Most Americans are against a digital dollar CBDC, survey reveals

Cointelegraph

Published Sep 25, 2020 03:13AM ET

Updated Sep 26, 2020 05:20AM ET

A new study by crypto mining firm Genesis Mining suggests the majority of U.S. citizens are against the introduction of a Central Bank Digital Currency. A survey conducted by Genesis mining discovered that out of the 400 participants, less than 25% agreed to the proposition that the government should abandon paper money in favor of a digital dollar, while more than half were opposed.

However, the number of CBDC proponents has nearly doubled in 12 months — with only 13% of respondents being in favor of a digital dollar when asked in 2019.

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