10,000 respondents across 10 European countries participated in the poll
The future of crypto: poll shows consumers confidence in digital assets. Source: shutterstock.com
bitFlyer conducted a survey revealing that 66% of the respondents think cryptocurrencies will still exist by 2030. That’s the rise of 3% compared to March 2019, highlighting that confidence in cryptocurrencies keeps on growing, despite the coronacrisis.
According to information, Italy is the most confident with 72% believing in the longevity of crypto, whereas the UK is the least confident with 56%.
In addition to that, 12% of Italians believe that cryptocurrencies will be used as a mainstream currency. Meanwhile, only 5% of UK respondents believe in the potential of cryptocurrencies as mainstream currencies.
The survey also found that 9% of Europeans expect bitcoin to be fully ingrained into society as a form of currency in 10 years.
Nevertheless, 25% of people surveyed revealed they had no idea how crypto would be used in the future.
We’ve reported that Coinbase introduced Bitcoin batching feature that significantly decreases the load the platform puts on the Bitcoin blockchain.
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