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Black Americans & Crypto (#GotBitcoin?)

Black Americans surveyed by Coinbase are twice as likely to have been negatively impacted by the current financial system; are also more interested in learning about crypto. Black Americans & Crypto (#GotBitcoin?)

At Coinbase, we believe diverse opinions, backgrounds, and experiences are essential to our mission of creating an open financial system for the world — one that’s more equitable and accessible.

In time for Black History Month, we partnered with Qriously to ask 5,126 people ages 18+ in the US and UK about their experiences with the current financial system, their thoughts on how technology will impact the world, and their interest in crypto.

We also asked prominent People of Color involved in crypto how it can help solve the problems of our current financial system and the importance for everyone to get a seat at the table.

Key Findings From Coinbase Research

• Twice As Many Black Americans Have Been Negatively Impacted By The Current Financial System As White Americans

• College-Educated Black Americans Are Nearly Twice As Interested As College-Educated White Americans In Learning More About Crypto

• The Majority Of Black Americans Believe Tech Will Have A Positive Impact On Society

• 1 In 3 Black Americans Believe All Ethnicities/Races Have Equal Access To The Financial System

• Black Americans Lead The Charge When It Comes To Interest In Understanding Crypto

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Methodology: To assess People of Color’s sentiments about inclusion and the financial system, Coinbase commissioned a study conducted by Qriously of 5,126 people ages 18+ in the US and UK during January 2020. The survey asked questions about their thoughts on money, technology, and the financial system to derive the statistics cited in this post.

 

 

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