People hear and know more about cryptocurrencies with every passing day, and according to a new survey, interest in Bitcoin is expected to increase twofold in Europe. The poll gauges the awareness of cryptocurrencies and the expectations for their future. The research covers over a dozen European nations, but also the United States and Australia, presenting some unexpected findings.
Also read: Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies
Lower Income Countries Know More About Bitcoin
The survey, carried out by Ipsos for the Dutch banking giant ING, reveals how cryptocurrencies such as Bitcoin are perceived in 2018. It does so by interviewing almost 15,000 respondents in 15 European countries, the United States and Australia. The authors aimed to better understand how people around the world spend, save, invest and feel about digital money. They also sought answers to the question, will cryptocurrency become more mainstream?
The poll conducted online between March 26 and April 6 reveals high awareness of cryptocurrencies among residents of the Old Continent. Two thirds of Europeans (66%) have heard of cryptos, with higher numbers among males (77%). Several lower income countries like Turkey (70%), Romania (75%) and Poland (77%) have a higher share of people who have heard of cryptocurrency than the European average – 66%. More Australians (70%) than Americans (57%) are aware of Bitcoin.
A surprising discovery was that younger people, in the brackets 25-34 and 35-44 years, are not necessarily much more knowledgeable than other age groups. For example, 60% of European respondents aged 65 or older shared they had heard of cryptocurrency. Tech-savvy Europeans, typically those using their mobile devices for online banking, are more likely to have heard of cryptocurrencies (69%)
