I dislike most of the public's view on Bitcoin. I have too many friends asking me about bitcoin as an outlet to profit off, and make money overnight with the prices, instead of seeing it as new technology or a new payment option. The people that only come into bitcoin aren't real supporters of the coin, but instead, people who get involved with crypto and bitcoin because they think it has a future are the people the media and we need to attract to our community.
It does seem like a very viable survey though, the stats are pretty fair. 10% of all Americans owning BTC is surprising, but not a crazy number.
An ETF to help ease of entry for more people (e.g. in retirement accounts, brokerages etc) will go a long way to helping people purchase bitcoin and take part in any future gains.
ETF's are great, but even if they are backed by the underlying asset, which the Vaneck & SolidX ETF is, people still don't own anything but a promise that for every share that they buy, a custodian has X number of coins in their reserve. It's fantastic for those looking to gain exposure to Bitcoin through a non hassle way, but I would always recommend people to buy and store Bitcoin themselves offline.
You only need a sub $100 hardware wallet to store millions or even billions worth of Bitcoin in a convenient and safe manner. It's small and therefore easy to hide, unlike physical Gold where most people store it in bank vaults because they don't want to have it in their house. Good luck gaining access to your Gold after 5PM during business days or in the weekends.
This is very well said. Bitcoin is probably the most convenient and easiest to liquidate investment out there.