- The Tokenist reported that 47% of the respondents (in 17 countries) trust Bitcoin more than big banks.
- As per the survey, 45% of the millennials prefer Bitcoin over stocks, real estate and even gold.
- It also shows BTC is well-positioned to gain widespread adoption as a long-term store of value.
A recent survey report by The Tokenist revealed that people worldwide are starting to see the value of a decentralized asset like Bitcoin. The survey indicated that out of 4,852 participants in 17 countries, 47% claimed to trust Bitcoin over big banks. This marks an increase of 29% in the past three years.
The results are striking since Bitcoin is only ten years old and a relatively small asset. Of all survey respondents who fall into the millennial age category, 45% said that they prefer investing in Bitcoin over real estate, stocks and even gold.
According to the researchers who conducted the survey, the results reveal that BTC is well-positioned to gain widespread adoption as an “alternative, long-term store of value.”
These data indicate that Bitcoin has a bright future, and will likely benefit significantly from the current market crisis. With confidence in traditional investment instruments decreasing, Bitcoin stands poised to offer investors an alternative, long-term store of value.News Source