Does the cryptocurrency sector have a financial literacy problem?
UC economist tells Cointelegraph cryptocurrency adoption can help improve financial literacy
Volatility has been a characteristic of cryptocurrency markets, which a report from PiP World attributed in part to low financial literacy rates among cryptocurrency owners, Cointelegraph reported.
Michael Jones, PhD, director of the Cryptoeconomics Lab at UC Digital Futures.
However, not everyone buys into the premise that literacy is the problem.
A University of Cincinnati survey, conducted by the Cryptoeconomics Lab at UC Digital Futures, found cryptocurrency owners score higher than non-cryptocurrency owners in financial literacy.
Michael Jones, PhD, a Carl H. Lindner College of Business assistant professor of economics and director of the Cryptoeconomics Lab, said it makes sense that cryptocurrency owners would want to learn more about the traditional financial sector.
“I would argue that cryptocurrency adoption can be an effective vehicle for increasing financial literacy,” Jones told Cointelegraph.
The Cryptoeconomics Lab has developed a survey to test individuals’ knowledge about cryptoeconomics.
Featured image at top: Close up shot of Bitcoin and other cryptocurrency coins on a $100 bill. Photo/ozgurdonmaz via iStock
Innovation Lives Here
The University of Cincinnati is leading public urban universities into a new era of innovation and impact. Our faculty, staff and students are saving lives, changing outcomes and bending the future in our city's direction. Next Lives Here.
Related Stories
TikTok users say anti-ICE videos are being censored
January 27, 2026
CNN turns to University of Cincinnati Professor Jeffrey Blevins to explain why censorship by social media companies paradoxically is permitted under the First Amendment.
Ohio township fails in bid to stop compensation to Ohio Innocence Project exoneree
January 27, 2026
The Columbus Dispatch follows the US Supreme Court's refusal to review a $45 million civil lawsuit award for an Ohio Innocence Project exoneree’s wrongful imprisonment. OIP at UC Law has help exonerate 43 people who served collectively more than 800 years behind bars for crimes they didn't commit.
A non-surgical approach for colorectal cancer
January 27, 2026
The University of Cincinnati Cancer Center's Ian Paquette and patient Patty Goering were featured in a Jacksonville television station News4Jax report on nonsurgical options to treat colorectal cancer.