California's digital asset holders will play a big role in the future of the industry, according to top US cryptocurrency exchange Coinbase.
In a new blog post, Coinbase notes that a 2023 study by business intelligence firm Morning Consult shows that 8.2 million California residents (27% of the state's adult population) own digital assets. It is pointed out that it was done.
Nearly 80% of digital asset holders say they are more likely to support a pro-crypto political candidate, according to a new poll from research firm Toluna paid for by Coinbase.
Explaining the interaction,
“In California, 78% of crypto holders think policymakers should support new, innovative and disruptive technologies…
They also support candidates who argue that a strong U.S. crypto industry will help future generations get ahead and increase access to wealth-building tools that the traditional financial system does not offer many Americans. will do. ”
According to a Toluna poll, 40% of crypto owners in California are between the ages of 18 and 34. According to Coinbase, younger generations in the US have a greater appetite for digital assets than older generations.
“Because they grew up in the internet age, they embrace innovative technologies that make their lives easier…
They need continued innovation to help them move money efficiently and autonomously, without being weighed down by the traditional financial institutions that dictated how their parents and grandparents managed their finances. I hope. ”
Coinbase also notes that nationally, the majority of young Americans support candidates who support cryptocurrencies.
“Nationally, a majority (51%) of Millennial and Gen Z adults say they are likely to support a crypto-friendly candidate in 2024. They will be a vocal minority in elections, and by 2028 young voters will represent the majority of American voters. ”
Never miss a beat – Subscribe to get email alerts delivered straight to your inbox
Check price action
follow me twitterFacebook and Telegram
Surf the Daily Hoddle Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that transfers and transactions are made at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets. The Daily Hodl is also not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: Mid Journey
