Two-thirds of Europeans think cryptocurrency is here
for the long haul, according to a survey.

TimeBit
2 min readMay 5, 2020

Released Wednesday, the second yearly Crypto-Confidence Index survey led by the European arm of the trade, bitFlyer Europe, discovered 66% of respondents accept digital forms of money will keep on existing in 10 years’ time.
The review, directed by means of Google Surveys, surveyed 10,000 people across 10 European nations to show up at its outcomes, the trade said. The 2020 reaction is a 3% expansion on the consequences of the study a year prior, which bitFlyer said exhibits developing trust in cryptographic forms of money regardless of the “devastating impact” the coronavirus has had on the worldwide economy.

As indicated by Worldometer, a COVID-19 following site, there have been more than 3.1 million absolute coronavirus cases universally, with more than 218,000 passings up until now. The effect on the worldwide economy has been gigantic, with forecasts it will bring about a downturn greater than anything since the Great Depression. Zooming into the study numbers, Italy — one of the most affected nations from the pandemic in the European Union — was seen as the most hopeful in regards to crypto’s future, with just
about 75% (72%) accepting they will keep on existing in some structure in 10 years’ time.
Following not far behind were the Netherlands and Poland, with 70% of respondents from those countries saying digital currencies will keep on existing in 10 years. Spain was third generally hopeful with 68%.

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TimeBit

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