Community Prefers Bitcoin As Exchange Medium Over Store of Value, Survey Shows
Many in the Bitcoin community have expressed that the most compelling function they want the Bitcoin Foundation to focus its advocacy programs on in the next 12 months is; serving as a medium of exchange. According to the outcomes of a community survey released by the Foundation, 37% of the respondents choose to focus on Bitcoin as a medium of exchange - i.e. used to actually buy things - over its use as a store of value (18%), 10% who do not know and 36% that opted for other uses. Commenting on the survey, the Executive Director of The Bitcoin Foundation, Llew Claasen, told Cointelegraph:....
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ABN AMRO, the leading Dutch bank recently conducted a survey to gauge its customers' interest in using bank-run Bitcoin wallet. Read more... ABN AMRO Bank customers may soon have access to a Bitcoin wallet provided by their banking service provider. The Dutch banking major recently ran a survey on its website, to gauge its customers’ interest in Bitcoin. The survey was part of ABN AMRO Innovation Centre’s initiative to understand whether the Bitcoin community in Netherlands prefers to use a Bitcoin wallet developed by the bank or not. The initiative doesn’t come as a surprise as the bank’s....
**The following article was written by Kristoffer Mousten Hansen and Karras Lambert and published on September 28, 2022. Cryptocurrency as Money — Store of Value or Medium of Exchange? was originally published on mises.org. The opinions expressed in this article are the authors’ own. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the op-ed.**
Cryptocurrency enthusiasts generally have a great appreciation for the Austrian school of economics. This is understandable since Austrian economists have always....
This survey is now also available in Chinese and also in Spanish and in Japanese. It's a common observation: the bitcoin community largely consists of young, white males. But to what degree is this actually true? Just what percentage of those interested in digital currency matches this description? To find out, CoinDesk has launched a new survey to determine who exactly makes up the bitcoin community and the demographics with a general interest in digital currency. The survey only takes a couple of minutes to complete, but will lead to a greater understanding of the community. You can....
CCN reached out to the Bitcoin Community via various sources, including Reddit, BitcoinTalk, and our own contacts, in order to gauge the sentiment of the Bitcoin Community in survey form. Included are our answers. Of the more than 130 people who took our survey, 56.3% believed that Bitcoin should use Bitcoin-XT. 81.6% believe the block size limit should be increased, assuming nobody believes it should be decreased. As far as the amount of influence Bitcoin developers have over the Bitcoin software, many showed signs of uneasiness. More than 50% claim the debate and divisiveness over....
A new survey shows that teens still receive more persuasion from investing in the stock market, yet, the cryptocurrency sector has become more popular than other alternatives such as real estate. Researchers tried to probe the perceptions of teens in North America on cryptocurrency industry, the stock market. They also included other investments types in the era of high-octane GameStop. The research result revealed that the cryptocurrency industry took the lead ahead of other asset classes like real estate. For example, one in four teens prefers cryptocurrency investment if given enough....