Report: More than 10% of adult Internet users have digital currency

February 7, 2022 By: admin No Comments

The results of a global survey of Internet users aged 16 to 64 show that digital currencies are gaining popularity and that the number of people owning digital assets is growing every year. In addition to ranking the best countries that accept digital currencies, the study divides investors by age and gender.

According to CryptoSlit, DataReportal, a website that provides data related to the Internet, recently published the results of its global survey. The survey shows that more than one in 10 adult Internet users owns one of the digital currencies.

The company analyzes its global observations on key trends in people’s online behavior and uses data from the Global Web Index (GWI) for the report’s digital currency section. In this study, the percentage of ownership of digital currencies in different countries and different demographic characteristics (such as age and gender) are categorized.

Thailand is the flagship in investing in digital currencies

The number of owners of digital currencies in the world has grown by 37.8% in one year, according to the section on digital currencies of the report, which was published in the third quarter of 2021, according to a study by GWI.

According to GWI, more than 10% of adult Internet users already have some form of digital currency. Focusing on different countries, it can be seen that this type of asset has become more popular among developing countries.

Percentage of Internet users aged 16 to 64, depending on the country, who have a digital currency — Percentage of Internet users aged 16 to 64 who hold digital currency (by country of residence).

Undoubtedly, Thailand is the leader in this race. In this country, more than two in 10 adults (20.1%) own one type of digital currency.

After Thailand, Nigeria with 19.4%, the Philippines with 19.4%, South Africa with 19.4% and Turkey with 18.6% have the highest rates of investment in digital currencies and were selected as the top five countries in this list.

According to the report, given that Turkey’s national currency has lost almost half of its value in the past year, the country’s digital currency holdings have nearly doubled in one year, from 10% to more than 18%.

Meanwhile, according to the report, men tend to buy more digital currency than women, and this type of asset is not very popular with older audiences.

Percentage of Internet users by age and gender who have some kind of digital currency.

According to the report, less than one in 20 users aged 55 to 64 have digital currency. In addition, the adoption rate of digital currencies is higher among men aged 25 to 34 (15.5%) than in other age groups, and the proportion of women in this age group is significantly lower (9, 5%) of men.

Consumer comments on digital currency legislation

It is unknown at this time what he will do after leaving the post. It is not yet clear what direct rigidity of governments or the creation of a favorable regulatory environment will have on the acceptance rate of these assets.

The United States is currently 14th on the list, with 12.7 percent of its population holding digital currency. As a result, while the United States seems to want to make digital currency regulation a security issue, digital currency adoption rates are still higher than the world average (10.2%). Permissible rates for seemingly friendly digital currencies such as Portugal (9.7%) and Germany (9%) are lower than the world average.

Russia, on the other hand, which is considering a comprehensive regulatory framework for digital currencies, tops the list with a 2% acceptance rate.

Another question in the study was which institutions could be trusted to pass digital currency legislation. Those who answered this question are 16 to 64-year-old Internet users who have either invested in digital currencies or would like to do so in the future. Most of these people said they did not think governments were appropriate.

The response rate of Internet users aged 16 to 64 to choose a digital currency legislator — Response of Internet users aged 16 to 64 to choose a digital currency regulator; Consumers prefer exchange offices to be responsible for legislation in this area.

According to GWI, most people who have already invested in digital assets (32%) prefer to trade digital currency rules. However, those who are interested in investing in digital currencies but have not yet done so are more likely to do so in international economic groups (26%) and traditional financial institutions such as banks (26%).

The publication report: More than 10% of adult Internet users have digital currency, which first appeared in Digital Currency.