- The survey was conducted on January 5-6
- 27% of respondents bought crypto assets for the first time in the last year
Paxos recently spent survey regarding cryptocurrencies. The results show that despite the crypto winter and the unstable market situation, the majority of respondents are confident in the future of the cryptocurrency sector.
The firm interviewed 5,000 adults of working age in the US. But I selected them according to certain criteria:
- respondent earns more than $50,000
- has a bank account
- bought cryptocurrency in the last three years
According to the survey, 72% of respondents are concerned about market volatility over the past year. But despite the difficult year 2022, in which many unpleasant situations occurred, including the collapse of the FTX crypto exchange and the Terra ecosystem, the crypto community continues to be interested in the industry and is confident in its future.
Not only ordinary people believe in cryptocurrencies. For example, the CEO of the Kraken exchange said that BTC will reach $10 million. In his opinion, the main reason for the growth will be a limited number of coins. The CEO of Blockstream has a similar opinion, he said that the main cryptocurrency will reach $10 million by 2032.