Reasons for not using Bitcoin in Great Britain as of February 2014

This statistic displays reasons respondents gave for not wanting to use digital currencies in Great Britain as of February 2014. Among respondents, 63 percent reported not wanting to use Bitcoin or similar currencies because they "do not know enough about them."

Which, if any, of the following come closest to the reasons that you would not use digital currency?

Share of respondents
Do not know enough about them63%
Have no experience of using them53%
Have concerns around their security52%
Do not trust them46%
Not sure if they are legal29%
Think that they would be difficult to use18%
None of the above3%
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Source

Release date

February 2014

Region

United Kingdom (Great Britain)

Survey time period

February 5-6, 2014

Number of respondents

599 respondents

Age group

18 years and older

Special properties

All respondents who disagree they would be open to using digital currency to purchase goods and services

Method of interview

Online survey

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Statistics on "Bitcoin"

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