Sunday, 19 Jan On this day ...
Sam Bankman-Fried testifies before Congress. Getty // Tom Williams
Q1. Bahamas-based FTX, the third largest cryptocurrency exchange by volume, collapsed into bankruptcy last week, the most recent in a string of high-profile failures in cryptocurrency sector.
Have you been following these stories?
Have you been following these stories?
male
female
rep
ind
dem
18-29
30-44
45-64
65+
Yes, and they are important
43%
49%
39%
55%
40%
33%
34%
49%
45%
46%
Yes, but they are not important
9%
10%
8%
8%
8%
10%
6%
9%
11%
9%
No, but they are important
30%
25%
35%
24%
31%
37%
42%
30%
25%
26%
No, and they are not important
11%
11%
10%
8%
14%
13%
17%
6%
12%
9%
Don't care
6%
4%
9%
5%
7%
7%
1%
6%
8%
11%
Q2. FTX CEO Sam Bankman-Fried has been pilloried on social media over his large donations to Democratic causes, outspoken support of increased crypto regulation, and lack of clarity on FTX customer funds.
Meanwhile, mainstream media like the New York Times and Wall Street Journal have been more restrained, as the bankruptcy overseer has called FTX a massive mess, but has yet to release much in the way of details about the size of losses and what caused them.
Who do you trust more on the subject of Sam Bankman-Fried and FTX?
Meanwhile, mainstream media like the New York Times and Wall Street Journal have been more restrained, as the bankruptcy overseer has called FTX a massive mess, but has yet to release much in the way of details about the size of losses and what caused them.
Who do you trust more on the subject of Sam Bankman-Fried and FTX?
male
female
rep
ind
dem
18-29
30-44
45-64
65+
Social media pundits
13%
19%
9%
20%
15%
5%
19%
18%
10%
7%
Mainstream media
18%
15%
19%
3%
13%
35%
11%
17%
20%
22%
Neither
49%
52%
46%
68%
54%
27%
48%
46%
51%
53%
Both
4%
4%
3%
3%
3%
5%
4%
4%
3%
2%
Don't know
9%
5%
14%
2%
8%
17%
10%
9%
10%
8%
Don't care
7%
5%
8%
3%
6%
10%
8%
5%
7%
7%
Q3. Bitcoin, the largest cryptocurrency, had a total market value of less than $10mm in 2011, but increased by 100,000 fold to reach $1 trillion at its November 2021 peak. Since then it is down 70%, but still worth more than $300 billion.
Will Bitcoin be a big part of the future?
Will Bitcoin be a big part of the future?
male
female
rep
ind
dem
18-29
30-44
45-64
65+
Yes, but I don't trust it
32%
30%
35%
33%
32%
31%
33%
28%
37%
30%
Yes, and I trust it
6%
8%
4%
8%
10%
3%
5%
10%
6%
3%
No, but trust it
3%
5%
0%
4%
2%
1%
6%
3%
1%
0%
No, and don't trust it
48%
45%
50%
44%
40%
55%
48%
50%
44%
52%
Don't know
9%
9%
8%
8%
14%
8%
8%
9%
8%
10%
Don't care
3%
3%
2%
3%
2%
2%
0%
1%
5%
5%
FTX CEO Sam Bankman-Fried donated about $40mm to Democratic PACS, and executive Ryan Salame about $23mm to Republican political causes.
Related Poll
Tales from the Crypto, Feb 2021 (when cryptocurrency prices were more than 3x what they are today)
Is Bitcoin here to stay?
45% Yes
28% No
Do you approve of Bitcoin?
34% Yes
37% No
Do you trust Bitcoin?
15% Yes
62% No
Entities in this poll: (click to rate or comment on)
0 Comments on the Poll