[Survey] Have you ever heard of cryptocurrency?

[LeGaulois]

It's a survey conducted by ING Bank and the respondents are from Europe, The U.S.A, and Austalia (15 countries in total ~15,000 respondents)
The results are not bad for the reputation of cryptocurrency. I mean, look, in Europe, 66% have heard of the technology, 25% indicated they expect to own cryptocurrency, 35% in Europe agree Bitcoin is the future of spending online.
To me, cryptocurrency is more mainstream than what we can think and hear. Sure, it's not yet in each house but it isn't bad as of now

[webtricks]

Nice data!!
I think year 2017 has been a great milestone in the journey of cryptocurrencies. After 10 or 15 years from now when we analysis the history of cryptocurrencies, surely 2017 will be the year showing enormous rise in usage, inflow of cash, prices, ICOs and everything.
Along with European countries, Bitcoin and other cryptos are now on the path of becoming household names in Asian and other third-tier countries too. There is a significant rise in number of exchanges and money invested in cryptocurrencies in countries like China, India, Korea, etc.
Here is one of the video showing how Bitcoin is empowering citizens of African countries like Uganda and strengthening World Economy : https://youtu.be/BrRXP1tp6Kw

[Genemind]

I think that is great that majority of people from Europe recognize and are aware of cryptocurrency. Once mass adaptation and awareness about crypto happens there will be more demand, which means the price can even surpass the recent ATH of all the cryptocurrency price.

[Eternu]

Its interesting to see something like this. And to be honest, I have not thought some statistics would be as high.
But still, percentage of those who owns or will own crypto in the future is too low. It would be nice if those numbers rise a bit, don't you think?
Also I am not surprised that most of people would not want  current way of getting payment or paying in general to change. But who knows, maybe that will change in the future.
Crypto-currencies are still new... so I guess that my expectations were a bit too high.

[BitHodler]

Totally not surprised about the low number of people owning any crypto. In most cases people have only invested in crypto with a few hundred bucks, likely just to test and play around.

Imagine what happens when they go big on crypto and start converting a certain part of their savings to Bitcoin as a long term store of value tool. Everyone starts with alts and ends up with Bitcoin in their portfolio.

On the other hand, we shouldn't really pay too much attention to these surveys since they can be answered just for the sake of answering or to mess it up. Fact is that the price is and stays a better measuring tool.

[sunsilk]

Interesting! Crypto's surely are getting more than mainstream and look at those data's, they are sweet!

Percentage of those people that want to own some crypto's in the future is lovely. This is encouraging and looking at the number of who actually owns crypto now.

The market cap is too high and we are that still low in population so what will be expected if these numbers started to get into the market and starts buying their own crypto's like bitcoin.

Imagine what happens when they go big on crypto and start converting a certain part of their savings to Bitcoin as a long term store of value tool. Everyone starts with alts and ends up with Bitcoin in their portfolio.

There will be a boost to the market.

[LeGaulois]

Totally not surprised about the low number of people owning any crypto. In most cases people have only invested in crypto with a few hundred bucks, likely just to test and play around.

Imagine what happens when they go big on crypto and start converting a certain part of their savings to Bitcoin as a long term store of value tool. Everyone starts with alts and ends up with Bitcoin in their portfolio.

On the other hand, we shouldn't really pay too much attention to these surveys since they can be answered just for the sake of answering or to mess it up. Fact is that the price is and stays a better measuring tool.

I would say the number isn't bad, personally, I wasn't looking to see something like 20-25%. About the survey itself, it has been done by IPSOS in the name of ING Bank, this type of agency is pretty strict with their surveys (Very hard to reply bogus replies and it's checked 1 by 1).
I think the result is giving a good overview of the state how cryptocurrency market is seen.

[yslyv]

Yeah the rates are quite good. Much better than i expected really. If they ask it in my country, the results will be probably below 10. There so few people knows cryptocurrencies here.

[00DKM@]

not just about listening to the bitcoin and crypto sounds, but moreover, I've witnessed the tremendous growth of bitcoin and much of altcoin in 2017 in terms of value and influence on the popularity of the plus copper. So, I see bitcoin and crypto as the trend of the future. Early speculation is perfectly beneficial in terms of profitability in the long run.

[harizen]

Im not surprised with the awareness because no doubt it grows especially with hype bring last year 2017. And it will continue to grow as time passes by. Every big price crash or pump are now reported right away by media resulting to much increase awareness of the people.

But still with that kind of awareness, for let's say in general, only few individuals owned crypto. Many still in doubt.

We just have to trust process and soon we can actively see not just awarenewss but big adoption literally.

[PrintMule]

economic, political, I think many factors seem to be effective in this survey. Looking at the countries in the list, it seems that the citizens of the countries that are in very good economic condition are not very interested. but countries that are in a worse and more economical position seem to have shown a little more interest. I guess it's about people's willingness to make money. the more information you have about this topic, the more it can be earned. For this reason, people from many different countries seem to be very interested in this issue.


I guess if I did not need the money, I would not have been able to do a lot of research on how many things I can "earn" on many issues. If for that reason such a question had been asked to me, probably my answer would be "no I have never heard". 

[udonmez]

The results are more than I expected. Each day cryptocurrencies gain popularity. It is really good for the community.

[elysion]

The data is pretty descriptive. Nevertheless, I did not expect the results to be so high. Europe started to understand cryptocurrencies'  value. This awareness will increase every passing day. By the way, it is also quite surprising that a bank made this survey.

[Eternu]

The data is pretty descriptive. Nevertheless, I did not expect the results to be so high. Europe started to understand cryptocurrencies'  value. This awareness will increase every passing day. By the way, it is also quite surprising that a bank made this survey.

You should not be as surprised, because who would do this better than the banks. They want to explore their options on the matter. To see statistics about peoples who are involved or not, and to find best approach for making money out of it. Crypto could change a lot, and banks would suffer a lot if they don't adept.

[nsasuiteb]

The data is really interesting, crypto usage and investment increase in europe but new people scare of the market because of crashing btc all day. New people should not be totally interested in making money.

[AnonBitCoiner]

The data is pretty descriptive. Nevertheless, I did not expect the results to be so high. Europe started to understand cryptocurrencies'  value. This awareness will increase every passing day. By the way, it is also quite surprising that a bank made this survey.

You should not be as surprised, because who would do this better than the banks. They want to explore their options on the matter. To see statistics about peoples who are involved or not, and to find best approach for making money out of it. Crypto could change a lot, and banks would suffer a lot if they don't adept.

Now the cryptocurrency ,works better than a bank.The main purpose of cryptocurrency is to act as a medium to earn more money from your investment.Now the Europe strongly analysis the value of cryptocurrency.Crypto currency had advanced feature,if the bank fails to accept it.It may suffer a lot.

[Hydrogen]

It might not be a coincidence we have news headlines of turkey achieving greater than 12% inflation, with turks scoring highest on current and future crypto ownership rates. The sad reality is, many nations including the united states could currently have inflation rates greater than 10%. The way inflation is calculated in many countries has changed over time, in the way that the unemployment rate no longer reflects true unemployment.

I saw poll research last year which claimed 2% of americans had owned or used a crypto currency of some type. From 2% to 8% is decent growth with 21% planning to purchase crypto in the future, indicating further expansion. The high growth and adoption rate might be correlated with greater demand, which possibly should be driving bitcoin's price upwards. Greater mainstream adoption coupled with lower price could indicate there is severe manipulation occurring which is driving down bitcoin's price, artificially.

High percentage demographics intending to purchase crypto in the future could mean that economic prosperity is correlated with higher bitcoin prices as it would allow end users to better follow through on crypto puchasing plans.

[Tankdestroyer]

Totally not surprised about the low number of people owning any crypto. In most cases people have only invested in crypto with a few hundred bucks, likely just to test and play around.

What really is surprising are people who have not owned crypto yet on the survey wanted to seek advice from special websites which typically are spreading FUD and FOMO over time. At the very least, it is better than seeking advice from a bank/financial advisor who are biased sometimes. Nevertheless, it is not surprising that others who expect to own bitcoin in the future wouldn't want to invest in cryptocurrencies, maybe they are expecting to get some hefty sum on free bitcoin earning sites.

[Lagoons]

Interesting statistic. It's hard not to have heard about it since it was all over the news. The question is how many of those people are going to think about cryptocurrencies say in one year.

[malikusama]

That's a really comprehensive and interesting survey. I am impressed, i would also love to check this type of survey report for all countries other than these, please also share it if you have.
This shows a positive attitude of our public towards this revolutionary technology and future money system.