Crypto

Survey Reveals Americans’ Reluctance

US Voters Oppose Creation of Cryptocurrency Strategic Reserve

The Public’s Stance on Cryptocurrency Reserves

In a striking revelation, a recent poll has indicated that over half of the American populace, approximately 51%, are against the establishment of a cryptocurrency strategic reserve. This initiative, advocated by US President Donald Trump since his election, seems to be met with reluctance by the general public. The survey results suggest a preference among US voters for reduced government expenditure in the realm of digital currencies.

Rejection of the Crypto Reserve Initiative

According to a study conducted by the advocacy organization Data for Progress, a significant portion of Americans are not supportive of the government’s plan to create a stockpile of cryptocurrencies as part of a national reserve. The poll, which surveyed 1,169 American voters between March 8 and 10, 2025, uncovered that 51% oppose the proposal, whereas only 34% are in favor.

This proposed reserve is one of the key reforms President Trump is eager to implement, aiming to foster a conducive environment for the cryptocurrency sector. However, the lack of widespread support indicates a challenging road ahead for this initiative.

Advertisement Banner

Analyzing the Poll Results

The poll results further dissect the opinions along party lines. Among Democrats, a robust 59% oppose the strategic reserve, while only 29% support it. Independent voters also show a lack of enthusiasm, with 56% opposing and 30% supporting the idea. Interestingly, even within the Republican camp, opinions are split, with 40% opposing and 41% supporting the proposal.

This division suggests a significant portion of the population remains unconvinced about the benefits of government investment in cryptocurrencies as part of a national strategy.

Minimal Enthusiasm for Increased Crypto Spending

Insights from Data for Progress

The report from Data for Progress highlights that cryptocurrencies are not a priority for federal funding among Americans. Only a small fraction, 10% of voters, believe an increase in federal investment in cryptocurrency and blockchain development is necessary.

When broken down by political affiliation, 45% of respondents overall advocate for a reduction in federal spending on digital assets. Among Democrats, 52% favor cuts, while 26% prefer maintaining current funding levels. In contrast, 36% of Republicans support decreased spending, with 31% advocating for maintaining the status quo. A notably low percentage of voters from both parties desire increased government spending on these emerging technologies.

Our Editorial Commitment

At bitcoinist, we pride ourselves on delivering content that is both rigorously researched and unbiased. Our editorial process involves meticulous review by top industry experts and seasoned editors, ensuring that our readers receive information that is both reliable and valuable.

Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button