63% of Europeans believe that cryptocurrencies will survive another 10 years
When the history of cryptocurrencies began, most people considered them little more than a joke or an experiment that would fail in a short time. Today, 10 years later, the landscape has changed drastically and now many consider these assets as the future of money. A clear proof of this is that more than half of Europeans believe that digital currencies will survive another decade.
The BitFlyer Japanese exchange recently surveyed 10,000 Europeans asking about different aspects of cryptocurrencies. One of the most striking results that the study showed was that 63% of them believe that digital currencies will continue to be used for at least another 10 years.
The respondents included people from Norway, France, the United Kingdom, Germany, Belgium, to name a few. These results demonstrate the great expectations that exist in digital currencies and, according to some studies, more and more people are becoming convinced of the potential of these assets.
The Director of Operations of BitFlyer Europe, Andy Bryant, spoke on these results, ensuring that they demonstrate how much the perception of digital currencies has changed since their appearance.
“These results indicate that the reputation of the cryptocurrency has moved beyond advertising and has become more established. It is very easy to forget how the new cryptocurrencies are still. We just celebrated the tenth birthday of Bitcoin, so for most consumers believe in the future of crypto is certainly an achievement.
On the other hand, the survey also revealed that Europeans are increasingly enthusiastic about new cryptocurrencies and less about Bitcoin. Although the currency created by Satoshi Nakamoto started with the entire cryptographic revolution and is the largest asset of the ecosystem, the residents of the region have more confidence in the new proposals based on Blockchain improvements.
“The fact that Bitcoin does not generate as much support as other cryptocurrencies is partly a symptom of market volatility, but it is also a direct impact of the constant attention of the media that is associated with its volatility. Of course, we believe that Bitcoin is here to stay, and although it encourages us to see that the vast majority of Europeans think the same, this research shows that there is much more to be done to demonstrate to consumers the benefits and use cases in all cryptocurrencies more widely.
This does not mean that it is the end of Bitcoin in Europe, but it can be good news for the rest of the assets, especially the newest ones, who are waiting for their chance to «jump to fame».
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.