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What Do the Numbers Say About Consumers and Bitcoin?

By PaymentsJournal
October 15, 2018
in Cryptocurrency, Digital Assets & Crypto, Truth In Data
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According to a Mercator survey, 65% of consumers are aware of Bitcoin.

When consumers were asked, “Have you opened a Bitcoin wallet?” In 2016 22% of respondents, aged 18-34 said yes, however, in 2017 only 12% of respondents said yes.

And for those consumers who do use Bitcoin here is where they use it:

  • 56% used it to make a purchase at an online retailer.
  • 46% used it to pay family and friends.
  • And 32% used it to pay household bills.

Data for this episode of Truth In Data provided by Mercator Advisory Group’s report –  U.S. Consumers and Debit: Shift to Online May Inhibit Use

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Tags: BitcoinCryptocurrencyCustomer Interaction

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