Research reveals most Americans oppose CBDC
According to a research study conducted by crypto mining firm Genesis Mining research, findings suggest that most US citizens are opposed to the idea of a digital currency. Out of 400 participants, less than 25% of respondents agreed that the US government should adopt a central bank digital currency over traditional paper money. 60% of participants said that the US government should not “replace physical cash with a digital-only dollar. Source
You would expect a fair amount of Americans opting for CBDC but the research conducted by Genesis Mining reveals the opposite, form the research, some Americans still thinks the USD is backed by gold, oil etc while some have no idea, so that should explain why there are more people opposing CBDC in the States.
We still have some basic enlightening to share if we really want people to start appreciating cryptocurrency.
For more on the research click on the source of the chart for further read.
While this research was only conducted in the States, make no mistake you will get similar pathetic result around the world. I never knew all these until 2013 when I watched Mike Maloney's Hidden Secret of Money which opened my eyes to what I never knew about money, remember this things are not thought in schools.
It all make sense why most Americans are oppose to CBDC, you can imagine cryptocurrency will give a far worse result. It is time we start doing our bit by sharing the small knowledge we have about money with our friends and love ones.
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