RATE Group | Austrians Are Most Skeptical of Bitcoin and Cryptocurrency
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Austrians Are Most Skeptical of Bitcoin and Cryptocurrency

14 Aug Austrians Are Most Skeptical of Bitcoin and Cryptocurrency

Posted at 13:42h in Cryptocurrency News by

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An online survey by banking giant ING finds that Austrians are the most skeptical of Bitcoin (BTC) and cryptocurrencies in general. The poll, including respondents from 15 countries, shows that Bitcoin-positivity is also weakening in other countries, according to Der Standard, Aug. 14.

The worst and getting worse

Austrians are generally conservative on investments, but on cryptocurrency they are very skeptical, with only 13% seeing digital currencies in a positive light.

Attitudes towards cryptocurrency worsened since last year’s survey. This year 17% of Austrians think that cryptocurrency is the future of digital payments, compared to 20% last year. And now only 14% believe it is a significant form of investment in contrast to 17% last year.

Just 5% of Austrians would consider having their salaries paid in Bitcoin.

According to the survey, Austrians know more than most nations about cryptocurrencies, but prefer to avoid risk and volatility as much as possible.

Bucking the trend

Of the…

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