A recent survey by trading platform revealed that participants were more likely to go on a second date with someone if the bill was paid in Bitcoin by the other person.
Bitcoin makes you…hot?
Bitcoin has already worn many hats in over a decade of existence: inflation hedge, speculative asset, a ponzi scheme, digital gold, and recently even legal tender.
But so far, no one has accused Bitcoin of – or lauded it for – being an aphrodisiac.
However, if we are to believe a survey by eToro, a trading platform, that may be the case. Single men and women are looking for financially stable partners and knowledge about cryptocurrencies is highly desired, as discovered through the survey. One-third of the participants – all from the United States – said they would be more likely to go on a date with someone dealing with cryptocurrencies.
But there’s more. A full 75% said they would go on a second date with someone if the person paid the bill in BTC. 20% said they would be more interested in a person if their profile picture was an NFT.
All of this is a testament to the surge of cryptocurrencies and NFTs into mainstream culture, going even as far as our romantic lives. The directional trend could not be clearer even though the survey may be somewhat biased – respondents using a trading site are likely to be more open to crypto than others. Soon, more people may be buying assets with cryptocurrencies they received from their exes.
Crypto is going mainstream but people don’t understand it
16% of Americans say they’ve traded, used or invested in cryptocurrencies and of them, 31% are under 30. Youngsters will likely soon see trending NFTs as a status symbol similar to a nice watch or a fast car.
But are we ready for the crypto revolution?
One in five investors in the UK says their knowledge of the cryptocurrencies they invest in is poor. Some may be too ashamed to admit such a thing, even if it is an anonymous survey, so figures may be even higher. That raises the question of whether crypto going mainstream is actually a good thing or whether we are getting caught in a tsunami of financial misinformation.
After all, you cannot reasonably expect teenagers and people in their twenties to have the financial and life experience to assess whether the latest NFT collection is just smoke and mirrors or something that could become a status symbol. Even though crypto is here to stay, it will not change human tendencies and biases like greed, overconfidence, and disregarding the long term. The volatility in the markets points towards the opposite.
So next time you swipe right on someone with a Bored Ape in their dating profile, you may want to reconsider whether the person really is as financially stable as you think (or they claim). Many crypto investors have become rich overnight and lost it just as fast. You would not want this to happen to your significant other.