Approximately one third of voters living in swing states in the United States are in favor of cryptocurrencies as a form of payment in their state, according to a Newsweek poll.
The poll, which was conducted by Redfield and Wilton Strategies, found that between 28% and 37% of votersâfrom Arizona and both Texas and Wisconsin respectivelyâwould vote âyesâ to a ballot that would make cryptocurrency legal.
The poll surveyed over 9,700 eligible voters between August 20 to August 22 in California, and 20 to 24 in nine other states. Those include Florida, Georgia, North Carolina, Ohio, Pennsylvania and Virginia.
âIf a party wants to catch these receptive voters, it should act swiftlyânot only to beat the other party to the punch, but also to preempt legislation that would prove difficult to reverse if enacted,â said Louisa Idel, head of insights at Redfield and Wilton.
Unpacking the pollâs resultsGeorgia appeared to be the most divided state, with 27% of respondents saying they would oppose a national cryptocurrency, while 27% also stated that they would oppose such a policy.
Arizona reported the most opposition to the policy, with 40% of voters against.
According to the surveyâs results, one of the biggest obstacles to using cryptocurrency as payment is a lack of information about cryptocurrencies in general. Approximately six in 10 voters said they opposed the policy because they did not know enough about cryptocurrencies.
âMost voters also seem to have only heard or read about Bitcoin,â Newsweek added.
National cryptocurrenciesSo far, only one country in the world has accepted any cryptocurrency as legal tender.
That is El Salvador, which officially recognized Bitcoin as legal tender earlier this month. While El Salvadorâs president, Nayib Bukele, has been praised by Bitcoin advocates, the policy has generated significant controversy.
El Salvador Forced Through Its Bitcoin Law by Any Means NecessarySince President Bukele first announced the decision to embrace Bitcoin as legal tender, El Salvador has seen protest, after protest, after protest. Major international organizations like the IMF and the World Bank have voiced concern over the policy, and even citizens of El Salvador have accused the government of silencing, harassing, and intimidating critics.
Crypto in the U.S.The United States hasnât embraced crypto to the same extent as El Salvadorâs government, but some key political figures have taken a pro-crypto stance.
One example is Francis Suarez, Mayor of Miami, who oversaw this yearâs Bitcoin Conference in his own city.
The View From Bitcoin CityThroughout this year, Mayor Suarez has pushed a cryptocurrency ticketâcreating a cryptocurrency team of his own, claiming that Bitcoin is âtoo big to regulate,â and even putting his money where his mouth is by purchasing some Bitcoin (and Ethereum) in a personal capacity.
Mayor Suarez might want to make Miami the United Stateâs crypto capital, but he has some competition in New York.
âAs New York City Mayor, I will make NYC the most cryptocurrency-friendly city in the nation. Property taxes, fines, and fees will be payable in crypto,â said Republican mayoral candidate Curtis Silwa earlier this month.
Democratic candidate Eric Adamsâwho won the New York Democratic primary earlier this yearâalso pledged to turn New York City into a âcenter of Bitcoins.â
Yet another New York Mayor hopeful, Andrew Yang, also pledged to make the city âa hub for Bitcoin and other cryptocurrenciesâ earlier this year.