RATE Group | Survey: Nearly 80% of Americans Have Heard of Bitcoin
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Survey: Nearly 80% of Americans Have Heard of Bitcoin

Survey: Nearly 80% of Americans Have Heard of Bitcoin

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Just under 50 percent of millennials are interested in using cryptocurrencies as a primary form of payment as opposed to using the U.S. dollar, a new survey by polling firm YouGov found.

The company released the results of its latest poll Thursday, which asked 1,202 Americans about their familiarity and interest in cryptocurrencies on August 29 and 30. According to a press release, 79 percent of respondents have heard of at least one type of cryptocurrency, with 71 percent saying they have heard of bitcoin. The second-best known cryptocurrency was ether, with only 13 percent of respondents saying they had heard of it.

That being said, the release noted that 87 percent of the individuals who have heard of bitcoin have not mined, bought or sold the cryptocurrency. Half of this group also does not plan to purchase bitcoin in the future.

According the full results, 19 percent of respondents aged 18 to 34 are “very interested” in using cryptocurrencies primarily, with a further 29…

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