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PaySafe: more than 50% of investors called cryptocurrencies the future of world finance

According to a survey by the PaySafe payment system, 54% of cryptocurrency holders in the US and UK are confident in their future dominance as a global means of payment.
Yesterday, the company published the results of its own research, according to which almost 60% of respondents expect an increase in the presence of cryptocurrencies in e-commerce in 2022. However, less than half of investors hope that offline stores will accept any of the cryptocurrencies for settlements.

In October 2021, PaySafe commissioned a study entitled “Important Trends Among Cryptocurrency Users in the US and UK” to the independent research center Sapio Research. The survey was conducted via email among British and Americans investing in cryptocurrencies.

70% of respondents admitted that at least once in their life they doubted whether to invest in cryptocurrencies. Of these, 30% closed their positions when prices began to fall, while the rest explained their doubts by negative news in the media, social networks, word of mouth and other similar factors.

55% of those surveyed would like to receive a salary in cryptocurrencies. Among Gen Z, people between the ages of 18 and 24, 60% prefer cryptocurrency pay. Among millennials – those who are now 23-34 years old – 58% have such a desire. And among those who are 35-44 years old – 57%.

The main reason for the desire to receive a salary in cryptocurrency is due to the fact that respondents consider it a reasonable investment that can increase in value over time, analysts say at Sapio Research. About 16% of respondents said they no longer trust traditional banks.

The study also showed that men trade more actively than women: 71% of the men surveyed trade several times a day, 68% trade once a day, and 58% trade several times a week. Women turned out to be more cautious: 29% trade intraday, and 61% only once a year.

In 2021, a survey by the American broadcaster CNBC revealed a high proportion of cryptocurrency holders among millennials who were ready to continue to increase their investment in 2022. According to a study by analytical company CivicScience, the number of US investors choosing cryptocurrencies over traditional assets increased by 140% in five months of 2021. A survey by Grayscale Investments showed that 26% of American investors with capital over $ 10,000 hold cryptocurrencies in their portfolios. At the same time, 55% of respondents bought them within the last 12 months.

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