Why do Americans prefer cryptocurrencies to banking services?

Every year since 2013, America has conducted a survey about the financial situation of its residents. The Federal Reserve found that of the 11,000 participants in the survey, 13% do not have bank accounts. This means that people are unhappy with banks and are more likely to resort to digital currency transactions.

Why do Americans prefer cryptocurrencies to banking services?

• A device with internet is enough for transactions
• Ability to transfer cryptocurrencies quickly
• There are applications similar to banking, similar to loans or deposits in the form of steaking and more
• No need to wait for authorization and confirmation of transfers. The users of the sites are equal to each other.

Soon there will be an official project in the U.S. that allows you to invest some of your money into your future pension in BTC. This project under the famous 401(k) pension plan was announced by Fidelity at the end of April 2022