Arslan Butt
According to the Grayscale study, crypto regulation is a bipartisan issue, with the majority of Democratic and Republican respondents expressing a need for clarification. A recent poll found that roughly one-third of eligible American voters would “consider crypto policy positions” when choosing candidates for the US mid term elections in 2022.
According to recent poll results, many Americans are thinking about the state of the economy and how crypto fits in before the 2022 midterm elections.
US Mid Term Elections 2020
The Harris Poll surveyed 2,029 likely midterm voters between October 6 and 11. According to the Grayscale summary, voters and lawmakers have heard of cryptocurrency and appeared to have seized the chance to learn more about the asset class. The study indicated that Republicans and Democrats think cryptocurrency symbolizes the financial future and that most people are familiar with it, despite political differences.
“This survey reinforces that #crypto continues to generate diverse, mainstream investor interest and engagement,” said Grayscale CEO @Sonnenshein. Compare your answers with the results here: https://t.co/SLus4nfopk
— Grayscale (@Grayscale) November 1, 2022
The results show that 57% of those voters say they would be more likely to support a political candidate interested in keeping up with cryptocurrency news. However, 38% said they would consider positions on crypto policy when casting their ballots.
According to the study, Democrats and Republicans want the US government to clarify the regulation of cryptocurrencies, with 87% of Democratic respondents and 76% of Republicans stating this.
Despite political divisions, a new national survey commissioned by Grayscale and conducted by The Harris Poll found broad familiarity with crypto across party lines. Learn more: https://t.co/TqjjWMjkxF pic.twitter.com/gWIR4LYMBF
— Grayscale (@Grayscale) November 3, 2022
Many states have already started early voting for the November 8 midterm elections in the United States. Several concerns, such as abortion, gun control, free and fair elections, and the economy, including cryptocurrencies, are influencing many people to the polls.
Moreover, the future majority control of the House of Representatives and Senate is in jeopardy.
Methodology of the survey
Between October 6 and 11, 2022, 2,029 people aged 18 and up in the United States took part in an online survey. Grayscale Investments commissioned the survey, which was conducted by Harris Poll using its Harris on Demand omnibus product.
Data were weighted by age, gender, race/ethnicity, region, education, marital status, household size, household income, employment, and propensity to be online to reflect their actual proportions in the population.
Do you have a clear understanding of the current regulatory landscape for the crypto industry? We asked @HarrisPoll to help us find out Americans' views on this and other topics. Learn more: https://t.co/62tzw29V6l pic.twitter.com/vuJr0ZuMbi
— Grayscale (@Grayscale) November 2, 2022
Participants were chosen from those who agreed to participate in the surveys. They assessed the sampling accuracy of Harris online polls using a Bayesian credible interval. This study’s sample data has a 95% confidence level accuracy of +2.8 percentage points.
Whether or not probability sampling is used, sample surveys and polls are subject to errors that are difficult to quantify or predict. Post-survey weighting and adjustments, coverage error, nonresponse error, question wording and response option error, and nonresponse-related error are some of the sources of error.
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This article was written for Business 2 Community by Arslan Butt.
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