Majority of American Parents Want Crypto, Blockchain Education for Children, Survey Shows

With the growth of cryptocurrencies worldwide, now American parents believe that adding crypto-related subjects to their student’s curriculum could be a good idea.

To keep up with the times, the education sector needs to change what it teaches. According to a survey by Study.com, Americans have valued university education for decades, but crypto may be changing this notion. Some parents believe that education about digital assets should begin at school.

Per Study.com, more than 75% of the parents who invested in cryptocurrencies have paid $766 to their children’s education on average. While 80% of the college graduates who used or invested in crypto have paid $1,086 for their education on average, 86% of the surveyed college students desire more crypto and tech knowledge instead of a degree to make more money.

According to the survey, 64% of the American parents believe their children should learn about cryptocurrencies, 40% want education about blockchain technology, 35% value the metaverse, and 25% prefer non-fungible token (NFT) related studies.

Only 16% have used crypto

According to another survey by Pew Research Center, only 16% of the Americans have used, invested, or traded cryptocurrencies. 71% have not used or traded digital currencies but just heard or know a little about the asset class, while the remaining 12% have never “heard” about crypto “at all.”

Out of U.S. adults that have ever dabbled in cryptocurrency, 46% say their investments performed worse than expected, according to the research. Furthermore, of the 16% who have used or invested in crypto, 75% of the surveyed believe that the minor reason for investing in digital currencies is making money while 24% think that “making money” is their major reason for getting into virtual assets. 

About 54% of the surveyed believe that investing or getting into crypto is easier than “other ways.” 42% of the American men who have “invested, traded, or used” cryptocurrencies are between 18 and 29 years old.

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