Skip to content
Subscriber Only

Americans Still Don’t Understand How Bitcoin Works

A new survey shows that significant swathes of the population do not understand or trust cryptocurrencies.

Video player cover image
Explain This: Bitcoin's Wild Ride

Mainstream financial institutions have started embracing cryptocurrencies. Main Street hasn’t.

More than one in 10 American adults have never heard of cryptocurrencies such as Bitcoin, Ethereum and Dogecoin, according to a new survey by the Harris Poll. The data was provided to Bloomberg during a week when the value of a Bitcoin soared beyond $52,000 for the first time.