New research from the Digital Currency Council (DCC) shows that 73.6% of surveyed American consumers are “highly unlikely” to use Bitcoin this year. By contrast, only 10% said that they are “highly likely” and only 2% said they are “likely” to use digital currency. The rest of those surveyed reported that they are either unlikely (7.2%) to use Bitcoin this year or are neutral (7%) on the subject.
Notably, the likelihood of using Bitcoin in 2015 was correlated with the age of the survey respondents. Young Americans (ages 18-24) were four times more likely to report that they would use Bitcoin this year than those over the age of 65.
David Berger, CEO of the Digital Currency Council, explained, “Not unlike other new technologies, the early adopters of Bitcoin will be younger end of the demographic spectrum. My mom may never use Bitcoin, but my daughter definitely will.”
This is the seventh question in the Digital Currency Council’s (DCC) Pulse survey research series. The data collection was conducted among a representative sample of 500 people in the United States.