THELOGICALINDIAN - Researchers accept profiled the normative Australian bitcoin user anecdotic the industry participants avatar as beneath the age of 34 white macho and active on the eastern beach The analysis was conducted by bitcoincomau and polled about 1200 Australians
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The Survey Reveals the Average Australian Bitcoin User to be a White Male Under the Age of 34 Living on the Country’s Eastern Seaboard
Research has approved to contour the boilerplate user of bitcoin in Australia. The analysis reveals that the boilerplate Australian bitcoin user is a white macho beneath the age of 34 active on the country’s eastern seaboard. The majority of bitcoin adopters use cryptocurrency for the purpose of investment.
The abstracts able a accepted trend for bitcoin acceptance in developed countries, in which citizenry centres with admission to banking casework seek to advance bitcoin as an advance vehicle, while those active in areas that abridgement a aerial accepted for accessing basal bread-and-butter casework abort to appoint with the technology – admitting the applied allowances offered by cryptocurrency’s utility.
The analysis was undertaken during July, and polled about 1200 Australians complex in the bitcoin abridgement as either participants or observers. The all-inclusive majority of analysis participants endemic beneath than 1 bitcoin (70 percent), with alone 3 per cent of participants owning added than 25 bitcoins. Beneath than 10 percent of participants appear agreeable in bitcoin affairs daily. Users cited transaction privacy, decentralization, and the alteration of transnational affairs as the assumption appeals of bitcoin. Seeking to reflect all-around estimates of changeable bitcoin adoption, alone 10 percent of participants were women.
The Rising Costs Associated With Bitcoin Transactions Are Not Cited as a Major Concern by Australia’s Bitcoin Community
The ascent costs associated with bitcoin affairs are not cited as absolute a cogent affair to Australia’s bitcoin community. The abridgement of affair apropos fees acceptable owes to bitcoin’s ascendant use as a agency for investment, rather than for its account as a agency of amount circulation.
Survey participants were additionally polled apropos what they appearance as the above risks of cryptocurrency. Half of analysis participants cited the accident of hacking or annexation as the arch accident associated with bitcoin, whilst alone 5 percent of users cited issues pertaining to anonymity as a above concern.
Do you anticipate that the demographic contour presented by bitcoin.com.au’s advisers comprises an authentic absorption of the normative cryptocurrency user in a developed country? Share your thoughts in the comments area below!
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