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Third of U.S. Swing State Voters Favor Crypto as Payment: Newsweek

In brief According to a Newsweek poll, one third of voters in swing states are in favor of using crypto as payment. In New York, several mayoral candidates have voiced support for crypto into their campaigns.

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 voters—from Arizona and both Texas and Wisconsin respectively—would vote “yes” 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. 

“If a party wants to catch these receptive voters, it should act swiftly—not only to beat the other party to the punch, but also to preempt legislation that would prove difficult to reverse if enacted,” said Louisa Idel, head of insights at Redfield and Wilton. 

Unpacking the poll’s results

Georgia 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 survey’s 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. 

“Most voters also seem to have only heard or read about Bitcoin,” Newsweek added. 

National cryptocurrencies

So far, only one country in the world has accepted any cryptocurrency as legal tender. 

That is El Salvador, which officially recognized Bitcoin as leg...

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