TechFlow news, on December 30, Crypto Literacy released the results of its 2024 Cryptocurrency Literacy Survey, showing a significant increase in respondents' recognition of digital assets. The survey found that 98.6% of respondents who considered themselves knowledgeable owned cryptocurrency, compared to only 32% among those with limited understanding. Key findings from the survey include:
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Respondents with advanced knowledge were three times more likely to own cryptocurrency than those with limited knowledge; 31.8% of respondents reported having substantial knowledge about cryptocurrency, a significant increase from 11.0% in 2022;
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29% of respondents view cryptocurrency as part of a long-term retirement strategy, while 22% use it for daily transactions;
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59% of respondents believe regulatory clarity is the most important task for the new government;
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The percentage of respondents who consider cryptocurrency "extremely risky" decreased from 43.1% to 35.2%, with more people now viewing it as having "some risk" or being "neutral"; 26.6% of respondents remain uncertain about the source of cryptocurrency's value;
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Only 22% of respondents correctly identified the importance of private keys, 14% understood the functions of DeFi, and 9% knew the role of staking within the blockchain ecosystem.
The survey was conducted in October 2024 and included 670 respondents from across the United States, representing diverse age groups, genders, and income levels, aiming to provide actionable insights for education and policy initiatives.
