fusion.net / Kristen V. Brown / June 11, 2015 8:23 PM
The stereotypical Bitcoin aficionado is a young, white man. And according to a new report by cryptocurrency news and research site Coindesk, that stereotype is dead-on.
Of the 3,515 people who responded to Coindesk’s March survey of Bitcoin users, 90 percent identified as male, more than 65 percent identified as white and 60 percent were under the age of 35.
The Bitcoin world has long struggled with the image that it is the domain of geeky white men, but researchers hoped to find that in 2015 that stereotype no longer held true. A smaller survey back in 2013 found that 95 percent of Bitcoin users were male, but since then the number of Bitcoin transactions has hit record levels and more than 80,000 merchants have begun accepting the digital currency, which might hint at a broader, more diverse user base.