Vice President JD Vance and two of President Donald Trump’s sons were in Las Vegas on Wednesday to talk about cryptocurrencies and how the financial instrument can help ordinary people.
Data shows about 1 in 6 U.S. adults — 17% — have ever invested or used cryptocurrency, while half that — 8% — have used it in the past year.
Survey data from Pew Research shows crypto use is highest among men 18 to 29 years old and lowest among women 50 and older.
And new survey data from the U.S. Federal Reserve found that 7% of U.S. adults have used crypto in the past 12 months as of 2024, down from 12% in 2021.
Vance told the crowd Wednesday “we want our fellow Americans to know that crypto and digital assets, and particularly Bitcoin, are part of the mainstream economy and are here to stay.”
On Wednesday, two of President Donald Trump’s sons and Vice President JD Vance traveled to Las Vegas to discuss cryptocurrencies and how the financial instrument can benefit regular people.
Vance stated that “we have a once in a generation opportunity to unleash innovation and use it to improve the lives of countless American citizens” to attendees of the Bitcoin 2025 conference. The statistics show that we still have a long way to go.
Data indicates roughly 1 in 6 U. A. Of adults, 17% have invested in or used cryptocurrencies at some point, and 8% have done so in the previous 12 months.
Pew Research survey data indicates that women aged 50 and over use cryptocurrency the least, while men aged 18 to 29 use it the most.
as well as fresh survey data from the U. A. According to the Federal Reserve, 7% of U.S. S. . As of 2024, fewer adults than in 2021 (12%) reported using cryptocurrency in the previous 12 months.
More positive figures come from industry associations: a 2024 survey found that 14% of U.S. S. Nowadays, adults own Bitcoin, the most well-known cryptocurrency. There are about 260 million adults in the United States. S. translates to 36 million Bitcoin-using adults.
As a comparison, 26% of U. S. 60% of households have retirement accounts, and 60% own stocks or mutual funds, according to a U.S. S. Census Bureau report. .
The Trump administration has been courting the crypto audience more and more. Trump hosted a dinner for purchasers of his own meme coin last week. The Labor Department retracted guidelines on Wednesday, cautioning employers against allowing cryptocurrency investments in their employees’ 401(k) plans.
“We want our fellow Americans to know that cryptocurrency and digital assets, and especially Bitcoin, are part of the mainstream economy and are here to stay,” Vance said to the audience on Wednesday. “.”.
