Study: 37% of survey respondents want their government to certify Bitcoin
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Study: 37% of survey respondents want their government to certify Bitcoin
A recent study estimatedThe Economist37% of respondents want their governments to declare bitcoin or other cryptocurrencies as legal tender for internal transactions.
Central bank digital currencies (CBDC) are also favored as the results showed that 37% would agree if their country’s authorities issued such a financial product.
Follow in El Salvador’s footsteps:
The popular British newspaper, The Economist, surveyed 3,000 people in the following advanced economies (USA, UK, France, South Korea, Australia, Singapore) and developing countries (Brazil, Turkey, Vietnam, South Africa, and the Philippines).
To determine their current position on the cryptocurrency industry.
Nearly 37% of respondents answered that they would support their government if it decided to declare bitcoin or any other digital asset as an official payment method.
Read:Alameda and Cumberland account for approximately 55% of the total USDT supply
While 43% were neutral on this matter, while only 18% said they would not agree to such a move.
The results were similar when talking about the CBDC launch.
37% think the authorities should release this product, while around 19% think this would be a mistake.
The survey touched on non-fungible tokens as well.
More than 60% of respondents are considering buying, owning or selling an NFT, while only 7% oppose this idea.
Respondents were mostly optimistic about Decentralized Finance (DeFi) with 34% revealing the intent to use such applications for personal or professional financial transactions.
In contrast, 17% stated that they had no plans to interact with it.
It can be said that the Corona pandemic has changed trends in the payment network and many individuals have switched from cash settlements to digital settlements.
18% of survey respondents expect their country to become cashless in the next year or two, while 13% admit to using cryptocurrencies as a form of settlement.
John Mitchell, CEO and co-founder of Episode Six, has predicted that the future payment network will include new tools, hinting that digital assets may play this role.
Read:Brazilian Senate passes bill to regulate cryptocurrency transactions
25% of Americans want Bitcoin as the official currency:
Soon after El Salvador adopted Bitcoin as an official currency, many other countries were rumored to be looking at adopting the same move.
Read:What did Jack Dorsey, founder of Twitter, say about Bitcoin?
Research by YouGov shows that nearly 30% of the US population would be happy to see Bitcoin enjoying the same status in their countries.
Interestingly, Americans living in the West were more supportive of such a potential law, while those living in the Midwest opposed it more.
The majority of females and those over 55 were the most vocal critics, while men and participants aged 25-34 were mostly in favor of seeing bitcoin as an official means of payment.
Read also:
Long-Term Correlation Between Bitcoin and Wall Street Dimmed…Details Here
After the lackluster first half of 2022 on Cardano… will Cardano’s much-anticipated promotion contribute to the project’s return to brilliance?
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time