Survey: 60% of UK Business Owners See Bitcoin “failing” as Popular Payment Method
A UK survey spanning business owner-managers and entrepreneurs in the region revealed a few takeaways of their outlook on bitcoin. A majority of the respondents to the Smith & William Enterprise Index survey that polls entrepreneurs and owner-managers in the UK said bitcoin will fail to become a widely accepted payment method, reports UK publication City AM. The quarterly survey polls business-owners to gauge their views on industry affairs. 61% of respondents to the poll also said they did not see the cryptocurrency having a “big impact” on the predominant payment methods or major....
Related News
Over 60% of responding crypto owners said that they were interested in using crypto as a payment method to make online purchases more private or secure. Payments in cryptocurrencies like Bitcoin (BTC) make up one of the biggest use case demands among consumers alongside long-term investment, according to new data.Pymnts, a major payments-focused publication, released Monday a report on consumer preferences regarding cryptocurrency payments. Dubbed “Cryptocurrency Payments Playbook: Cryptocurrencies Gain Momentum As A Payment Option,” the study analyzes a survey of over 8,000 consumers in....
A recent survey shows that the British business owners believe that Bitcoin has not made any significant changes to the monetary system or economy so far. While the hopes are strong among the Bitcoin community about the emergence of bitcoin as a mainstream payment instrument in the coming days, the English merchants have a different take on it. According to a survey conducted by the Smith and Williamson, businesses in and around the United Kingdom have found bitcoin and other digital currencies to be too insignificant to drive any large scale changes in the past 5 years. The views....
According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey Polls 1,000 US Crypto Owners, Respondents Invest $7,245 on Average Since the inception of Bitcoin in 2009, a number of people have lost coins along the way and this has spread to the myriad of crypto assets in existence today. Just recently, researchers at cryptovantage.com published a study that....
In a recent PayPal survey regarding online shopping and payment methods, PayPal asked Reddit user SwiftBoatVet whether or not they used Bitcoin as a method of payment for goods and services. That's when Vet startedtaking screenshots of the questions that PayPal began asking once they said yes. CCN. In a post on Reddit, Vet stated, "Halfway through, the questions changed to Bitcoin specific. There were about four to five pages comparing PayPal and Bitcoin." The questions, documented throughout this article, were asking Vet to rate PayPal against Bitcoin on a scale from one to ten; one being....
Making Bitcoin payments more accessible to consumers all over the world will help put digital currency on the radar as a formidable financial solution. Now, Plutus is bringing more convenience to the Bitcoin ecosystem by letting users pay with digital currency wherever contactless (NFC) payments are accepted similar to how popular mobile payment apps....