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The Federal Reserve Board of the United States has included cryptocurrency statistics in its new Economic Well-Being of US Households in 2021 report. The Federal Reserve's ninth annual study examined survey responses from 11,000 persons polled in October and November of 2021.

Financial well-being is at an all-time high, according to the survey, with 78 percent of Americans "doing okay or living comfortably financially." This is a 3% growth over the previous three years. The research uses the 68 percent of Americans who believe they could handle a $400 emergency bill with cash or its equivalent alone as a measure of financial wellness.

For the first time, the report examined cryptocurrency usage. It found that 13% of adults in the United States possessed or used cryptocurrency in 2020, with 11 percent storing it as an investment, 2% using it for a purchase or payment, and 1% sending it to friends or relatives. Crypto investors "were disproportionately wealthy, virtually always had a traditional banking link, and typically had other retirement assets," according to the study. Fourty-six percent earned $100,000 or more per year, while 89 percent of those who were not retired had retirement funds. Twenty-nine percent earned less than $50,000.

The typical user that transacts with bitcoin has a very different profile than investors. According to the research, nearly 60% of these users had salaries under $50,000, with 20% having incomes under $25,000. Only 24% earned a salary of more than $100,000. Thirteen percent of the population have no bank account. In comparison, only 6% of adult Americans do not have a bank account. In comparison to 17 percent of the population, 27% of those who utilized crypto for transactions did not have credit cards.

Other problems faced those who employed crypto for commerce. According to the report's findings, about a quarter of the population did not have a high school diploma.

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