Month: November 2021

6 in 10 respondents don’t know what an NFT is

NFTs still fuzzy There are still a lot of newcomers to the metaverse. Data from the recent Global Crypto Literacy Survey shows that 6 out of 10 respondents couldn’t answer questions about non-fungible tokens (NFTs). This data could actually be interpreted two ways: One, for many, 2021 feels like the year of the NFT. Between …

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Baby Boomers are getting left behind

Boomers and bitcoin According to data gleaned from the recent Global Crypto Literacy Survey, crypto literacy drops off with age. The study found that 67 percent of Baby Boomers couldn’t answer basic cryptocurrency-related questions. The skew of crypto knowledge towards younger generations makes sense —  after all, it follows the same adoption path as other …

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Mexicans rate themselves more knowledgeable about crypto

Crypto is global trend The recent Global Crypto Literacy Survey surfaced some interesting data and insights. One interesting item was that respondents in Mexico felt like they had more crypto awareness or knowledge than was reported by respondents in the U.S. or in Brazil. There are likely a number of reasons for the data to …

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9 out of 10 lack a basic understanding of bitcoin’s fixed supply

Bitcoin’s fixed supply The results of the recent Crypto Literacy Survey show that 9 out of 10 respondents don’t understand the basics about bitcoin supply and demand.  But one of bitcoin’s greatest attributes —  and one of the things that will drive the bitcoin price higher —  is the currency’s value is its fixed supply. …

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98% Can’t Pass Crypto Literacy Quiz

Welcoming crypto literacy The global adoption of cryptocurrency systems represents a massive shift in the way we do things.  At the macro-level, cryptocurrencies and decentralized technologies will change the way we organize, communicate, and structure ourselves. At a micro-level, cryptocurrency technologies will enable equitable access and personal freedom in ways that legacy systems can’t (or …

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