Banking Survey: 65% of US Consumers ‘Unlikely’ to Buy Bitcoin
A new study suggests that many consumers remain cautious about the prospect of purchasing or using digital currency.
The report was written by the Massachusetts Division of Banks (MDB) in conjunction with the Conference of State Bank Supervisors (CSBS), who canvassed more than 1,000 consumers with an online survey that focused on digital currency.
The CSBS, which is a national organization of bank regulators, previously held a hearing on the topic of digital currency in May.
The survey data shows that while a slim majority of respondents (51%) have heard of digital currency, 65% stated that they are ‘unlikely’ to ever buy or use a technology like bitcoin.
This post was published at Coin Desk on August 27, 2014.