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US Voters Reject Crypto Spending: New Poll Shows Low Support for Blockchain Funding

  • A recent survey conducted by Data for Progress revealed that only 10% of Americans support government spending on cryptocurrency, while 51% oppose the idea.
  • The survey showed that social security, Medicare, public infrastructure, and education were prioritized by the majority of US voters, overshadowing the desire for government spending on cryptocurrency.
  • While 58% of Americans have heard about Bitcoin, there is still significant distrust towards cryptocurrency, with 63% doubting its reliability and safety according to a Pew Research survey.
  • The perception of the industry has been negatively impacted by various scandals, and the recent survey results highlight the lack of support for crypto reserves among American citizens.

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