We all know how cryptocurrencies are becoming more and more popular and adopted these days, mainly because of its increasing of price, so people are using it for gaining some profit. Bitcoin is fist successful cryptocurrency ever made, released in 2009 by the Satoshi Nakamoto with the main idea to became regular payment method and alternative to traditional currencies, but you probably know all of this above mentioned. Here are some data that are showing us adoption rate of the most popular cryptocurrency and knowledge that people have about it. According to a joint Global Blockchain Business Council and SurveyMonkey poll of almost 6000 adults conducted this month, about 60% of Americans have heard or read about the leading cryptocurrency at the market but only 5% of them, own the digital currency. Demographic statistic of Bitcoin investors are giving data that almost 71% of Bitcoin investors are male. 58% have between 18 and 34 years and half of them are minorities.
When the people in the poll were asked why they are own digital currency, here is what they answered. The main reason why they bought bitcoin is the combination of a lack of trust and an opportunity to gain some profit. 33% of Bitcoin owners answered that they only want to avoid government regulation and remember that this is the main idea of BItcoin. Incredible data said that 24% said that they trust Bitcoin more than American government. 20% saw it as a hedge against crashes in traditional assets. Still, more than 60% said that buying cryptocurrencies was only because they expecting to gain some profit, waiting for the price to go up and then sell the cryptocurrency.