The Pomp Letter

The Pomp Letter

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The Pomp Letter
The Pomp Letter
70% of consumers don’t know what a cryptocurrency is

70% of consumers don’t know what a cryptocurrency is

Anthony Pompliano
Mar 08, 2019
∙ Paid
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The Pomp Letter
The Pomp Letter
70% of consumers don’t know what a cryptocurrency is
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Cryptocurrencies are still in their infancy.

A recent survey by the Financial Conduct Authority (FCA), a regulator in the UK, showed that more than 70% of consumers didn’t know what a cryptocurrency was. Further, only 3% of respondents had ever bought one of the digital assets.

These data points put things in perspective and remind us that (1) this indust…

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