BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

Coinbase Reveals Only 7% of Americans are Content with the Nation’s Financial System.

by BlockNews.com Team
October 28, 2023
in BREAKING NEWS, CRYPTO, FINANCE
Reading Time: 2 mins read
A A
1
SHARES
13
VIEWS
Share on XShare in TelegramShare on Reddit
  • Majority of Americans are dissatisfied with the country’s financial system, with younger generations being the most disillusioned. Only 7% said the system works well for them.
  • Gen Z and Millennials see crypto and blockchain as an opportunity to increase economic opportunities and create more jobs. Nearly 40% of young respondents shared this view.
  • Over half of respondents said they will likely vote for crypto-friendly candidates in 2024, wanting the US to become a more crypto-friendly market. This could shape future policies as younger generations become a voting majority.

New research from Coinbase reveals that less than 10% of Americans are satisfied with the country’s financial system. Younger generations in particular feel pressured financially and disillusioned by the system.

Younger Generations Are the Most Dissatisfied

The Coinbase survey found that only 7% of respondents said the financial system works well for people like them. Millennials were the most dissatisfied, with 29% calling the system outdated. Meanwhile, 28% of Gen Z called it confusing and inadequate.

🚨 NEWS: @Coinbase report reveals only 7% of Americans are content with the nation's financial system.

Millennials label the system as "outdated," while Gen Z finds it "confusing."

As dissatisfaction grows, 40% of younger generations believe crypto and blockchain can bolster… pic.twitter.com/3wFofBEAV9

— BlockNews.com (@blocknewsdotcom) October 27, 2023

Younger Generations See Crypto as an Opportunity

Nearly 40% of young respondents said crypto and blockchain can increase economic opportunities by creating more jobs. As Gen Z and Millennials become a majority of voters, their push for crypto adoption in politics and society will continue.

Most Plan to Vote for Crypto-Friendly Candidates

Over half of respondents said they will likely vote for crypto-friendly candidates in the 2024 election. Coinbase wants to see the US become a more crypto-friendly market, but says the current regulatory approach is leading to disappointing crypto development.

Conclusion

The Coinbase survey shows younger Americans are unhappy with the financial system and see crypto as an opportunity. As they become a voting majority, their pro-crypto views could shape future policies and regulation.

Tags: BlockchainBusinessCoinbasecrypto
TweetShareShare
Previous Post

Federal Reserve Emphasizes the Need for Stronger Stablecoin Regulations

Next Post

BlackRock Settles SEC Charges Over Disclosure Failures

DON'T MISS THESE! HOT OFF THE PRESS

Cardano (ADA) Pumps 19%—Is It Ready to Break $1 or Just Bluffing Again?
CARDANO

Cardano (ADA) Pumps 19%—Is It Ready to Break $1 or Just Bluffing Again?

July 18, 2025
Litecoin Jumps 10%—Can a $100M Bet From a Biotech Company Kick Off a Bigger Rally?
CRYPTO

Litecoin Jumps 10%—Can a $100M Bet From a Biotech Company Kick Off a Bigger Rally?

July 18, 2025
Here’s Why Dogecoin’s Jumping Again Today
CRYPTO

Here’s Why Dogecoin’s Jumping Again Today

July 18, 2025
PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?
CRYPTO

PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?

July 18, 2025
Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth
CRYPTO

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

July 18, 2025
President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance
CRYPTO

President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

July 18, 2025
Load More

Related News

Cardano (ADA) Pumps 19%—Is It Ready to Break $1 or Just Bluffing Again?

Cardano (ADA) Pumps 19%—Is It Ready to Break $1 or Just Bluffing Again?

July 18, 2025
Litecoin Jumps 10%—Can a $100M Bet From a Biotech Company Kick Off a Bigger Rally?

Litecoin Jumps 10%—Can a $100M Bet From a Biotech Company Kick Off a Bigger Rally?

July 18, 2025
Here’s Why Dogecoin’s Jumping Again Today

Here’s Why Dogecoin’s Jumping Again Today

July 18, 2025
PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?

PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?

July 18, 2025
Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

July 18, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve Finance FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.