People often associate the entire realm of digital assets with Bitcoin or cryptocurrencies, but digital assets are much more than that. In fact, digital assets comprise all electronically stored pieces of information used and owned, ranging from emails, text messages, social media posts, self-recorded videos, photos, blogs, websites, downloaded videos, and songs, to art, NFTs, biometric data, financial and medical records, and all of the accounts that hold this information.
According to a new Bryn Mawr Trust 2024 Digital Asset Survey, the average American has hundreds of accounts and values their digital assets at $191,516. However, despite this high reported value of digital assets, only 29% of respondents stated they are very or somewhat knowledgeable about digital assets.
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