A recent survey had found that 96% of respondents in the U.S. failed the crypto literacy assessment. Therefore, due to the knowledge gap, cryptos might be ‘failing its mission of financial inclusion,’ as per the research.
Having said that, New York Mayor-elect Eric Adams has recently stated that schools should teach cryptocurrency and its technology in its curriculum in a recent interview with CNN. He said,
“When I talked about blockchain and Bitcoins, young people on street stopped and asked me, ‘What is that?’”
His comments come after he said he would accept his salary in Bitcoin. However, former top economic adviser Jason Furman had called it a ” bad economic strategy for NYC.”
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