How do Europeans see cryptocurrencies?

How do Europeans see cryptocurrencies?

Headquartered in Tokyo, bitFlyer is approved to operate in the European Union in 2018. According to reports, the company surveyed 10,000 respondents in Europe to understand their views on cryptocurrencies such as bitcoin.

The exchange surveyed the following ten countries: the United Kingdom, Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Poland and Spain.

When asked about cryptocurrencies in the general sense, most Europeans claim that they believe cryptocurrencies will still exist in 10 years, and more than 50% of respondents in each country predict that cryptocurrencies will exist in some form.

Specifically, Norwegian respondents are most optimistic about the future of cryptocurrency, and 73% believe that cryptocurrencies will continue to exist. On the other hand, French respondents are the most pessimistic about the future, and only 55% said they believe that cryptocurrency will exist for a long time. (The following is the survey chart)

It seems that there are not as many Europeans who have confidence in Bitcoin, the largest cryptocurrency currently available. Only an average of 49% of respondents believe that Bitcoin will continue to exist after 10 years. The survey showed that French respondents were least optimistic about Bitcoin, with only 40% of respondents saying that Bitcoin would still exist, while Italian and Polish respondents were most confident about Bitcoin, 55% and 53% respectively. Respondents expressed support for Bitcoin.

More specifically, there are very few – only 7% of Europeans believe that Bitcoin will remain an investment and securities instrument for 10 years. (The following is a specific chart)

Andy Bryant, chief operating officer of bitFlyer Europe, said the survey showed that the reputation of cryptocurrency has gotten rid of hype and become more grounded. He concluded that industry subversives should promote the special benefits of cryptocurrency. And use cases so that people can understand how this technology will be used in society.

Reuters reported that France is currently trying to persuade other EU member states to adopt cryptographic currency regulations similar to those in France.

On April 15, the UK's largest travel management company Corporate Traveller announced that it began accepting bitcoin payments. (Nuclear Finance)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

BTC is blocked from retracing, short-term into break time

Author | Hash sent analysis team Bitcoin Futures Reach All-Time High as Bullish Momentum GrowsBrace Yourself: Bitcoin...

Blockchain

Bitcoin investment from an asset allocation perspective: is Bitcoin speculative or a safe-haven asset?

Source: PayPal Editor's Note: The original title was "Viewing Bitcoin Investment from an Asset Allocation P...

Market

BTC price dip down! A breakthrough of $6,500 would be a good opportunity to enter?

According to the Bibox platform data, the Ethereum (ETH) price is $278.68 in 24 hours and the lowest is $235.08. As o...

Market

Crypto Market Report: Challenging times for the Rebels of Digital Assets

In their latest market report for the third quarter of 2023, Binance has revealed that the overall conditions have be...

Policy

SEC Appeals or Naps? Imagining the Ripple Effect if they Skip the Grayscale Bitcoin ETF Appeal

Fashionista, mark your calendars for Oct. 13! This is the day when the SEC must either approve Grayscale Investments'...

Blockchain

Xiaoyan follow-up: CZ, Nathan Kaiser, ten "big coffee" in the same box, market, trading, technology, all the nets

The Asian Block Summit was held in Taipei on July 2nd and 3rd. The summit focused on “blockchain business ...