Survey Says 88% of Japanese Have Heard of Bitcoin
featured

Survey Says 88% of Japanese Have Heard of Bitcoin

THELOGICALINDIAN - A contempo analysis of 10000 men and women beyond Japan shows that 88 of them accept heard of bitcoin Among those that accept bitcoin 47 said that they accept acclimated it in retail food but longterm advance is best respondents capital acumen for purchasing bitcoin

Also read: Local Japanese Government Considers ICO to Revitalize Region

88% Have Heard of Bitcoin

Survey Says 88% of Japanese Have Heard of BitcoinGlobal bazaar analysis aggregation with agencies in over 90 countries Macromill Group afresh conducted a analysis on the acquaintance and acceptance of bitcoin amid the Japanese. Ten thousand men and women age-old 20 to 69 beyond Japan participated.

The Japanese government legalized bitcoin as a adjustment of acquittal in April. In July, they declared the auction of bitcoin chargeless from burning tax. Since then, added Japanese accept been apparent to bitcoin online and offline, as added merchants alpha accepting the agenda bill and announcement them in the process.

Among the 10,000 respondents, Macromill Group begin that 56.2% said they accept heard of bitcoin but do not apperceive what it is. In contrast, 31.4% said they apperceive what bitcoin is while 12.4% accepted they do not apperceive what it is at all. The aggregation summarized:

Out of respondents who had heard of bitcoin, 82.9% said they accept not purchased it. Only 2.7% said they accept purchased it and currently own some while 2% said they accept purchased it but do not own any currently.

Survey Says 88% of Japanese Have Heard of Bitcoin

Using Bitcoin at Stores

As added bodies start using bitcoin and acceptable acquainted of the agenda currency, added merchants are additionally admiring to it, alignment from baby ma and pa shops to ample retail chains. Electronics behemothic Bic Camera, for example, started accepting bitcoin at all of its locations beyond the country in July due to accepted demand. The bitcoin barter Coincheck claims that over 5,000 merchants in Japan acquire bitcoin currently, with added actuality added regularly.

When respondents who accept bitcoin were asked whether they accept acclimated it to pay for appurtenances and casework at retail stores, 47% said that they accept while 53% said no.

Survey Says 88% of Japanese Have Heard of Bitcoin

When asked what blazon of businesses they would like to see acquire bitcoin payments, the best accepted acknowledgment was “convenience stores,” which 43% want, followed by “e-commerce sites,” adopted by 40% of respondents. 31% said “restaurants and cafes,” 29% “electronics alternation stores” and 28% “supermarkets.”

Reasons for Purchasing Bitcoin

Among the respondents who are currently captivation bitcoin, 42% said that they purchased because “I was absorbed in basic currency.” The aforementioned allotment of respondents said, “I anticipation that bitcoin will advance in the future.” Meanwhile, 33% replied, “I anticipation it would be profitable” and 30% said, “I like new things.”

Survey Says 88% of Japanese Have Heard of Bitcoin

In addition, best respondents, 54%, appear that they purchased bitcoin as a abiding investment. Meanwhile, 42% purchased it as a concise investment, and 34% purchased bitcoin to pay for appurtenances and services.

What do you anticipate of the survey’s results? Do you anticipate the Japanese are far advanced of the blow of the apple in bitcoin acquaintance and adoption? Let us apperceive in the comments area below.

Images address of Shutterstock and Macromill.

Need to account your bitcoin holdings? Check our tools section.