How low is the proportion of people investing in Bitcoin in Russia? Only 2%

How low is the proportion of people investing in Bitcoin in Russia? Only 2%

According to a recent survey released by the Russian Public Opinion Research Center (VTsIOM) on April 9, only 2% of Russians currently invest in Bitcoin (BTC).

VTsIOM is Russia's oldest polling agency after the collapse of the Soviet Union. The agency revealed that Bitcoin is not popular in Russia. Two-thirds of Russians consider this cryptocurrency to be a very bad investment option.

However, in this report, the research center did not provide a time frame for the survey, nor did it provide the total number of people involved in the survey (the details of the survey process were rather vague).

According to the survey, 56% of Russians claim that they know Bitcoin, and 18% say they have only heard of Bitcoin. However, only 12% of people who know Bitcoin say that Bitcoin is banned in Russia.

Although the Russian parliament passed a cryptocurrency bill in May 2018. But Russia has not implemented a formal cryptocurrency bill so far. However, by the end of 2018, the bill passed before was returned to the first review stage. There are also reports that the bill lacks a concept for cryptocurrency mining. In late February of this year, Russian President Vladimir Putin requested that the encryption regulations be enacted by July 1, 2019.

In November 2018, the Russian version of Forbes reported that 5% of Moscow residents using non-cash payment methods are preparing to start using cryptocurrency payments.

Earlier, Bank of America (Wells Fargo) announced a poll that claimed that only 2% of US investors hold bitcoin, while 26% said they are interested. According to opinion polls, 96% of investors said they had heard of bitcoin, but only 29% said they knew about digital currency.

Recently, Cointelegraph reported that a survey by the Bank of England showed that the vast majority of respondents indicated that they are more willing to receive digital currency as a gift.

Author: Kiran
Remarks: Bitcoin86 manuscript article, please indicate the source. The article is an independent view of the author and does not represent the standing position.

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

Going back to the Wandao mark again, but the market is still not optimistic.

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

Blockchain

Bloomberg: $10,000 is a strong resistance to Bitcoin

According to Bloomberg News, the highest value cryptocurrency bitcoin has weakened after the surge last Friday, and $...

Blockchain

Mainstream adoption is becoming clearer, NYDIG Bitcoin futures fund approved to sell shares to institutional investors

According to Cointelegraph reported on December 7, the Bitcoin Strategy Fund of New York Digital Investment Group Co....

Blockchain

The RMB “breaks seven”, the Litecoin halved, and Bitcoin has crossed $15,000 this week?

On August 5th, Beijing time, the US dollar against the RMB exchange rate “breaking seven”, the market r...

Market

Bitcoin regained the $7,000 mark, hitting an eight-month high

After more than a year of bleak bear market, Bitcoin ushered in a reversal this year. Since February, Bitcoin has ush...

Blockchain

Investment management company VanEck: Bitcoin is a great tool for diversifying your portfolio

Investment management company VanEck recently concluded in a blog post that Bitcoin is an excellent tool for diversif...