US President Trump recently signed an executive order to establish a cryptocurrency strategic reserve, using federal government spending to acquire and hold cryptocurrencies like bitcoin as a reserve asset. However, new polling from Data for Progress shows that this plan is not well-supported by voters.
According to the survey, only 10% of voters believe the US should increase federal funding for cryptocurrency and blockchain development. In contrast, funding for other priorities such as Social Security (65%), Medicare (64%), roads (63%), Medicaid (53%), public education (52%), renewable energy (45%), space exploration (24%), and artificial intelligence (20%) are significantly more popular.
The survey also found that a majority of voters (51%) oppose the idea of a crypto strategic reserve, with majorities of Democrats (59%) and Independents (56%) expressing similar views. Republican voters are split on the proposal. These findings indicate that voters do not support the US government spending more money on cryptocurrency and do not want to establish a reserve.
The survey was conducted by Data for Progress from March 8-10, 2025, involving 1,169 likely US voters nationally. The results have a margin of error of ±3 percentage points, with increased margins of error for subgroups.
Source: https://www.dataforprogress.org/blog/2025/3/14/a-majority-of-voters-oppose-a-crypto-strategic-reserve