I don’t think 4 in 5 Americans know what bitcoin is.
Discussion
We have data on that too from the same survey. It’s well into the 90s actually.
Well, I’m very surprised then. Positively surprised.
We were too. This question was asked with a slider from 0 to 100. Most people clustered around a 10% allocation.
I still don't think 4 in 5 Americans know what bitcoin is. I dare say they've heard of it but that's very different from knowing what it is. If you ask most people on the street to give a brief description of bitcoin & I say you won't get 4 in 5 giving you any kind of description beyond its a "cryptocurrency" & not understanding what that is either.
Love it when academics bring receipts! 🧾