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CoinDesk Podcast Network

BITCOIN SEASON 2: The Average American Bitcoin Owner Is Not Who You'd Expect

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 7 July 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

Deep dive into the Nakamoto Project's survey of 3,500 Americans reveals surprising demographics about Bitcoin ownership, political leanings, and moral foundations of crypto holders vs non-holders.


You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com


Colin and Charlie dive deep into the Nakamoto Project's groundbreaking survey revealing what the average American really thinks about Bitcoin. From surprising ownership demographics to political shifts and moral foundations, this data challenges everything you think you know about who owns Bitcoin and why.


Subscribe to the newsletter! https://newsletter.blockspacemedia.com


**Notes:**

• 48 million Americans own Bitcoin (18.6% surveyed)

• 11 million hold their own keys (4.21%)

• Hispanic/Latino ownership leads at 24.2%

• 58.8% keep Bitcoin on exchanges

• Political shift right since 2024

• 4 in 5 support gold-to-Bitcoin conversion


Timestamps:

00:00 Start

02:14 Highlights

05:12 Who holds Bitcoin?

08:35 How do people hold Bitcoin?

12:02 Ethnicity of Bitcoin holders

16:32 Politics

20:38 Changes in ownership from 2024

22:22 Sentiment

27:26 Moral Foundations

39:00 Crypto Reserve

43:12 Policy


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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!



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Transcript

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0:00.0

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0:57.0

Hey everyone, Colin here.

1:00.8

We're running a short survey to get better information on who listens to the show.

1:03.7

And we're giving away free block space gear if you fill it out.

1:08.9

If you find value in our shows or listen consistently, you can do me a huge favor and fill out the form.

1:12.8

It takes about 30 seconds and helps me and the Blockspace team keep the show running.

1:15.2

You can find a link to the survey and the show notes.

1:16.0

Thanks.

1:20.3

What does the average American think about Bitcoin?

1:30.0

A recent report from the Nakamoto Project tells us what the average American looks like who owns Bitcoin and what they think about it.

1:33.9

We'll dive deep on Bitcoin Season 2. Let's kick it off.

1:56.3

All right, Colin, the Nakamoto Project has dropped a deep dive report, double-blind researched with a sample group of Americans who represent the average American populace, and we're going to dive in.

2:00.9

You know it's about Bitcoin because the group that produced it has the word Nakamoto in it, which is a dead giveaway for

2:04.5

We're a Bitcoin company.

...

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