93 Percent of UK Citizens Have Heard of Bitcoin, Survey Says


Despite being in a fairly nascent stage in its development, nine out of ten people in the UK have apparently heard of Bitcoin. More interestingly, though, over 20 percent of them said they actually understand it, according to a new local survey.


9 out of 10 Know of Bitcoin in the UK

A recent survey carried out by pollsters YouGov has found out that 93 percent of UK citizens are aware of Bitcoin and know what it is, Forbes reports.

More interestingly, though, 2 out of 10 people have said that they understand the technology behind it “fairly” well, which is surprising, given its overall complexity and nascent state of development.

However, Bitcoin’s usage for payments on the internet, let alone in conventional brick-and-mortar stores, is undoubtedly low and 43 percent of the interviewed said they expect this to remain unchanged.

It’s worth noting, though, that another survey carried out in the U.S., determined that 1 out of 4 affluent millennials are either holding or using…



Read Full Story : Live Bitcoin News

2018-11-09 18:00:32

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