African-American and LGBT Americans are more than twice as likely to in cryptocurrency than white Americans. A survey provided to 2,010 and 2,003 American adults onnducted between June and July of this year show that 23% of African Americans and 17% of Hispanics indicated that they are currently investing in digital assets, compared to only 11% of white Americans and 13% of the general public. About 25% of the LGBT community also said that they hold crypto.
Cryptocurrency awareness is also higher among minority groups, with half of African Americans, Hispanics and Asians expressing familiarity with cryptocurrency, while only 37% of whites answerd the same question. The poll found that 43% of African Americans believe they have not been treated fairly by the banking and loan industries, a sentiment echoed by 39% of LGBT respondents. By cantrast, 28% of the general public said that they have been treated unfairly by the finance sector. According to a recent Harris Poll, many marginalized communities have experienced financial discrimination, likely contributing to their increased willingness to explore decentralized assets.
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