A report from Coinbase indicates that in 2023, approximately 52 million people in the US, equivalent to one in five adults, will own digital assets, according to the exchange’s survey on attitudes towards the financial system.
The survey found that 87% of Americans believe changes are necessary, with 51% stating that the current economic model is unfair.
Interestingly, 63% of those surveyed who own cryptocurrency believe that the system unfairly benefits powerful individuals.
The report also highlights that in the states of Nevada, Ohio, and Pennsylvania, over 40% of digital asset holders use them for international money transfers and to aid family members.
Moreover, 72% of respondents between the ages of 18 and 34 see cryptocurrency as a way to have direct control over their money and believe it is the future of finance.
The report concludes by acknowledging the growing support from elected officials for cryptocurrency regulation and promoting progress in the financial system, signaling that the people’s voice can drive change in a democracy.
