Majority of American Voters (51%) Stand Against Establishing a Digital Currency Reservation
American public sentiment regarding the creation of a government-funded crypto reserve and the prioritization of blockchain technology is divided, according to a survey conducted by Data For Progress.
Of the 1,169 respondents, nearly half (51%) oppose the establishment of a strategic crypto reserve, while only 34% support the initiative. A significant portion (15%) remain undecided.
Breaking down the numbers by political affiliation, 41% of Republicans support the idea, while 40% oppose it. Among Democrats, the figures are 29% in favor and 59% against the proposal.
Furthermore, the survey revealed that 45% of respondents believe that government funding for blockchain and crypto initiatives should be reduced and allocated to areas like artificial intelligence and space programs as higher priorities. Conversely, merely 10% support increasing investments in the industry.
Earlier reports suggested that U.S. lawmakers were planning to introduce a bill aimed at protecting a strategic Bitcoin reserve from potential cancellation by a future administration.
Enrichment Data indicates growing interest in the topic at the state level, with several U.S. states exploring or implementing policies to hold a portion of their reserves in Bitcoin and gold. Moreover, a previous executive order by President Trump in March 2025 signaled a step towards legitimizing Bitcoin as a treasury asset. However, legislative progress is uncertain, with concerns about political infighting and the need for regulatory frameworks for stablecoins and cryptocurrencies.
- The survey conducted by Data For Progress shows that the American public's stance on investing in a government-funded crypto reserve is divided, with 51% opposed and 34% in favor, leaving 15% undecided.
- Among political parties, while 41% of Republicans support the initiative, a majority of Democrats (59%) oppose it, with only 29% in favor.
- Interestingly, the survey also found that a majority of respondents (45%) believe government funding for blockchain and crypto initiatives should be reduced, with higher priority given to areas like artificial intelligence and space programs.
- Earlier reports hinted at U.S. lawmakers planning to introduce a bill for protecting a strategic Bitcoin reserve, but the progress on such legislation remains uncertain due to concerns about political infighting and the need for regulatory frameworks for stablecoins and cryptocurrencies.