A poll carried out by Morning Consult in the United States in the beginning of July has now revealed which ethnicity is most likely to have heard of Bitcoin and have a bigger understanding of the cryptocurrency. According to the survey, which asked a large sample of people about their knowledge of and attitudes towards digital money, the ethnicity that conquered the first place is the hispanic American group.
The numbers actually reveal a striking difference: while 21 percent of hispanic Americans “a lot” about Bitcoin, only eight percent of whites and seven percent of African Americans could say the same.
The hispanics are the ethnic group most likely to consider that Bitcoin should be allowed by the government as a means to purchase goods and services, the website National Review reports.
Also, 23 percent of hispanics admitted they were “very likely” to buy and use Bitcoin. This is around three times as many as any other group polled in the same survey.
The results might be explained by the fact that the hispanic group has a younger age average. Also, some Hispanic Americans are immigrants or have relatives living in another country and are starting to see the advantages of using Bitcoin to transfer money between countries, avoiding the huge fees of the remittances market.
Image from Wikimedia
The BlueCoin Phenomenon
BlueCoin is very serious about their chosen theme. Taking cue from the cultural antics of the Dogecoin community, the founders of BlueCoin have been trying to give it something of a personality. They announced an official BlueCoin afterparty to ...read more
Ripple Labs CTO Designs Smart Contracts
Stefan Thomas is one of the more talented and respected developers in the space. An old hat at this young technology, he has been making waves as the CTO of Ripple labs. In a recent effort he has set ...read more
American court stops Mt. Gox from auctioning Bitcoin domain
A United States court issued a temporary order to forbid the sale of the domain Bitcoins.com, which is still owned by the CEO of the defunct cryptocurrency exchange Mt. Gox. Mark Karpeles announced the auctioning of the domain two weeks ago. The injuction ...read more
New York-based Coinsetter evolves to “full US Bitcoin exchange”
Following the recent presentation of the first BitLicense draft, the Bitcoin-related set of rules that will regulate the crypto-economy in New York, the local exchange Coinsetter announced its evolution from beta stage to “full US Bitcoin exchange”. “Today, we’re pleased ...read more
Building a Bitcoin Economy: How to Close the Loop
This guide is a continuation of a previous article at http://bitcoinmagazine.com/13104/building-bitcoin-economy-stimulate-adoption/ If you or someone in the area has been preaching crypto for a while, you probably have a few nearby businesses accepting Bitcoin by now. This is an important first ...read more
#OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools
The Corporation Film’s Crypto Challenge from Hello Cool World on Vimeo. For its 10th year anniversary, “The Corporation” is raising money for a re-release shown to 1,000 schools across North America. Their original fiat campaign closed at $30,000, and they’re ...read more