More Merchants Should Accept Cryptocurrency, Consumers Tell Survey

More Merchants Should Accept Cryptocurrency, Consumers Tell Survey
ôîòî ïîêàçàíî ñ : bitcoinist.com

2018-7-17 19:00

75 percent of cryptocurrency holders would spend their coins in Point-of-Sale (PoS) transactions if they could, a new study into crypto consumer habits reveals.

‘Real Demand For Greater Adoption’

The study, conducted by UK-based cryptocurrency purchasing website CreditCoin, also showed the desire to spend cryptocurrency in ‘real life’ did not depend on age. 84 percent of the baby boomer generation would also welcome the opportunity.

A total of 80 percent considered their purchases strictly as an investment, being either “did not understand” or were “unaware” of the ability to spend crypto before being told. 

CreditCoin spokesman John McLeod commented in an accompanying press release: 

Although it is mainly viewed as an investment vehicle, there is real demand for greater use and adoption by third parties and a belief that despite many established institutions criticising altcoins, this technology is here to stay.

CreditCoin offers purchasing facilities for Bitcoin, Litecoin and Ethereum using credit or debit cards.

40 Percent Haven’t Bought Because It’s ‘Too Difficult’

Cryptocurrency markets have been the subject of various surveys in recent months, businesses keen to test sentiment as prices continue to slowly deteriorate this year.

Contrary to popular belief, assessments overwhelmingly point to continuing faith among investors both private and corporate.

As Bitcoinist reported last week, consumers in South Africa even expressed regret that they had not bought Bitcoin early enough, despite prices being down around 75 percent against December 2017’s all-time highs.

For prospective US investors, too, interest remains, CreditCoin reporting a principal hurdle was a perception that purchasing cryptocurrency is “difficult” (44 percent). A total of 42 percent said they did not know how to acquire coins.

Fortunately, accessibility is improving with mobile apps like Square Cash and Abra making it easy to buy bitcoin with credit cards.

Focusing on millennials, 40 percent already owned them, however, with men twice as likely to have bought in as women (48 percent and 26 percent, respectively).

64 percent of the younger generation also have “worries” about security, a figure which is in fact higher than their elders, only 55 percent of whom share such concerns.

What do you think about the latest survey results? Let us know in the comments section below!

Images courtesy of Shutterstock

The post More Merchants Should Accept Cryptocurrency, Consumers Tell Survey appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Global Cryptocurrency (GCC) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.00317817 (-100%)

cryptocurrency percent spend real study should accept

cryptocurrency percent → Ðåçóëüòàòîâ: 126


Ôîòî:

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04


Ôîòî:

Thirty-eight Percent of South Africans Wish They’d Invested in Cryptocurrency

38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming. Overall

2018-7-13 04:42


Ôîòî:

‘I Wish I’d Invested In Cryptocurrency,’ Say 38 Percent Of South Africans

38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming.

2018-7-13 01:00


Ôîòî:

Leicco’s Trust Partners with Token Bay to purchase 10% of shares in the German bank

The Litecoin (LTC) Foundation has acquired a 9.9 percent stake in Germany’s WEG Bank AG. TokenPay has now transacted its 9.9 percent equity share of the bank to the Litecoin Foundation in exchange for an agreement that will see the Foundation providing its blockchain, marketing and logistics expertise to the benefit of TokenPay’s cryptocurrency and

2018-7-11 17:06


Ôîòî:

Kick off the second half of 2018 at a rally in Bitcoin -. Com

Last week, bitcoin skidded to its lowest level since November, under $6,000, which traders attributed to CME futures contracts expiring and overall lackluster interest from new buyers. The world’s largest and first cryptocurrency has struggled from that lack of enthusiasm, and prices have dropped 52 percent since January, according to CoinDesk. Still, bitcoin is up

2018-7-3 08:55


Ôîòî:

Bitcoin kicks off moment half of the year with a 12% rally

Last week, bitcoin skidded to its lowest level since November under $6,000, which traders attributed to CME futures contracts expiring and overall lackluster interest from new buyers. The world’s largest and first cryptocurrency has struggled from that lack of enthusiasm, and prices have dropped 52 percent since January, according to CoinDesk. Still, bitcoin is up

2018-7-2 20:05


To Boost Speed of Financial Transactions Blockchain Poised

Seventy-seven percent of Fintech companies expect to adopt blockchain technology as part of an in-house production system or process by 2020. The technology that has powered the world’s cryptocurrency explosion can also speed up many traditional financial transactions and make common processes more efficient and secure. One of the most promising use cases for blockchain

2018-6-30 00:01