RATE Group | Survey: 9% Of Britain Millennials Own Bitcoin (BTC)
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Survey: 9% Of Britain Millennials Own Bitcoin (BTC)

Survey: 9% Of Britain Millennials Own Bitcoin (BTC)

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93% Of Brits May Have Heard Of Bitcoin, But Only 4% Own BTC

In spite of the crypto market’s dismal performance in 2018, a post-mortem report from YouGov, an international market data analytics corporation, has revealed that upwards of 93% of Brits have heard the good name of Bitcoin (BTC), even though it has been just 10 years since Satoshi Nakamoto released the network’s original whitepaper.

However, in YouGov’s post-mortem of the survey, it was also revealed that only 4% of study respondents explained that they understand Bitcoin “very well,” likely alluding to the long-standing knowledge/technological expertise barrier of entry that this industry faces. Still, another 23% noted that they understand the technology “fairly well,” with Britain millennial males being the most dominant demographic to express their crypto knowledge as such.

Regardless, while 27% of surveyees understand Bitcoin in some capacity, per YouGov’s points of data, only 4% the pool had…

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