In order to accommodate to their particular demographic of clients, a cryptocurrency and Non-Fungible Token (NFT) conference has supposedly had to make specific adaptations to the bathroom issue. In short, there are enough males attending that the women’s restrooms had to be converted to men’s restrooms at the last minute. There’s no avoiding the fact that cryptocurrencies and NFTs are disproportionately white, male, and young. According to CNBC and Acorn’s Invest in You: Next Gen Investor study, more than six out of ten crypto investors are white (62 percent), men (67 percent), and under 45 years old. According to a UK poll, 68 percent of crypto investors are men, while 32 percent are women.
According to a research published in the Journal of Business, Economics, and Finance, males check Bitcoin prices more frequently than women, implying greater interest in cryptocurrencies or, at the very least, more marketing and education on cryptocurrency aimed towards men. When you translate it to the actual world, you have a cryptocurrency sausage party with more women than men. Bitcoin has risen in popularity – and infamy – since its inception in 2008. Find out how many Brits possess cryptocurrency, how many plan to acquire some in the future, and why individuals are getting engaged in the latest trends, such as Ethereum, Dogecoin, and Binance Coin, or keeping away from cryptocurrency entirely.
According to our February 2022 study, the UK has a 6.1 percent cryptocurrency ownership percentage. This implies that since the beginning of 2018, when just 3% of the population – 1.5 million individuals – held bitcoin, the number of users in the UK has increased by 103 percent. Globally, 15.5 percent of people claim they possess bitcoin, leaving the United Kingdom far behind in terms of popularity. Almost a fifth (19%) of Britons, or 9.8 million individuals, claim they have purchased cryptocurrencies at some point in the past.
Younger generations, including those who have previously purchased bitcoin, are more interested in purchasing cryptocurrency for the first time in the future. A fifth (21%) of those aged 18-24 want to purchase cryptocurrencies for the first time in the future. With 16 percent planning to invest, 25-34-year-olds are just behind them. For persons aged 35 to 44, this number lowers to 1 in 10 (12%). The elder generations’ enthusiasm in investing is waning: only 9% of 45-54-year-olds and 6% of those aged 55 and over want to invest in cryptocurrency.
