Bitcoin Forum

Hi, I am JB, a business student at the University of Leeds. I am doing my dissertation on measuring consumer awareness of crypto and vulnerability to crypto scams. The link below is a survey for the completely anonymous study, I would very much appreciate all responses and it should only take 5-10 minutes to complete.

Link: https://leedsubs.eu.qualtrics.com/jfe/form/SV_780k8ezu2kt47Ua

Feel free to ignore any questions you are uncomfortable with and if there are any issues, please contact me and I'll send you my email, thanks!

Hi JB, welcome to the forum! I just finished answering your survey, good luck with your dissertation.  ;)

I also just answered the survey questions, best of luck with your research.

One note I'll add, due to the general theme of the survey being on crypto and not Bitcoin alone, you can consider moving this to the altcoin section. You may get more responses there.
And another note, the spelling of Ethereum is not correct on one of the questions.

- Jay -

There are many misconceptions about cryptocurrencies out there this is why, I am happy whenever I see scholarly research targeted at investigating the sector. Most of these fallacies come from individuals and organizations who have not done any research but come up with biased conclusions because they want to give the sector a bad name. I hope that your research will pass the validity and reliability test. Hoping also that your findings will give you good grades and contribute positively to the industry. I am one of your respondents, wishing you all the best erudite scholar.

I'm taking your survey, but I wanted to point out to you that one of your survey questions has a VERY big bias.

Specifically Question #8 asks:
"Cryptocurrencies first coin was ____"

And provides the following choices:

• Bitcoin
• Ethereum
• Dogecoin

This question fails to recognize the existence of many earlier cryptocurrencies such as:

• eCash (David Chaum, 1983)
• eGold (Dr. Douglas Jackson & Barry Downey, 1996)
• Hashcash (Adam Back, 1997)
• BitGold (Nick Szabo, 1998)
• B-Money (Wei Dai, 1998)

Note also that your question is phrased as if the word "Cryptocurrencies" is a possessive noun describing ownership of the "first coin", but uses the plural form of the noun. As such, it isn't clear exactly what you're trying to ask there. It's a bit like having the phrase "Mice first mouse was ___"???

Additionally, that same question asks for the year that "Cryptocurrencies first coin" was "introduced in".  While Satoshi released, in a particular year, his Whitepaper describing a concept very similar to what would eventually become Bitcoin the "first coin" didn't exist until a later year when the software was finally available. That "first coin" had significant differences in functionality compared to the earlier Whitepaper.

Furthermore, I see an issue with Question #9

In this question you ask for a definition of "mining", but none of your provided answers are technically 100% accurate for Bitcoin. I chose the one that I felt comes closest to being accurate, but "mining" has different meanings for each cryptocurrency so without identifying a specific cryptocurrency, none of the options provided can be completely accurate.

Question #10 also seems to have some bias included in the way it is phrased. In addition to the explicit bias in the question, you provide answers that can be sometimes true and sometimes false depending on the situation and then ask for which are "true".  Always true? Mostly true? Usually true? Occassionally true? Can ever be true? Which is it?

Both Question #11 and Question #12 ask about THE crypto regulations, as if there is a specific set of regulations you are asking about, but you never explain which regulations those are?

Question #14 asks about an amount "invested" in cryptocurrency, but the values provided are all in £. Many (maybe even most?) of the users on this form do not use British Pounds as their local currency. Are you expecting every respondent to know the conversion rate between their currency and yours? Are you expecting them to all go search the internet and look up that conversion rate?

Is it even an "investment" if I just hold some cryptocurrency so that I have it available to spend on things I want to buy?

Are you asking about the initial amount spent to acquire the cryptocurrency in the first place, or are you asking about the current value of that cryptocurrency?  Please explain to me how much has been "invested in the following situation:

• Someone spent £400 to acquire some cryptocurrency
• After some time they exchanged that cryptocurrency for £900
• After some more time they spent £500 on cryptocurrency
• The current value of their cryptocurrency is £9,000

Did they invest:

• Their initial acquisition £400?
• The sum of their 2 acquisitions (£400 + £500) £900?
• Their initial acquisition minus their realized profit (£400 - £400) £0?
• Their most recent acquisition £500?
• The current value of their current holdings £9,000

Did you even have an advisor review these questions before you made your survey public? If so, did that advisor know anything about Bitcoin, Cryptocurrencies, or how to create an unbiased survey?

Assuming you are working with an advisor on this, please speak with your advisor about whether the confusing word choices and lack of accurate response options will have any impact on the validity of these questions in your dissertation.

Your topic is really relevant and would definitely of big help in the cryptocurrency space. It will definitely also benefit the technology sector as well as those in finance although it is leaning more towards tech related.

It can also be used to study human nature and how our mind works. Really good job and your questions made me think and ponder a lot. Good luck on your dissertation hope it comes out well.

This is really informative , though I heard that bitcoin is not the first cryptocurrency but Never know that there are lots of them before bitcoin ever created , for this thank you so much mate this will stay in my memory from now.

and added that all you pointed in this whole post really amazed me from point to point , thank you again and hope OP will find this helpful to what he is digging here.

______________________________________________

OP , Have had answered your survey now and good luck to your project/Dissertation .

hello mate , just finished answering your questionaire and hope it helps your dissertation , you have lots of questions
but everything seems to be beneficial if addressed completely in the future because we will need these technology
for us and the generation following us all keep it up guys .

I have only heard about horror crypto scam stories that I cannot vouch for myself that it did really happen. Hope your survey goes well!