The survey for NEFE was conducted from January 12-14, 2024, by the National Opinion Research Center at the University of Chicago. It involved 1,222 adults aged 18+ and aimed to be representative of the U.S. population.
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50 sats \ 1 reply \ @Hamstr 24 Apr
1,222 adults is not nearly enough data especially in Chicago. I did a little data analytics, you need way more then that. That looks a bit skewed.
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0 sats \ 0 replies \ @tolot 24 Apr
Agree. Moreover, surveys are not to be trusted for such small numbers. Plus, how can be statistically significant a sample drawn from a single subset of population observations (Chicago) and being considered representative of the US population? That is odd at best
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32 sats \ 0 replies \ @TheBTCManual 24 Apr
That's a lot of pay cheque to paycheque people, like 50%+ even in the best cohort, and in the biggest economy in the world, the rest of the world is even even worse shape and even if you do manage to save, if you can't access US financial markets you've been getting your clock cleaned.
When I see stuff like this it just makes me feel like satoshis are so undervalued
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16 sats \ 0 replies \ @Satosora 24 Apr
ouch.
Shows how well america saves money.
But it has always been this way.
Many people live paycheck to paycheck.
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8 sats \ 0 replies \ @riberet19 24 Apr
if we showed the data from other countries they would be much worse, the US always tends to do things a little better than other countries, in Europe, this is surely worse.
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10 sats \ 0 replies \ @kristapsk 24 Apr
Bitcoiners mostly do have savings.
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0 sats \ 0 replies \ @nym 24 Apr
Too small of a sample size, it will have a large error rate.
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0 sats \ 1 reply \ @Coinsreporter 24 Apr
This is really a very small sample size. You need at least 10k to really make it count.
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74 sats \ 0 replies \ @0xbitcoiner OP 24 Apr
why 10k ?
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