Investing
Americans Still Don’t Understand How Bitcoin Works
A new survey shows that significant swathes of the population do not understand or trust cryptocurrencies.
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Mainstream financial institutions have started embracing cryptocurrencies. Main Street hasn’t.
More than one in 10 American adults have never heard of cryptocurrencies such as Bitcoin, Ethereum and Dogecoin, according to a new survey by the Harris Poll. The data was provided to Bloomberg during a week when the value of a Bitcoin soared beyond $52,000 for the first time.