https://ift.tt/7tpnLqs Is The Future Of Finance, New Survey Says | CryptoGazette

There’s a new survey that reveals what Americans believe about the future of finance. Check out the latest exciting reports below.

A new national survey in the US finds that the majority of Americans believe crypto will continue to revolutionize finance.

It’s also important to note the fact that the new poll was commissioned by StarkWare, a blockchain infrastructure firm doing research for its future products.

The StarkWare CEO and co-founder Uri Kolodny stated the following:

“The results are exciting, but also unsettling. They highlight huge enthusiasm for crypto, and show that blockchain is creaking under the weight of current use. Unless we start to work smarter, blockchain simply won’t be able to cope with growing demand.”

The poll found that crypto use among Americans is already widespread, and this is particularly happening among young adults.

“53% of all respondents agreed that cryptocurrency is the “future of finance” with 68% of 25 to 34-year-olds and 61% of 35 to 44-year-olds subscribing to this view,” according to the notes provide by the online publication the Daily Hodl.

The poll also revealed that 17% of Americans already own crypto in one form or another.

The same online publication that we mentioned above noted that the data found that environmental concerns are the number one drawback to crypto in most Americans’ minds.

34% of all respondents said reducing crypto’s carbon footprint is important to them – this number goes to 49% among 25 to 34-year-olds.

Says Kolodny of the poll’s findings regarding environmental concerns,

“We expected to detect concern over crypto’s carbon footprint per transaction, and enthusiasm for reducing it – but not to the massive levels we found. We were pleasantly surprised that people seem to understand the environmental challenge of crypto.”

Mass adoption of crypto has been one of the most important goals that the crypto industry set. Stay tuned for more news.