Tag Archives: Survey

Despite having the goal of being widespread and utilized by many people throughout the globe, bitcoin, it turns out, is still experiencing very concentrated ownership according to a new survey conducted by the National Bureau of Economic Research. Bitcoin Isn’t Falling Into Too Many Hands Bitcoin was built as a means of giving financial freedom and power back to the common people. Right now, the world’s financial systems are largely governed by centralized banks that...

A recent survey revealed that the majority of the UK residents would not support their government if it imposed a crackdown on bitcoin due to environmental reasons. Somewhat expectedly, the elderly were bigger proponents of the move. Not The Best Idea The first ten months of 2021 have been another turbulent period for bitcoin. The primary cryptocurrency hit an all-time high price of nearly $65,000 in April but then plunged in the next several months to as low as $29K in July....

The cryptocurrency trading platform – Bakkt – polled more than 2,000 American citizens to explore why crypto investors entered the digital asset industry and what are the biggest obstacles in front of them. It also revealed which age groups feel the most confident in regards to such investments. Crypto Is Not a Bite for The Elderly Somewhat expectedly, young participants, more specifically those under 29 years old, were the ones who have invested the most in bitcoin and the...

According to a recent poll, most cryptocurrency investors from Kenya, Nigeria, and South Africa have entered the digital asset market with long-term goals such as securing their families’ wellbeing. Crypto to Fund Children’s Education The London-based company – Luno – conducted a survey with nearly 7,000 participants from Nigeria, Kenya, South Africa, the UK, Australia, Indonesia, and Malaysia to determine the reasons that drove them into getting involved with digital...

According to a recent research, 38% of Spaniards between 25 and 40 years old plan to enter the cryptocurrency market in the coming months. Moreover, 21% of the participants have already invested in bitcoin or some altcoins. Are Spaniards Flocking into Crypto? The Spanish neobank Rebellion conducted a survey to determine whether young Spaniards were thinking of jumping on the cryptocurrency bandwagon in the near future. Per the results, more than one-third of the participants...

According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed. Texas and Wisconsin Rank First The London-based polling firm Redfield & Wilton Strategies conducted a survey among over 9,700 eligible voters in 10 swing US states to determine their...

According to a recent research, 17% of Aussies have some cryptocurrency holdings. Bitcoin is still the most popular digital asset while Ethereum and Dogecoin ranked respectively second and third. What is The Crypto Trend in Australia? Finder’s Consumer Sentiment Tracker – a nationally representative survey of 1,000 Australians conducted by Qualtrics – revealed that one in six locals had entered the digital asset market. Most hodlers answered they purchased cryptocurrency...

According to a recent survey, around three-quarters of Russian investors consider cryptocurrencies a better investment tool than gold. Less than 9% opined that the precious metal is superior, while 14% believe “familiar national currencies” are the best choice. Russians Prefer Crypto Than Gold The residents of the largest country by landmass seem to have a high opinion on digital assets. A recent research conducted by Russia’s Association of Forex Dealers (AFD) revealed that...

According to recent research, around 60% of Europeans prefer their own countries to regulate digital assets rather than the European Union. Interestingly, a growing number of people believe the creation of national digital currencies would grant their nations some financial independence from the EU. Crypto Regulations Coming from The EU Is Not Preferable A survey conducted among 31,000 participants from 12 different countries – all part of the European Union – revealed that...

A new survey suggests that many of the young people that garnered stimulus money from the government during the COVID-19 pandemic spent their funds on stocks and cryptocurrency. Survey Says, “Young People Enjoy Crypto!” This is to be expected in many ways considering the extraordinary level of distrust that many millennials and members of younger generations have towards standard banks and financial institutions. Many of these individuals grew up during the time of the...