A survey revealed February. fifteen by the German Federal Association for info Technology, Telecommunications and New Media (Bitkom), found that simply over 2 thirds of Germans square measure alert to Bitcoin (BTC).
Awareness of the foremost well-liked cryptocurrency has doubled since 2016, once thirty six % of German voters were at home with Bitcoin, and quadrupled since 2013, Bitkom reports.
According to this year’s survey, four % of the one,009 respondents truly own Bitcoin, nineteen % aforementioned that they need a concept of a way to purchase Bitcoin, and seventy two % declared they'd no interest within the digital currency.
On the economic significance of cryptocurrencies and Blockchain, Bitkom business executive Bernhard Rohleder stated:
"Bitcoin and alternative cryptocurrencies square measure an honest example of however the digital age is ready to vary the money world. this is often not such a lot regarding the individual currency itself because it is regarding the underlying blockchain technology. it'll have a bearing on the full economy.”
As reportable by Bitkom’s survey, the 2 main reasons cited by the seventy two % of Germans UN agency haven't any interest in Bitcoin square measure risks from high value volatility and lack of information of Bitcoin’s sensible use.
On Monday, Feb. 12, the ecu superior Authorities warned customers that cryptocurrencies square measure “highly risky” assets that show “clear signs of a evaluation bubble”.
Awareness of cryptocurrencies is high in European country compared to another countries. in line with a Gregorian calendar month. 13 survey, over fifty six % of Russians have detected of Bitcoin. In August 2017, Charles Xue, a Chinese-American wealthy person capitalist, steered that the overwhelming majority of individuals in China, 70-80 %, haven't detected of Bitcoin.