Cryptocurrencies: Although they are of great interest, only one in ten people know how they work.

by Kelvin

This study also reveals that while 29% of people have some knowledge of cryptocurrencies and are looking for this technology, only one in ten (10%) fully understands how they work. Global consumer adoption rates for cryptocurrencies are slowing, although some celebrities like actor Johnny Deppe are other influencers in the world. YouTubelike PewDiePie are using this technology.

Kaspersky's new study "Uncharted territory: why consumers are still wary about adopting cryptocurrency" revealed that lack of knowledge and trust are the main factors preventing consumers from using cryptocurrencies. Of those who have some knowledge of cryptocurrencies and there is demand for this technology, only one in ten (10%) fully understands how they work.

  
golden bitcoin on wood background

Global consumer adoption rates of cryptocurrencies are slowing, although some celebrities like the actor Johnny Deppand other influencers of the YouTubelike PewDiePie are using this technology. Many of the consumers still know little about how cryptocurrencies work, and it is this lack of knowledge that prevents them from being adopted by the general public. Thus, four out of five people (81%) reported never having purchased cryptocurrencies, which shows us how far we are from accepting cryptocurrencies as a common form of payment.

“If consumers want to trade or trade their cryptocurrency assets, they should pay attention to securing their account credentials. If you have long-term investments in mind or use cryptocurrencies for payments, you should store them in a secure environment and use multiple wallets or distribute them between software and hardware. We also advise cryptocurrency companies to efficiently organize themselves so that they can show their clients that they are able to protect their investments, ”said Vitaly Mzokov, Kaspersky's head of commerce.



Engineering student and absolutely addicted to technology. I like to be up to date and aware of the impact they have on our lives.