5/23/23 – It’s Time That ‘Financial Literacy’ Includes Crypto Basics!
- May 23 2023
- By: info@njcfe.org
- 0 Comment
It’s Time That ‘Financial Literacy’ Includes Crypto Basics!
May 17, 2023 | finextra.com
If you know the difference between a ‘Growth’ vs a ‘Conservative’ fund; or between investing in a fund vs individual shares, you probably pride yourself on being financially savvy. Well done!
My next question is – do you know the difference between storing your cryptocurrency (crypto) with an exchange vs an online wallet (self-custody); or between your public and private keys? If you don’t, you’re not a7uyu66lone. A recent survey revealed that although 1 in 3 Americans own crypto; just 9% are able to pass a basic crypto literacy test (more here) – results that I believe are largely indicative of where consumers are at globally.
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