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A joint research conducted by ConsenSys and YouGov estimated that 92% of participants were aware of cryptocurrencies. 37% see the asset class as the money of the future, while 26% do the opposite, seeing it as a scam.
Residents of the United States and the United Kingdom are more likely to associate digital currencies with fraudulent schemes.
Sentiment towards crypto and NFT
The survey, which spanned the Americas, Asia, Europe and Africa and questioned more than 15,000 individuals, Has shown Most respondents are aware of cryptocurrencies, with many seeing a bright future for the industry.
Nearly 40% of participants believe the asset class could emerge as the future of money, while 31% see it as the future of digital ownership. Every fourth looks down on the sector and compares it to a scam.
Nigerians (65%) and Argentines (56%) are most motivated to hold digital assets as a means of storing value. This can be explained by the volatility of their financial system and local currencies.
Nigerians are also the most inclined to associate crypto with the future of money. South African and Mexican are in second and third place respectively. On the other hand, only 15% of Britons and 17% of Germans agree with that thesis.
The survey discussed the environmental impact technology is having on the planet. 57% of Brazilians believe it is not harmful, while only 25% of French respondents think so.
Subsequently, the analysis revealed that Nigeria, South Africa, and Vietnam were the countries most familiar with non-fungible tokens (NFTs). 76% of Britons who know about digital collectibles have never owned one, compared to 24% of Vietnamese.
“The results show that people around the world are inspired to create and believe they are making a valuable contribution online. This development indicates a shift in user behavior towards the active participation, empowerment and broad community ownership that characterize Web3,” ConsenSys and YouGov concluded.
A closer look at Nigeria and Argentina
Economic unrest, especially the depreciation of their official currencies, could be a major pro-crypto factor for Nigerians and Argentines.
As crypto potato informed of Last summer, some residents of the African country began looking for alternative investments such as bitcoin and stablecoins amid the severe fall of the naira.
On its part, Argentina has opened its arms to the asset class due to the country’s political chaos and financial turmoil. USDT price measured in Argentine peso increased On several exchanges in 2022 when Martin Guzmán resigned as Minister of Economy.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
A joint research conducted by ConsenSys and YouGov estimated that 92% of participants were aware of cryptocurrencies. 37% see the asset class as the money of the future, while 26% do the opposite, seeing it as a scam.
Residents of the United States and the United Kingdom are more likely to associate digital currencies with fraudulent schemes.
Sentiment towards crypto and NFT
The survey, which spanned the Americas, Asia, Europe and Africa and questioned more than 15,000 individuals, Has shown Most respondents are aware of cryptocurrencies, with many seeing a bright future for the industry.
Nearly 40% of participants believe the asset class could emerge as the future of money, while 31% see it as the future of digital ownership. Every fourth looks down on the sector and compares it to a scam.
Nigerians (65%) and Argentines (56%) are most motivated to hold digital assets as a means of storing value. This can be explained by the volatility of their financial system and local currencies.
Nigerians are also the most inclined to associate crypto with the future of money. South African and Mexican are in second and third place respectively. On the other hand, only 15% of Britons and 17% of Germans agree with that thesis.
The survey discussed the environmental impact technology is having on the planet. 57% of Brazilians believe it is not harmful, while only 25% of French respondents think so.
Subsequently, the analysis revealed that Nigeria, South Africa, and Vietnam were the countries most familiar with non-fungible tokens (NFTs). 76% of Britons who know about digital collectibles have never owned one, compared to 24% of Vietnamese.
“The results show that people around the world are inspired to create and believe they are making a valuable contribution online. This development indicates a shift in user behavior towards the active participation, empowerment and broad community ownership that characterize Web3,” ConsenSys and YouGov concluded.
A closer look at Nigeria and Argentina
Economic unrest, especially the depreciation of their official currencies, could be a major pro-crypto factor for Nigerians and Argentines.
As crypto potato informed of Last summer, some residents of the African country began looking for alternative investments such as bitcoin and stablecoins amid the severe fall of the naira.
On its part, Argentina has opened its arms to the asset class due to the country’s political chaos and financial turmoil. USDT price measured in Argentine peso increased On several exchanges in 2022 when Martin Guzmán resigned as Minister of Economy.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
