BTC $43327.39 (-9.2%)
ETH $3018.34 (-10.%)
USDT $1.00 (-0.1%)
BCH $543.17 (-11.%)
BSV $140.43 (-14.%)
LTC $158.97 (-9.9%)
BNB $366.18 (-11.%)
ADA $2.07 (-11.%)
DOGE $0.20 (-12.%)
BTC $43327.39 (-9.2%)
ETH $3018.34 (-10.%)
USDT $1.00 (-0.1%)
BCH $543.17 (-11.%)
BSV $140.43 (-14.%)
LTC $158.97 (-9.9%)
BNB $366.18 (-11.%)
ADA $2.07 (-11.%)
DOGE $0.20 (-12.%)

Residents Support Making Bitcoin Legal Tender in the United States

Residents Support Making Bitcoin Legal Tender in the United States
  • 27 percent of residents support the idea of making BTC a legal tender in the US.
  • The poll was conducted with 4912 US residents as participants.
  • Results also show that more Democrats support BTC than Republicans.

In a poll conducted by a data firm YouGov, US residents were asked how they feel about making bitcoin a legal tender in the United States. Overall, 4912 United States residents participated in the poll.

As a result, 27 percent of the respondents showed that they support the idea. Out of the 27 percent of supporters, 11 percent said that they strongly support while 16 percent only said that they somewhat support it.

On the other hand, a total of 39 percent of respondents opposed the idea. A total of 11 percent of the participants answered that they somewhat oppose while 28 percent, which is a significantly larger number, said that they strongly oppose it.

Meanwhile, a large chunk of the respondents is uncertain whether they support the idea of making bitcoin a legal tender in the US. This shows that there is still room for the 27 percent to increase in the future.

Interestingly, 29 percent of Democrats support the idea. On the other hand, only 26 percent of Republicans expressed their support.

Joseph Joestar is a CoinQuora contributor. He works in various blockchain marketing content projects, specializing in written content such as technical whitepapers, press releases, and articles.