Austrians Are Most Skeptical of Bitcoin and Cryptocurrency



An internet survey by banking big ING finds that Austrians are essentially the most skeptical of Bitcoin (BTC) and cryptocurrencies generally. The ballot, together with respondents from 15 nations, reveals that Bitcoin-positivity can be weakening in different nations, in keeping with Der Commonplace, Aug. 14.The worst and getting worseAustrians are typically conservative on investments, however on cryptocurrency they’re very skeptical, with solely 13% seeing digital currencies in a constructive gentle.Attitudes in direction of cryptocurrency worsened since final 12 months’s survey. This 12 months 17% of Austrians suppose that cryptocurrency is the way forward for digital funds, in comparison with 20% final 12 months. And now solely 14% imagine it’s a vital type of funding in distinction to 17% final 12 months.Simply 5% of Austrians would contemplate having their salaries paid in Bitcoin.Based on the survey, Austrians know greater than most nations about cryptocurrencies, however favor to keep away from threat and volatility as a lot as potential.Bucking the trendOf the 13 European nations (plus Australia and the USA) who have been questioned, the bulk noticed a downturn in crypto-positivity in comparison with final 12 months. The exceptions have been Turkey, Poland and Romania.Poland and Romania noticed 43% and 44% of respondents with a constructive opinion of cryptocurrencies. Whereas in Turkey, 62% have been crypto constructive and 36% can be comfortable to be paid in Bitcoin.Austrians do nevertheless see the worth in blockchain as a expertise. Vitality buying and selling agency, Graz, is planning to make use of a DLT-based platform within the transfer in direction of zero-carbon power distribution.

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