Survey Reveals that Most Americans are Against a Digital Dollar CBDC

Weekly Newsletter Sep.28

Although the number of supporters has nearly doubled since 2019, over 75% are still not in favour of a digital dollar. Nearly all the participants were aware of crypto but a significant portion also had a low level of financial literacy. This reluctance to adopt a CBDC could widen the lead China has and give them greater dominance over the tech in the future.

A survey conducted by a crypto mining firm Genesis Mining indicates that most Americans don’t want a CBDC. Although the number of supporters has nearly doubled since 2019, over 75% are still not in favour of a digital dollar. Nearly all the participants were aware of crypto but a significant portion also had a low level of financial literacy. This reluctance to adopt a CBDC could widen the lead China has and give them greater dominance over the tech in the future.
https://cointelegraph.com/news/most-americans-are-against-a-digital-dollar-cbdc-survey-reveals

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