Crypto confusion: 50% of non-investors don’t understand it well enough to buy
A survey conducted by the National Cryptocurrency Association explored why some people aren’t comfortable investing in digital assets.
A new report released Tuesday reveals that lack of information remains a major barrier to digital asset adoption among US consumers.
The study, commissioned by the National Cryptocurrency Association (NCA), found that nearly 70% of 2,000 non-crypto holders surveyed said they needed more information before they would consider using digital assets.
About half of those polled said they lacked understanding about how crypto works, while many others expressed concerns about security and fraud, as well as the individuals behind projects. The survey found that 34% of participants were open to learning more about digital assets.