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    ESP Blockchain Journal
    Home»Noticias»Study: Europeans are confident in the future of cryptocurrency, but not Bitcoin

    Study: Europeans are confident in the future of cryptocurrency, but not Bitcoin

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    By BlockchainJournal on abril 24, 2019 Noticias
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    Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This writes Cryptonews , citing a study of the stock bitFlyer.

    10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin – only 55% believe that the first cryptocurrency will exist in ten years.

    It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

    Most of the “crypto-optimists” turned out to be in Norway – 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

    True, the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% – a tool for investment or a means of preserving value.

    “The fact that Bitcoin received less support than other cryptocurrencies is partly a result of the continued media attention riveted on its volatility,” said Andy Bryant, chief operating officer of bitFlyer Europe.

    He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.

    Earlier, ten years later, analysts of DataLight were also interested in the fate of Bitcoin. The results of their research have shown that the first cryptocurrency, if it maintains the current pace of technological development, will become the main payment system in the world.

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