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⚯ Michel de Cryptadamus ⚯
@cryptadamist@universeodon.com  ·  activity timestamp 3 days ago

more data on those “52 million americans” who congressional #dems think are using #crypto but actually aren’t: according to the atlanta federal reserve crypto ownership declined once again to 7.7% of adults in 2024 from its peak of 9.6% in 2022.

that 7.7% number includes people speculating on bitcoin via ETFs etc which is hardly “usage”. less than 2% of americans actually “use” crypto for anything (and a lot of that is probably just bros buying NFTs).

source: https://www.atlantafed.org/-/media/documents/banking/consumer-payments/survey-diary-consumer-payment-choice/2024/dcpc2024_tables_for_web.pdf

#uspol #uspolitics #federalreserve #economics #econfedi #econ #finance #democrats #Blockchain8 #cryptocurrency #blockchain

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table from atlanta fed report showing crypto ownership:

2020: 4.0%
2021: 9.1%
2022: 9.6%
2023: 8.4%
2024: 7.7.%
table from atlanta fed report showing crypto ownership: 2020: 4.0% 2021: 9.1% 2022: 9.6% 2023: 8.4% 2024: 7.7.%
table from atlanta fed report showing crypto ownership: 2020: 4.0% 2021: 9.1% 2022: 9.6% 2023: 8.4% 2024: 7.7.%
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