Crypto-Confidence Index Survey Results In Europe

Kataryna Kovtun April 29, 2020

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Surveys in European countries showed that people’s confidence in cryptocurrencies continues to grow, despite the crisis associated with the coronavirus.

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Posted on Wednesday, the second yearly Crypto-Confidence Index survey led by the European division of the cryptocurrency exchange, bitFlyer Europe, discovered 66% of respondents accept digital currencies will keep on existing in 10 years.

The overview, directed using Google Surveys, surveyed 10,000 people across 10 European nations to show up at its outcomes.

The 2020 reaction is a 3% expansion on the results of the overview a year prior. It shows developing trust in digital forms of money despite the “devastating impact” the coronavirus has had on the worldwide economy.

As indicated by Worldometer, a COVID-19 following site, there have been more than 3.1 million all out coronavirus cases internationally, with more than 218,000 deaths. The effect on the worldwide economy has been colossal, with forecasts it will bring about a downturn greater than anything since the Great Depression.


Percentage of respondents who believe that cryptocurrencies will exist in 10 years:

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Zooming into the review numbers, Italy — one of the most affected nations from the pandemic in the European Union — was seen as the most hopeful in regards to crypto’s future. Around seventy-five percent accepting they will keep on existing in structure in 10 years.

Following not far behind were the Netherlands and Poland, with 70% of respondents from those countries saying digital currencies will keep on existing in 10 years. Spain was third generally idealistic with 68%.

UK respondents are the least confident. But the greater part (56%) despite everything take a long perspective on the financial tech. The U.K result expanded extensively to about 66% (61%) when narrowing the outcomes to respondents somewhere in the range of 18 and 44.

Andy Bryant, COO at bitFlyer Europe, said:

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A quarter (25%) of Europeans surveyed doubted that in the future they would use digital currency.

Read more news about cryptocurrencies in Europe here…

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