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๐Ÿ“‰Crypto usage among U.S. adults took a nosedive last year, according to a Federal Reserve survey. Only 7% confessed to dabbling in digital dough, down from 12% in 2021. ๐Ÿ’ธ Just 1% used crypto for payments or sending money, half of 2022's figure. Coinbase's claim of 52 million American crypto owners seems a bit inflated in comparison. ๐Ÿค” The 1% who did transact in crypto cited the recipient's preference for it as the main reason. Trust issues with banks? Not so much. Millennials and Gen Zs led the crypto charge, with men three times more likely to use it than women. What's your take on these stats? Let's chat in the comments! ๐Ÿ‘‡ #CryptoTrends #BlockchainNews

๐Ÿ“‰Crypto usage among U.S. adults took a nosedive last year, according to a Federal Reserve survey. Only 7% confessed to dabbling in digital dough, down from 12% in 2021. ๐Ÿ’ธ Just 1% used crypto for payments or sending money, half of 2022's figure.

Coinbase's claim of 52 million American crypto owners seems a bit inflated in comparison. ๐Ÿค”

The 1% who did transact in crypto cited the recipient's preference for it as the main reason. Trust issues with banks? Not so much.

Millennials and Gen Zs led the crypto charge, with men three times more likely to use it than women.

What's your take on these stats? Let's chat in the comments! ๐Ÿ‘‡ #CryptoTrends #BlockchainNews

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