Bitcoin has a ways to go when it comes to being understood by the general public and even by today’s bitcoin users. A recent study by Janne Lindqvist, an assistant professor of electrical and computer engineering and a member of the Rutgers Wireless Information Network Laboratory, revealed that people who have not used bitcoin don’t think they ever can use it.The study also found that bitcoin users are not well informed about how bitcoin works. They overestimate how private transactions are.
Study To Publish In May
The study will be published at the annual Association for Computing Machinery’s Conference on Human Factors in Computing Systems in May, in San Jose, Calif. The conference, known as CHI, is the premier international conference on human-computer interaction. Assisting Lindqvist in the study were graduate students Gradeigh D. Clark and Xianyi Gao.
Lindqvist said the interviews were done a year before bitcoin developer Mike Hearn publicly stated bitcoin has failed, an event that drew major media attention.
The Rutgers researchers interviewed 10 bitcoin users and 10 non-users about their perceptions of the digital currency.
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