• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Victory For Binance: US SEC Decides To Dismiss Lawsuit
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Victory For Binance: US SEC Decides To Dismiss Lawsuit

Bitcoin Beats Jamie Dimon as Only 17% Believe Crypto is a ‘Scam’

Wilma Woo
by Wilma Woo
7 years ago
·
Posted in News, Altcoins, Bitcoin, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Just 17% of US adults think that cryptocurrency is a “scam,” according to a new survey which sheds fresh light on mainstream consumers’ relationships to Bitcoin and altcoins.


40% ‘Aren’t Interested’

Compiled by finance website Finder.com, 2001 people responded to various basic questions about cryptocurrency.

7.95% had already purchased some form of cryptoasset, with another 7.76% planning to do so in future, the results report.

Those who were not planning to do so said it was mostly (40%) either superfluous to their requirements or they simply weren’t interested.

“This reason is followed by 35.02% who say that the risk is too high, 27.04% who find it too difficult to understand and 17.97% who say it’s a scam,” Finder adds.

Dimon Nowhere To Be Seen

Previous comments by JPMorgan CEO Jamie Dimon that Bitcoin was a “fraud” threatened to bring the concept into mainstream consciousness as a de facto ‘truth’ in September 2017, but Dimon subsequently took back his words.

Early Days For Bitcoin

The results reaffirm what many already know to be true about the current state of cryptocurrency: consumer adoption is still far out, with financial institutions due to adopt the technology long before the average citizen.

Last month, Bitcoinist reported on how a Thomson Reuters survey revealed some more surprising numbers in this respect: 20% of finance firms were planning a crypto market entry, with over 50 of the 400 participants planning to complete theirs before the end of 2018.

Despite a push to formalize markets from multiple jurisdictions this year, and those such as Japan actively encouraging consumer uptake, most are still distanced from cryptocurrency.

Bonanza or Bubble? Insulate Yourself From Bitcoin Price Volatility

To tip the balance for US consumers, it would appear Bitcoin, as the most popular cryptocurrency owned by survey respondents, must overcome barriers involving “bubble” fears, ease-of-use and fees.

“While plenty of crypto proponents might disagree, 16.12% are waiting for what they think is a bubble to burst. A further 11.40% find it too difficult to use, and 5.75% think that there are too many fees involved,” Finder reveals.

What do you think about the Finder survey results? Let us know in the comments section below!


Images courtesy of Shutterstock, Bitcoinist archives

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Wilma Woo

Wilma Woo

Follow

Full Profile

Related Posts

Bitcoin

Bitcoin’s High Euphoria Spurs UK Company’s $5 Million Buy

22 hours ago
XRP

Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert

1 day ago
Bitcoin

Spam Wars: Bitcoin Core Devs At Center Of Heated Debate

3 days ago
Netflix

1 Bitcoin Up For Grabs On Netflix Reality Show ‘House Of Streams’

3 days ago
Bitcoin price

Bitcoin Price Approaches $106,000 As Resurgence Continues — But Watch Out For This Level

4 days ago
Bitcoin

Bitcoin Rebound From $100,000 – Healthy Pullback Or Start Of Deeper Correction?

4 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • BingX Introduces Copy Trading 2.0: Greater Control...

    2 hours ago
  • cloud mining

    Cloud Mining for Beginners: How These 5 Sites Help Users...

    3 hours ago
  • El futuro de USDT: La estrategia de crecimiento de Tether en 2025

    El futuro de USDT: La estrategia de crecimiento de Tether...

    4 hours ago
  • MEXC Unveils $100 Million Guardian Fund to Safeguard Users...

    5 hours ago
  • ...

    7 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.