Ahead of the 2022 midterm elections, new survey results indicate that many Americans are taking into consideration the state of the economy and where crypto fits in. How will these views impact their votes? We asked The Harris Poll to survey over 2,000 likely voters to find out.
The results illustrate that 60% of Americans surveyed believe the economy is on the “wrong track,” and 25% directly confirm that inflation and the current economic climate have made them more interested in crypto. As the total market cap of cryptocurrencies has increased from $389B on election day in 2020 to over $1T today, we’ve seen discussions about crypto in congress, attention from regulators, an executive order dedicated to digital assets, and advocacy from industry peers. Voters and lawmakers alike have been hearing about crypto, and it seems they’ve taken the opportunity to learn about the asset class.
Despite political divisions, the survey found broad familiarity with crypto across party lines and a majority of both Republicans and Democrats who agree that crypto represents the future of finance. There is an even stronger consensus among surveyed voters on the desire for greater regulatory clarity, as well as the importance of lawmakers staying informed about crypto. Explore our infographic to learn more:
Members of the media are welcome to reach out to [email protected] for more information, including access to survey data.
This survey was conducted online within the United States between October 6-11, 2022, among 2,029 adults (aged 18 and over) by The Harris Poll on behalf of Grayscale Investments via its Harris On Demand omnibus product.
Data were weighted where necessary by age, gender, race/ethnicity, region, education, marital status, household size, household income, employment, and propensity to be online, to bring them in line with their actual proportions in the population.
Respondents for this survey were selected from among those who have agreed to participate in The Harris Poll surveys. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within + 2.8 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest.
All sample surveys and polls, whether or not they use probability sampling, are subject to other multiple sources of error which are most often not possible to quantify or estimate, including, but not limited to coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments.