Source: Yourg/Adobe Almost eight out of ten Russians believe bitcoin (BTC) is the "most trustworthy" crypto asset in circulation. Almost one-third claimed they have used cryptocurrency "at least once." These were the findings of a poll done by the Russian cryptocurrency exchange Bitbanker and the researcher Cupli Surveys, which was covered by Kommersant and VC. The parties talked with 1,500 persons over the age of 18 from "all around Russia." While 78% thought BTC was a reliable token, 36% said tether was as well (USDT). And 35% believed Ethereum (ETH) was trustworthy as well. While 29% of respondents claimed that they have "used cryptocurrencies at least once," the majority (51%) of this group stated that their primary purpose for purchasing bitcoin was to protect their funds. However, over one-third of individuals with crypto-related expertise reported using tokens as a remittance mechanism to "transfer money to other people." Surprisingly, 26% stated they used cryptocurrency to "pay for goods and services," despite the fact that using cryptocurrency as a payment instrument is illegal in Russia.
Are Russians interested in Bitcoin becoming more crypto-literate?
There are indicators that many of the Russians who use cryptocurrency are advanced users. "The majority of respondents said that they utilize several wallets," the study found. Furthermore, 14% of those polled said they stored their coins in cold storage rather than exchange wallets. While the great majority of respondents stated their crypto holdings were modest, nearly 10% said they held between $7,000 and $14,000 in coins. And 2.3% reported that their cryptocurrency assets were valued at more than $14,000. Earlier this month, a Russian government minister revealed that domestic cryptocurrency miners were now being monitored by electrical companies and were being compelled to pay industrial energy prices. A law seeking the legalization of industrial mining might yet be introduced.
0 Comments