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Consensys: 93% of People in the World Know About Cryptocurrencies

Consensys, together with the YouGov platform, conducted a study, according to which 93% of earthlings know about cryptocurrencies, and 51% claim to be well versed in them.

The number of people who own cryptocurrencies has increased compared to last year. For example, in Germany the increase among respondents was 7%, in Mexico – 8%, and in Japan – 4%. 58% of respondents from countries such as the United States, India and Nigeria are well acquainted with the concept of decentralization. Most of the survey participants believe that it is necessary to reform the global financial system. At the same time, 18% of respondents indicated that it needs to be rebuilt from scratch.

82% of respondents said that there is excessive concentration of power in the hands of Web2 Internet companies. A third of survey participants said that decentralization could have a positive impact on social networks, banking systems and money transfers.

Consensys noted that the penetration rate of digital assets in developing countries is much higher than similar indicators in developed countries. In Nigeria, 65% of respondents demonstrate motivation to manage cryptocurrency. For Argentina, this figure is high, but slightly lower – 52%.

According to the survey, 58% of Nigerians, 47% of South Africans and 45% of Filipinos see cryptocurrencies as the future of money, compared to just 19% and 17% in the UK and Germany, respectively.

The survey involved 18,000 people from 18 countries.

Earlier, the American company Tether reported that at the beginning of October, there were 109 million owners of the world’s most popular stablecoin USDT. This is close to the number of ether holders – 128 million.

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