Crypto Achieves Global Mass Awareness: Survey Finds

• A survey commissioned by blockchain software firm Consensys reveals that crypto has achieved global mass awareness.
• Over 90% of the respondents say they have basic knowledge of crypto and believe it is potentially the “future of money”.
• The majority of the respondents express a desire for more ownership of products they create on the Internet and data privacy.

Overview

A survey commissioned by blockchain software firm Consensys reveals that crypto has achieved global mass awareness with over 90% of 15,158 people aged between 18 to 65 years living in 15 different countries saying they have basic knowledge of crypto. Respondents also expressed beliefs in cryptocurrency’s potential as the future of money and digital ownership, surpassing associations with speculation or scams.

Crypto Awareness Around The World

Citizens from Argentina, Brazil, France, Germany, India, Indonesia, Japan, Mexico, Nigeria, South Africa, South Korea, the Philippines, the United Kingdom, the United States and Vietnam were polled for this survey. Among these countries it was found that Nigerians were most likely to see cryptocurrency as being associated with being “the future of money” (58%), followed by South Africans (50%) and Mexicans (44%). Brits and Germans had much lower numbers at 15% and 17%, respectively.

Desire For Ownership Of Products Created Online

Over half of those surveyed said that they believed they added value to the internet while two-thirds stated their belief in owning things made on the internet as well as having a share in profits or data made from them. Despite this sentiment only 38% felt adequately compensated for their contributions online.

Data Privacy Importance

The results showed that data privacy is a priority for many with 83% saying it was important to them while 79% wanted more control over their identity online.

Conclusion

This study shows that cryptocurrencies have gained significant acceptance around world with citizens expressing interest in its potential as a form of money or digital ownership along with wanting more control over their identity online when it comes to data privacy issues.