The Future of Bitcoin in Germany Is Looking Bright, Study Says

This feeling is echoed by the BearingPoint study respondents. Nearly one in two participants strongly feels the development of cryptocurrency is heading in the right direction.
Bitcoin offers a tremendous potential in every country in the world. Even developed countries, such as Germany, can gain a lot from embracing cryptocurrency at an early stage. A new study by BearingPoint indicates Bitcoin adoption, as well as other virtual payment methods, are on the rise in the country. This is not entirely surprising, as consumers see the benefits of financial freedom quite clearly.
One of the primary concerns for Bitcoin is how people perceive the cryptocurrency. In Germany, 72% of all respondents to the BearingPoint study indicate they have heard of virtual payment methods before. This is a rather high number, as most countries would score a lot lower than that. Moreover, 80% of survey participants know what Bitcoin is, or have used it in the past.

This post was published at NewsBTC