Finally found the report, that have been referencing in the comments.
Originally it came from the Crypto is Easy newsletter, Weekly Rundown, Dec 1 issue.
Which was from a Cointelegraph article from Nov 26, with a slightly different title (click bait does what click bait does).
Crypto literacy at 'dangerously low' levels, new report warns
As reported "The crypto community financial literacy rate is estimated at 25%, lagging the financial literacy average in the United states by half...."
The Cointelegraph artice was based on the Crypto Competence Index 2024 that was released by Pip World.
And the Cryoto Competence Index 2024 was based on a survey conducted by Coinfessions.
Talk about chinese whispers.
7 Key Takeaways
1. The Crypto Community lags the global average in making informed financial decisions
2. The Crypto Community is steering blind (or the blind leading the blind)
3. Stressed but staying for the ride (thank god we have crypto memes)
4. High financial literacry is a keydriver of significant wins in the crypto market
5. The FUD towards the majors and memecoins outstrips positive sentiment
6. NFTs and Memecoins have been topical in October, with BAYC leading the charge with the most amount of negative sentiment and positive mentions
7. Resilient and hopeful (hopium) about crypto's potential
An Unwavering Commitment To Crypto
"The findings in our report reflect the unwavering commitment of the crypto community and reinforce the importance of fostering financial literacy and strtegic thinking.
As Bitcoin reaches new heights, this is a testament to the belief that, even in the face of market volatility, informed and empowered traders can thrive.
At PiP World, we're proud to contribute to this positive momentum by providing insights and tools that support the journey of both new and seasoned traders.
this report is not just a snapshot of progress but a beacon for the future of resilient and confident trading.
- Saad Naja, PiP World CEO"
Merry Christmas
Well that started out rather negatively, with the Crypto Community being financially iliterate, dangerously so. Ended up on a positive note from Saad Naja.
Or should it be the other way round, started out positive and ended up with a negative click bait.
Crypto is definitely a journey. Best wishes to those who have been with us on this journey. May the crypto gods be kind to you.
@PVMihalache @Teodor @feax21 @TrocProcLock @Dzoelx @alberdioni8406 @SirGerardThe1st @ZeroRequiem @fklivestolearn @shohana1 @BitcoinBaby @LeftFooted @Patch @Uncryptic @SeventyFourSeventyFive @Sugarfix @SweptOverNiagara @FreeCryptoBro @astroboy13 @Keith Thuerk @MarkHelfman @Azertyswe @crypto newbie mom @Melina Mehr
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Footnote: Was on the couch talking to the Grandson about what he could buy with his Bitcoin. He wanted to know if it would buy a Monster Truck toy with his Bitcoin.
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He was happy with that.
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Solana (SOL)
As Solana makes up 20% of the Grandsons portfolio, getting free SOL is of interest.
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