Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Survey: 42% of Texans want to make Bitcoin legal tender

Published 09/21/2021, 09:17 AM
Updated 09/21/2021, 09:30 AM
© Reuters.  Survey: 42% of Texans want to make Bitcoin legal tender

A recent poll conducted by Redfield & Wilton Strategies on 9,700 eligible voters suggests that 42% of Texans would vote to make Bitcoin an official currency.

The survey also revealed that Texas is the crypto-friendliest swing state in the US.

Meanwhile, about 40% of respondents from Arizona were totally against the idea of making Bitcoin legal tender. Only 23% supported the initiative. Overall, one out of three Americans who reside in swing states fully backs Bitcoin.

Georgia had the highest share of eligible voters who had no clue about cryptocurrencies. 14% of the respondents were in this category. On the flip side, Florida appears to be the most crypto-savvy state, with only 8% of voters from the “Sunshine State” remaining blissfully unaware of the new asset class.

Most of those who do not own cryptocurrency say their lack of knowledge about the industry is the main reason they had not ventured into the sector.

In similar news, BTC PEERS reported that 48% of Brazilians are in favor of making Bitcoin a legal currency.

Continue reading on BTC Peers

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.