{"id":16079,"date":"2021-06-09T11:14:34","date_gmt":"2021-06-09T11:14:34","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=16079"},"modified":"2021-06-09T11:14:34","modified_gmt":"2021-06-09T11:14:34","slug":"lack-of-knowledge-the-main-barrier-to-cryptocurrency-adoption","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/lack-of-knowledge-the-main-barrier-to-cryptocurrency-adoption\/","title":{"rendered":"Lack of Knowledge the Main Barrier to Cryptocurrency Adoption"},"content":{"rendered":"<p>The Economist Intelligence Unit recently published the <em>Digimentality 2021<\/em> report, a study of complications associated with cryptocurrencies. The study was commissioned by Crypto.com and contains a survey of 3,053 people that was conducted in February and March of 2021. The survey results showed that 55% of respondents were aware of cryptocurrencies despite never owning or using them. At the same time, the main barriers to adopting open-source cryptocurrencies like Bitcoin and Ether were an overall lack of knowledge about them, security concerns and not knowing where\/how to buy them. Among institutional investors and corporate treasuries, 47% of respondents said that overall market trust and an understanding of digital currencies were the biggest adoption obstacles, with cryptocurrency regulations, financial market structures and asset volatility also cited as major obstacles.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16079 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Central Banks\u2019 Rising Interest in Blockchain Technology'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/central-banks-rising-interest-in-blockchain-technology\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/01\/bad4b981-5a72-4590-815f-e7d7e078d08b1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15713\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15713'>\n\t\t\t\tCentral Banks\u2019 Rising Interest in Blockchain Technology\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Two startups allow everyday Nigerians to access high-yield government bonds'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/two-startups-allow-everyday-nigerians-to-access-high-yield-government-bonds\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/09\/06_18_2018_Cowry_Wise_Portraits-29-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13652\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13652'>\n\t\t\t\tTwo startups allow everyday Nigerians to access high-yield government bonds\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Top 8 ways COVID-19 is (and will) impact the payments industry'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/top-8-ways-covid-19-is-and-will-impact-the-payments-industry\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/1162-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14912\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14912'>\n\t\t\t\tTop 8 ways COVID-19 is (and will) impact the payments industry\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Economist Intelligence Unit recently published the Digimentality 2021 report, a study of complications associated with cryptocurrencies. The study was commissioned by Crypto.com and contains a survey of 3,053 people that was conducted in February and March of 2021. The survey results showed that 55% of respondents were aware of cryptocurrencies despite never owning or &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16068,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16079"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16079"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16079\/revisions"}],"predecessor-version":[{"id":16080,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16079\/revisions\/16080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16068"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}