and 34.

Eli Ben-Sasson, co-founder and president of StarkWare Industries, says that a research suggests how huge cryptocurrencies will soon become:


"We see that young Americans, those who will soon be shaping the economy, are particularly attuned to cryptocurrencies. It is important to know that they are investing in large numbers and largely convinced that cryptocurrencies will be the ‘future’. ”


In addition, people are more interested in ecological questions than ever before. This topic resonates among Americans. Research data suggests that environmental concerns are the number one disadvantage of most cryptocurrencies in the minds of most Americans. Thirty-four percent of all respondents said that reducing the carbon footprint of cryptocurrencies was important to them. For young people aged 25 to 34, this figure jumped to 49%. Regarding the findings of the survey on environmental issues, Kolodny said:


"We expected to uncover concerns about the cryptocurrency carbon footprint of the transaction and enthusiasm for reducing it - but not to the massive levels we found. We were pleasantly surprised that people seem to understand the environmental challenge of cryptocurrencies. "