Block: Trust in BTC Depends on Level of Knowledge About Crypto
Main page Opinion, Cryptocurrency
Hot topic
2 June

According to researchers at payments company Block (formerly Square), there is a direct correlation between the likelihood of a purchase and the level of awareness of digital assets.

The company has conducted a survey among 9,500 participants from North America, Europe and the Middle East, as well as countries in the Asia-Pacific region.

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According to the survey results, 41% consider their knowledge of cryptocurrencies to be sufficient and say they are very likely to buy bitcoins in the next 12 months.

Notably, only 7.9% of participants said they had insufficient knowledge about cryptocurrencies.

According to respondents, the countries most interested in cryptocurrencies are Nigeria, India, Vietnam and Argentina.

Respondents who claim to be unprepared to buy Bitcoin have said this is due to the lack of the necessary education (51%), fears of possible theft (32%) and high volatility (30%).

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