Although some believe cryptocurrency’s long-term benefits, other people have different reasons for not investing. Coupon Follow’s recent survey found that many people don’t want to invest in cryptocurrency because of concerns like volatility, limited applications, regulatory issues and the impact on the environment.

This survey was conducted by InclusionAnswers to respondents 18 years and older were provided by 1,172 Gen Z, Millennials (Gen Xers), and Baby Boomers. Samples of 172-333 people were used to represent each group. The report stated that all the respondents had never invested in crypto, and were therefore “no coiners”.