**Crypto Complexity: The Elephant in the Blockchain Room 🐘**
- Despite the buzz, crypto tech is still a head-scratcher for many. A Swyftx survey found 43% of respondents avoid it due to confusion.
- A similar 2023 Crypto Literacy Survey showed 28% globally share the same sentiment.
- The UK's FCA noted 30% of respondents cited lack of understanding as a barrier.
- Experts suggest simplifying jargon and creating user-friendly platforms to ease entry.
- Storage woes also add to the complexity, with many fearing asset loss due to technical mishaps.
- Simplification and education are key to broader adoption, say industry leaders.