Cryptocurrencies Remain Unfamiliar Concept to 56% of Russians
Cryptovest
Published Aug 08, 2018 07:16AM ET
Updated Aug 08, 2018 08:20AM ET
Cryptocurrencies Remain Unfamiliar Concept to 56% of Russians
Although cryptocurrency and blockchain are among the most widely discussed concepts in traditional and social media, just 44% of Russians are aware of virtual money, and 31% have only a vague idea of what it is, according to a survey by Romir Research Holding.
"The survey clearly illustrates that cryptocurrencies have not become a meaningful financial instrument yet. Moreover, the cultural memory of the Russian society still reflects the painful experience of losses caused by previous rags-to-riches schemes, which results in healthy skepticism," Romir president Andrey Milekhin commented.
Those concerns are not entirel...
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