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Writer's pictureMichael Bacina

ING Crypto Survey

Updated: May 2

ING has released an international survey "From cash to crypto: the money revolution".  They asked people what they knew about cryptocurrencies and what the future might hold. 


Highlights:

  1. Misunderstanding and misconception remains rife (with 52% of people not understanding there is no central body to control Ethereum or Bitcoin);

  2. 51% did believe "most stores" accepted cryptocurrency in the EU (sadly nowhere near true);

  3. Turkey had a 62% positive attitude towards cryptocurrencies with Australia trailing at 18% (on par with Germany but behind the UK, Czech, France, Italy, Spain)

  4. Mixed feelings on whether cryptocurrencies will expand in use or are the future, split 30/30/30 on most questions.

  5. 40% of those surveyed opposed banks offering accounts denominated in cryptocurrencies.

  6. A huge majority said they wouldn't send money to people using social media (not the best news for Libra)

David Breen Will Fennell Andrea Beatty Alex Saunders Dominic Powell Heath Behncke Rob Morris Adriana Belotti Nicholas Giurietto Louisa Xu 王莎莎 Tom Skevington

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