Summary
TLDR: A survey found that 19% of American registered voters have purchased cryptocurrencies, with a fairly equal split between Democrats, Republicans, and independents. Many voters hold significant amounts of crypto, showing a vested financial interest. Crypto-focused political donors are increasing their distributions, with some bets paying off in elections. The political divide is not as important in crypto, with both Democrat and Republican super PACs donating to candidates.
Key Points
1. Around one fifth of American registered voters have purchased cryptocurrencies, according to a survey from Paradigm.
2. The survey found that 19% of crypto-owning voters identified as Democrats, 18% as Republicans, and 24% as independents.
3. 6% of crypto-owning voters hold values worth between $1,001 and $10,000, indicating a significant financial interest in cryptocurrency.