According to the survey findings, individuals preferred purchasing crypto above buying mutual funds, flying, buying a new automobile, buying a new home, and establishing a personal relationship.

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The study also addressed the issue of teaching young minds about cryptocurrency. According to the research, 66 percent of Americans feel cryptocurrencies should be taught in high school or earlier, with 33 percent saying it should begin in middle school or earlier.

According to the report, many people are eager to spend more money if they have a better grasp of cryptocurrency. Half of those polled said they would invest more in bitcoin if they knew more about it.

In 2021, 63 percent of US people said that they are interested in learning more about bitcoin or intend to purchase cryptocurrency. The respondents identified as crypto-curious, claiming that they do not possess cryptocurrency but are eager to learn about it and perhaps acquire it in the future.

In a November study of American adults, 16% said they had invested, traded,, or utilized cryptocurrencies in some way. Statistics reveal that 27 million Americans possess cryptocurrencies at the present.

Google Pay has hired a PayPal executive to lead its crypto payments drive

Arnold Goldberg has been appointed to lead Google's payments section as part of the company's overall push into financial services, including cryptocurrency.

Bill Ready, Google's VP of business, told Bloomberg:

"We pay a lot of attention to cryptocurrency [...] We will develop in tandem with user and merchant demand." Google Pay is a Google-developed online payment system that allows in-app, internet, and contactless payments on mobile devices such as Android phones, tablets, and watches.

According to Ready, as part of the revamp, Google will concentrate more on having a "complete digital wallet" that incorporates digital tickets, airline passes,, and vaccination passports.

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Following the announcement, the price of Bitcoin (BTC) increased to $42,478 (from a 24-hour low of $41,254) before sliding back to $41,887 at the time of writing, according to Coinmarketcap.

Google has been dabbling in the cryptocurrency area for quite some time, working with many crypto businesses until 2021. Ready said that the business intends to develop other relationships with cryptocurrency startups.

Google Pay announced a new relationship with major crypto exchange Gemini in April 2021. The upgrade enabled Gemini customers to buy Bitcoin using fiat cash on a debit or credit card using Google Pay.

In June, Google teamed with Coinbase to enable Coinbase users to pay for products and services using Google Pay using their Coinbase Card. Users might also get crypto refunds of up to 4% for their purchases.

In October, a collaboration between crypto exchange Bakkt and Google enabled Bakkt clients to buy products and services using selected specified cryptocurrencies through their Google Pay wallet.

Paypal, on the other hand, looks to be one man down while it investigates the establishment of its own stablecoin. Paypal revealed intentions to introduce "PayPal Coin" earlier this month, which developer Steve Moser discovered in the source code of the platform's iPhone app.

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This comes barely three months after the internet behemoth scrapped plans for a "Plex" service that would let users open checking and savings accounts.

"We're not a bank, and we don't intend to be a bank," Ready said of the decision to drop Plex. "Some previous endeavors would inadvertently wander into such regions."

Google Pay began in 2015, with a 2020 redesign that changed the site into a center where consumers could check their expenditures and look for discounts.