Crypto

Canadian Bank: 85 Percent Of Canadians Are Informed Of Bitcoin

The Canadian Bank recently published the results of a survey of crypto money. According to the published results, the number of Canadian citizens who have Bitcoin nearly doubled in a year.

Canadian Bank of the country's central bank learns why people get bitcoin during the sudden increase in bitcoin prices and conducted a survey under the name 'Multi-Purpose Bitcoin Survey' to examine 'how the Canadian Bank could affect its duties' .

The Bank of Canada conducted a similar survey in 2016. When we compare the surveys conducted in two different periods, we can see that Bitcoin's popularity in Canada has increased significantly. According to the new survey results, 85 per cent of Canadian citizens are aware of Bitcoin. There is also an increase in the number of citizens who own Bitcoin. In the old survey, the proportion of those who owned Bitcoin was around 2.9 percent, but it was seen in the new survey that it increased to 5 percent.

More than 2,500 citizens from all over Canada attended the survey. We can say that Bitcoin is the most common place in Canada is the Quebec region where the majority speak French. When we compare old and new surveys, we see a 20% increase in the number of people who live in Quebec and who are aware of Bitcoin.

There is actually something more important in the survey done by the bank. There are a lot of people who know Bitcoin right now but do not know exactly what Bitcoin is. In the new survey, it is possible to see an increase in the number of people who actually knew Bitcoin . For example, the number of those who believed Bitcoin "supported by the state" in the poll conducted in 2016 was quite a lot. In the new survey, a 40 percent decrease in the number of people with this opinion was seen.

It is also possible to understand what the Canadians are using Bitcoin for, by looking at the survey results. Almost half of the respondents who said they were Bitcoin-owned say they used Bitcoin as an investment tool, not as a means of payment.