Consumer Centres survey shows crypto-scepticism among citizens

In itself it is not an unexpected finding that many “normal” consumers are rather sceptical about crypto currencies. However, the survey conducted by two consumer centres also shows that the necessary information on opportunities and risks is still lacking.

Young participants particularly open to cyber currencies

The consumer centres in the two federal states of Saxony and Hesse were responsible for the survey, in which a total of 1,000 people took part online. If one wanted to summarize the realizations with a word, “durchwachsen” would be probably quite correct. Once again, interest in currencies such as Bitcoin or less well-known coins such as Dash and IOTA is increasing among young people. About one in three respondents aged 18 to 29 considers buying their own coin to be an interesting option. The value for the entire survey group is only about ten percent.

Consumers’ knowledge of crypto currencies increases

Eleven percent of the participants described themselves as “undecided”. 17 percent of the interviewees see tomorrow’s money in cyberdevisen – at least when you think of the current mood of crisis, which fortunately is slowly abating again. Consumer protectors conclude that 77 percent of consumers are currently not considering investing in ethereum or other currencies. Every seventh person currently sees such deposits as a risk or even considers them to be very risky. There are, however, equally positive developments. Thus crypto currencies are meanwhile 50 per cent of the asked ones a term.

General skepticism robs investors of innovative opportunities

A good 25% of the survey participants see the crypto purchase as an interesting speculation object, since profits could supposedly be realized quickly here. It is in the nature of things that consumer protectors end up giving priority to fraud warnings about digital currencies and not necessarily recommending the creation of a wallet. Because there are questionable suppliers on the market. But generally warning investors and crypto fans of the various age groups is outdated. After all, there are now many reputable service providers with whom interested parties can invest money in the crypto sector and participate in long-term growth.