Inside the minds of crypto voters: Insights from our latest report
Discover how crypto voters are shaping Canada’s political landscape.
Ever wondered how cryptocurrency’s massive growth could impact your everyday life? Us, too.
The global cryptocurrency market has experienced significant growth, with an estimated value of $3 trillion. But as many countries embrace a digital economy, Canada’s approach has been a little more cautious. And that has a lot of people raising questions about innovation, competitiveness, and financial inclusion.
Being a proudly Canadian company, we got to thinking about an often overlooked story: the rise of Canadian bitcoin and crypto voters. How do these digital trailblazers feel about our government’s policies? And could their votes really shape the future of our digital economy?
To get a better understanding of this growing voter base, we ran a deep-dive survey on crypto voters in Canada — what matters to them, their biggest concerns, and the policies they want to see in action.
Read on to see a few highlights from our survey to get a glimpse of the insights shaping the future of crypto policy in Canada.
Don’t have time? Download the report and save it for later!
Why this matters
Crypto users aren’t just investors — they’re voters, too.
As policymakers debate the future of digital assets, the voices of crypto voters matter more than ever. We talked to 1,785 Shakepay customers — 1,744 of whom are eligible for the next federal election — to see what matters most to them.
Curious? Let’s dive into what we discovered.
Bitcoin and crypto users are an engaged voting bloc
Bitcoin and crypto voters are educated, tech-savvy, and young (84% of Canadian crypto voters are under 50).
Of this cohort, 91% intend to vote in the next federal election, far exceeding the national average of 60 to 70%. That makes them a highly motivated and influential voting bloc, with strong aspirations for Canada’s future.
25% of crypto voters are undecided
One in four crypto voters is still on the fence about who to support in the next federal election.
In fact, 39% of these undecided voters are actively looking for leaders who share their vision of financial freedom and modernization.
Just as noteworthy, 91% of undecided voters say they’d be more likely to support a party that backs the bitcoin and crypto industry. That’s a real swing vote opportunity!
Not just a trendy asset
For many, bitcoin is more than an asset — it’s a game-changer for financial freedom.
In fact, over 64% of those surveyed report an improved financial situation, citing benefits such as:
- Better spending habits
- More affordable remittances
- Increased wealth
What crypto voters want
Our survey shows that 39% of undecided voters previously backed LPC or NDP, but now appear to be looking for leadership that aligns with their vision of financial freedom.
90% would support parties that adopt pro-bitcoin and crypto policies, regardless of political affiliation, which could tip the scales in closely contested ridings.
That means: For any leaders who address the concerns of crypto voters can gain support from a tech-savvy, forward-thinking voter base.
The bottom line: crypto voters matter
Crypto’s explosive growth intersects with both finance and politics — sparking debates and driving policy decisions that could shape the future. And the policies set today will determine whether Canada fosters a thriving crypto ecosystem or falls behind in the global digital economy.
Download the full report to see the key insights, trends, and policy priorities straight from Canada’s crypto community.