More than 40 per cent people in the US do not have much knowledge about cryptocurrencies, according to a report by blockchain company Huobi Group. The report, titled Crypto Perception Report 2022, said that more than 40 per cent of people are not at all knowledgeable or not very knowledgeable about cryptocurrencies, while 28 per cent people were somewhat knowledgeable.
The survey was conducted among 3,144 people, out of which 53 per cent were women and 47 per cent men.
“The knowledge in crypto is still low because the tech is not taught through any school or university. The only source of information is social media influencers and founders of projects. I always tell people that you cannot learn crypto without putting your skin into the game. Start small and use the ecosystem and your learning will eventually be faster,” says Kashif Raza, founder of Bitinning, an online platform focused on crypto awareness.
The Crypto Perception report further noted that Bitcoin is the most recognisable cryptocurrency for the average consumer, followed by Dogecoin, Ethereum, and Dogecoin’s rival Shiba Inu. Projects such as Solana and Cardano are less well-known among mainstream audiences, the report said.
Lack Of Confidence
More than 40 per cent of respondents said that they’re ambivalent about the future of cryptocurrencies, while nearly 25% said that they “think it’s all a scam/bubble and going to…
