A recently conducted survey has produced interesting results regarding how much Russians know about cryptocurrencies. People with lower incomes have been found to have a better idea of digital money than their rich compatriots. At the same time, general awareness of cryptos seems to be falling along with their prices.
Also read: Crypto Markets Moods Change Two Months After New Trends
Number of Crypto-Aware Russians Drops
The majority of Russians do not quite understand what cryptocurrency is and have no intentions to acquire digital assets, according to a new poll released by Romir Holding, one of Russia’s largest market research companies. The survey has been carried out among 1,500 adults, 18 years and up, from across the vast country to determine how important the crypto topic is for Russians these days.
“It became clear that despite the increased attention to the matter, less than half of Russians have any idea about cryptocurrencies – 44 percent. At the same time, a large portion of the respondents – 56 percent – said they did not know what that was,” noted the authors of the study, quoted by RIA Novosti. They found that 31 percent of the respondents had an “approximate idea” of what cryptos are but admitted they didn’t have an accurate and clear understanding of these financial assets.
The results also suggest that the number of crypto-aware Russians is dropping, probably along with the prices of the digital coins this year. 56 percent of the respondents in an earlier poll, published in January by VCIOM, said they knew about Bitcoin. The results for active internet users were even higher – 66 percent: men – 71 percent, residents of Moscow – 74 percent, and young Russians – 75 percent.
