These interesting facts are also included in the findings:

• 1 in 3 Americans would rather talk about crypto than politics at the holiday table.
• While men are more inclined to talk about crypto, NFTs and blockchain, women tend to be focused on crypto.
• Only 3% plan to use crypto proceeds to pay for presents this year, 64% will use cash, and 60% will use credit cards – the answers total more than 100% because multiple answers were encouraged.

A second survey graph shows how many people want the new year to be a fresh opportunity to invest digital assets.

A third-party panel conducted the research between October 19, 2021, and October 26, 2021. This survey consisted of 1,262 U.S citizens, males and women, between 18 and 65. For this survey, generational breakdowns are as follows: Gen Z (born 1997 – 2012); Millennial (born 1981-1996); Gen X (born 1965-1980); and Baby Boomer (1946-1964).

To The Flipside

• BlockFi sponsored the survey on crypto spending.
• In May, BlockFI suffered a “black eye” when it accidentally sent millions of dollars worth of crypto assets to user accounts, then demanded it back – very few complied.
• The state legislators in Texas, New Jersey, Alabama and New Jersey also sent cease-and-desist notices to BlockFi regarding their trading and lending activities. I’m sure BlockFi can’t wait for 2021 to be over.

What are the reasons to care?

Don’t be afraid to talk-up crypto with your friends and family members this holiday season. While the macro technicals remain bullish, crypto’s underlying fundamentals are strong.

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