Survey: Consumers Say Bitcoin More Inconvenient Than Checks
A new survey has found that consumers believe bitcoin to be more inconvenient than traditional payment methods such as credit cards and checks. Conducted by prepaid and gift card product provider Blackhawk Network in April, the poll canvassed 1,000 US consumers, questioning them about their sentiment toward both traditional and emerging payment methods. In total, 18% of respondents reported using alternative payment methods such as Apple Pay, Samsung Pay and bitcoin within the last year. Sixty-eight percent of these consumers indicated they used the products more than they did in 2014.....
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According to a new research conducted by a leading payments company Blackhawk Network Holdings, Inc. (NASDAQ: HAWK), consumers find paying with Bitcoin and checks as the most inconvenient. The research titled "How America Pays in 2015: Traditional, Digital and Mobile Convergence in Payments," surveyed more than 1,000 Americans in April 2015 to find out their payments preferences in times of relatively new methods such as Bitcoin and Apple Pay, and traditional methods such as Checks, Debit Cards and Cash. Teri Llach, Chief Marketing Officer at Blackhawk Network, said. "Consumers still have....
On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less than $150k per year and estimates suspect 10% of the $380 billion in direct stimulus checks will go toward bitcoin and stocks. Mizuho Securities Survey Estimates $24 Billion from Stimulus Checks May be Used to Buy Bitcoin Japanese investment banking and securities firm, Mizuho Securities, recently....
Young Americans are choosing crypto over mutual assets and ETFs to invest their stimulus checks. A new survey has found that more than one in ten American citizens aged between 18 to 34 have invested part of their Covid-19 stimulus checks into crypto assets.Conducted by CNBC and research firm Momentive, the survey queried 5,530 adults and found that 11% of survey participants had purchased cryptocurrency with their stimulus money. Roughly half of the respondents were found to have funneled their stimulus money into investments broadly — with 15% seeking exposure to stocks, 9% investing in....
Following the recently published survey by Mizuho Securities that estimates roughly $24 billion from the $380 billion in direct stimulus checks will go toward bitcoin, a Harris Poll was released that estimates around 1 in 10 Americans have used stimulus checks to invest in cryptocurrencies like bitcoin and ethereum. Recently Published Harris Poll Says 7% of the Americans Surveyed Intend to Spend Stimulus on Bitcoin and Ethereum Three days ago, Bitcoin.com reported on a poll that was published by the Japanese banking firm Mizuho Securities. The study polled 235 individuals who make less....
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have reached the highest level since 2013. New York Fed’s Survey of Consumer Expectations Report Shows Dismal Findings While the 2,702-page, trillion-dollar infrastructure proposal is being debated, the U.S. central bank’s latest charts show Americans are very concerned about inflation. On....