Ninjastic
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Re: S. Africa, Malaysia, Indonesia Outpace Europe in Crypto Awareness and Ownership
by
Sengoko
on 10/11/2018, 06:43:32 UTC
Quote from: UconBit on November 06, 2018, 11:59:41 AM
The three emerging markets of Indonesia, Malaysia and South Africa enjoyed varying levels of cryptocurrency ownership at 40%, 39% and 29% respectively. The respective levels of familiarity were 63%, 57% and 69%, according to the study. In contrast, the best-performing European market in the survey was the Netherlands where cryptocurrency ownership was at 27% while the level of cryptocurrency familiarity was at 39%.

In Germany, the level of cryptocurrency familiarity was 49% while cryptocurrency ownership was at 9%. France fared slightly better with the level of cryptocurrency familiarity being 37% while cryptocurrency ownership was at 19%. In Italy, the level of cryptocurrency familiarity was 50% while the percentage of people who owned cryptocurrencies was 14%.

Does this actually mean that Europeans are less aware or knowledgeable about cryptocurrency? Or knowledge is the reason why they are wary of getting into cryptocurrency?
They know much about it. Not owning a cryptocurrency doesn’t mean that people don’t know about, a lot of people knows about Cryptocurrency but they are just not interested in it. Everyone knows what will actually work for them, so making use of cryptocurrency is not something everyone should do, I have a lot of friends that are not into cryptocurrency and they doing just fine and making a lot of money from their business.