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Majority of Swing State Voters Feel Financial System ‘Favors Elites Over Regular People’: DCG Survey

by Rhodilee Jean Dolor
May 9, 2024
in Financeflux

Most voters in US swing states think that the financial system is not fair, according to a new survey commissioned by venture capital firm Digital Currency Group (DCG).

The Harris Poll surveyed 1,201 registered voters in Michigan, Ohio, Montana, Pennsylvania, Nevada and Arizona to explore the attitude of the electorate towards crypto and the current financial system.

The survey found that voters in key battleground states are skeptical of the current financial system. Only 38% percent of the respondents think that the current financial system is meant for people like them while 25% see the system as fair for all.

Reads the report,

“The current financial system is broadly unpopular, with widespread voter agreement that that system is inequitable and that younger generations in particular, are disadvantaged.”

Four in every five registered voters also think that the current financial system favors the elites over regular people.

“The current financial system garners negative reactions from voters, with the majority agreeing that the system favors elites over regular people (80%), lacks transparency (79%), is difficult to understand (67%), and that younger generations are set up to fail (63%).”

Only 14% of the voters own digital assets and 69% do not feel knowledgeable about crypto, but nearly a third have positive feelings towards crypto, of which around 90% are planning to vote in the upcoming 2024 elections.

“Nearly half of voters do not trust political candidates that would interfere with crypto. One-quarter say that enthusiasm towards crypto would make them trust a political candidate more. 30% would be more likely to support a political candidate that is friendly to crypto.”

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