There is no doubt that knowledge of cryptocurrencies is expanding by the day and its adoption is expanding rapidly to every part of the world. Even North Korea, one of the most closed countries in the world has been said to hijack people’s PC to illegally mine cryptocurrencies.
However, as the knowledge and adoption of cryptocurrencies spread, some nations are said to be leading in this revolution in terms of cryptocurrency ownership based on a survey carried out in selected countries.
According to research conducted by ING with the question “I own cryptocurrency” and a sample size of 14,828 in June, across 15 countries, Turkey currently has the most owners of cryptocurrencies in Europe. It was found out that 18% of Turks own cryptocurrencies with Romania following right behind with 12% of the population indicating their ownership of cryptocurrencies.
The United States came in 6th with an 8% of cryptocurrency ownership right after Poland, Spain and Czech Republic respectively.
Other European countries surveyed include Germany with an 8% ownership, the Netherlands at 7%, the United Kingdom at 6% and Luxembourg at 4%.
Amsterdam alone is said to have at least 12 Bitcoin ATMs as of August 2018 according to data provided by German-based company Statista.
There is nevertheless, no doubt that these stats would have been more had it been the survey was conducted around November/December of 2017 when Bitcoin reached its highest point with the Top cryptocurrency trading at close to $20,000. In August 2017 for example, the United States for had a Bitcoin ownership of 13.99%.
Taking a closer look at the industry, ownership of cryptocurrencies and Bitcoin has much to do with the price. This, therefore, means as cryptocurrency holders expect another bull run in the coming weeks and months, we can expect to see a rise in cryptocurrency ownership.
What are your thoughts on cryptocurrency ownership in the above countries? Do you think we are far away from mass adoption?
Share your thoughts in the comment section below.
