Study: Ultra-rich families with net worth of $100 million prefer algorithmic cryptocurrencies over tokens

According to a study conducted by Owner One, ultra-wealthy households with a net worth of up to $100 million prefer algorithmic cryptocurrencies over tokens (4.32% vs. 0.92%). The study cites statistics that show that 91% of ownership continuity is interrupted in the transition from crypto to fiat and vice versa. In addition, the study found that only 7% of ultra-wealthy households perform due diligence before making crypto transactions. For those who ignore this step, they may lose the advantage of ownership history, the study warns. Regarding households' basic knowledge of crypto assets, the survey showed that only 12.82% of households realize that ownership of crypto assets cannot be restored once lost. The remaining 87.18% seem "indifferent" to storing such assets. (Bitcoin.com)