News

Liberates and Democrats Lead US Bitcoin Tech Adoption

  1. New University of Chicago study finds 12% of the US is contributing to Bitcoin adoption.
  2. Same study shows that more Democrats are using Bitcoin than Republicans.
  3. Most of all, Liberates are using Bitcoin.

According to a study from the New University of Chicago, 12% of the United States has adopted Bitcoin technology. Out of this, the study finds that more Democrats are using Bitcoin than Republicans.

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The study also shares additional information from its findings about Bitcoin technology adoption in the United States. By gender, the study finds more males are using Bitcoin technology over females. Although the stats for the female population using Bitcoin is quite high on its own. 

Similarly, by age group, people between the years of 20-39 are the most prominent Bitcoin adopters. Following this are the people between the age range of 40-59, and lastly, above 60 years. Still, the adoption rate of the latter two age ranges are quite high as well. 

Next from the study, we see the Bitcoin technology adoption rate of the people of the United States based on educational prowess. Those who graduated college or above are on top of the scale while those who simply completed high school are on the lowest part of the scale. However, even this number is quite significant. 

Lastly, the study divides the Bitcoin technology adoption meter based on what political party the US citizens stand by. Leading the charge are Liberates by a long shot. This is closely followed by Independents and Democrats. Bringing up the rear are Green and at the bottom, Republicans.

This comes as no surprise when we look closely at the ongoing United States Presidential election candidates. The leading Bitcoin enthusiast is Robert Kennedy Jr. In fact, he’s basing his campaign on crypto adoption and financial freedom through Bitcoin. Specifically, he is even taking campaign donations in Bitcoin.

Adding on, Kennedy Jr even states that Bitcoin is an exercise in democracy. What’s more, even Republican candidates are making their stance on supporting Bitcoin use clear. For instance, DeSantis says he will protect the right of those intending to use Bitcoin.  

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Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

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