Half of Americans still unsure how crypto works
Confusion, lack of trust, and security concerns are major barriers to crypto adoption, says the NCA.
A new NCA survey shows 70% of Americans without crypto want more information before considering digital assets. Half of respondents said they don’t understand crypto, while others voiced concerns about scams and unknown project founders.
Despite this uncertainty, 34% of those polled said they were open to learning more. The NCA’s report summarised the mood as ‘curiosity high, confidence low,’ noting that a large number of people are interested in crypto but unsure how to take the first step.
The NCA, a nonprofit launched in March and led by Ripple Labs’ chief legal officer Stuart Alderoty, has been tasked with helping Americans better understand crypto. Backed by $50 million from Ripple, the organisation aims to build trust and boost crypto literacy through education.
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