US and global respondents perceive Donald Trump as the Most ‘Crypto-Aware’ and ‘Crypto-Ready’ Presidential Candidate, outpacing Joe Biden and Robert F. Kennedy
Singapore: July 16th, 2024 – Here at Elastos, the premier SmartWeb ecosystem, we are excited to reveal the latest findings from our BIT Index (Bitcoin, Innovation & Trust). This report underscores that Donald J. Trump is perceived as the leading figure among US tech-savvy consumers for his understanding and readiness to embrace Bitcoin.
Key Findings:
- 38% of respondents anticipate Bitcoin becoming mainstream within four years.
- 80% foresee Bitcoin evolving into a ‘default’ global currency.
- Bitcoin adoption is progressing more rapidly in BRICS and Global South Nations compared to Western Nations.
Who is the Bitcoin President?
In the US, 50% of tech-savvy consumers recognize Donald Trump as the most ‘crypto-aware’ presidential candidate, demonstrating a profound understanding of Bitcoin’s intricacies and advantages, compared to Joe Biden (32%) and Robert F. Kennedy (19%).
Globally, the perception remains consistent:
- Donald Trump: 51%
- Joe Biden: 31%
- Robert F. Kennedy: 19%
Demographic insights reveal that younger consumers (18-24) are slightly less inclined to view Trump as ‘crypto-aware’ (45%), compared to 25-34 year-olds (54%) and 35-44 year-olds (54%). Biden (34%) and Kennedy (21%) see a minor increase among the 18-24 demographic.
Trump is also viewed as the most ‘crypto-ready’ candidate in the US:
- Donald Trump: 49%
- Joe Biden: 30%
- Robert F. Kennedy: 21%
Globally, the figures are:
- Donald Trump: 51%
- Joe Biden: 29%
- Robert F. Kennedy: 20%
Again, younger demographics (18-24) show less support for Trump as ‘crypto-ready’ (47%) compared to 25-34 year-olds (51%) and 35-44 year-olds (54%). Kennedy receives a slight uplift from 18-24 year-olds (24%).
Trump is also seen by 42% of US respondents as the candidate most likely to promote the use and benefits of Bitcoin compared to Joe Biden (23%) and Robert F. Kennedy (14%).
Globally:
Trump’s support from younger voters (18-24) is lower (37%) compared to 25-34 year-olds (43%) and 35-44 year-olds (45%), while Kennedy sees a slight increase from 18-24 year-olds (17%).
Internationally, Nigerian respondents (59%), followed by the UK (56%) and Germany (54%), believe Trump is the most ‘crypto-ready’, compared to only 42% in India.
Bitcoin Going Mainstream
More than a third of tech-savvy consumers (38%) believe Bitcoin will become mainstream within four years. This belief is higher among 25-34 year-olds (41%) and 18-24 year-olds (40%).
A significant 80% foresee a future where Bitcoin becomes a ‘default’ currency for global transactions, including commodities, real estate, and company valuations.
BRICS Nations and Global South Leading in Bitcoin Adoption
- 24% of tech-savvy Indian consumers and 26% of UAE respondents use Bitcoin daily, compared to the global average of 18%. In contrast, only 11% of Germans, 13% of UK respondents, 14% of South Koreans, and 15% of US tech-savvy consumers use Bitcoin daily.
- High acceptance is observed in the UAE and Brazil (49%) for Bitcoin going mainstream within four years, compared to 22% in Germany, 25% in South Korea, and 36% in the UK.
- 91% of Nigerians and 90% of Indians envision Bitcoin as a ‘default’ currency, compared to 70% in Germany, 73% in the UK and South Korea, and 75% in the US.
About Elastos
Elastos is a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to produce a modern Internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. The mission is to build accessible, open-source services for the world, so developers can build an internet where individuals own and control their data.
The Elastos SmartWeb platform enables organizations to recalibrate how the Internet works for them to better control their own data.
