YouGov poll finds 27% support for making Bitcoin legal tender in US
YouGov poll finds 27% back up for making Bitcoin legal tender in U.s.
Republicans show less back up for recognizing Bitcoin as legal tender than Democrats, and baby boomers call back it's a dreadful idea.
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A new poll has found that 27% of Usa residents support the government recognizing Bitcoin (BTC) as legal tender.
According to a poll from research and data analytics firm YouGov, 11% of respondents "strongly support" the idea that Bitcoin should be used as legal tender in the United States, and a further 16% of respondents would "somewhat support" it.
The poll, which surveyed four,912 U.S. residents, indicated that a larger number of Autonomous respondents support the proposition than Republicans. Around 29% of Democrats stated they either strongly or somewhat support recognizing BTC as legal tender compared with 26% of Republicans.
As yous might expect, there is more support amidst younger generations. Respondents aged 25 to 34 are highly supportive of BTC as legal tender, with 44% responding in favor. Simply almost as many baby boomers (aged between 57 and 75) strongly opposed the idea (43%), with merely xi% in total supporting the proffer.
The findings show that income has a significant event on an private'south attitudes regarding crypto, with respondents who earn more than $fourscore,000 annually existence twice equally probable to back up Bitcoin as legal tender (21%) than those who earn less than $40,000 (11%).
Participants who earn less than $40,000 are also the group most strongly opposed to the idea.
Related: Sept. 7 is 'Bitcoin Day' in El Salvador as BTC becomes legal tender
The poll comes amongst the properties of El Salvador'south controversial Bitcoin Law having taken result on Tuesday.
Proposed by President Nayib Bukele, the law was passed by El salvador'south parliament in June despite pushback from the international community and lxx% of Salvadorans expressing opposition to the legislation in an early September poll.
Source: https://cointelegraph.com/news/yougov-poll-finds-27-support-for-making-bitcoin-legal-tender-in-us
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