Global crypto awareness is high, but perceptions of the industry vary by location - survey

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Global crypto awareness is high, but perceptions of the industry vary by location - survey Bitcoin crypto cryptocurrency

- A new survey conducted by Consensys, a leading web3 software technology company, and done in conjunction with YouGov, has shown that while awareness of cryptocurrency and blockchain is now prevalent worldwide, there is a stark difference in perception between countries with developed economies and those with emerging economies.

“This data indicates a shift in user behavior toward active participation, empowerment, and broader community ownership,” a press release announcing the results said. There is also a strong desire for more ownership, with 50% of respondents believing that cryptocurrencies add value to the internet. Respondents also see the current corporation-dominated profit models as unfair, with 67% saying that people should own the things that they make on the internet and 70% believing that they should have a share of the profits a company makes from their data.

Overall, the results showed that internet users from around the world have a desire for more control over online identity, the data we share, and a more equitable sharing of profits with those who are helping build platforms for their contributions. Due to the instability of their local currencies, respondents in Nigeria and Argentina showed the highest motivation to own cryptocurrencies as a means to store value. 67% of Nigerians strongly believe that cryptocurrencies add value to the internet, while only 5% of respondents from Japan feel the same.

 

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