Familiarity with cryptocurrencies (Bitcoin) in the United Kingdom 2016
This statistic presents the level of familiarity with Bitcoin and other virtual currencies in the United Kingdom as of 2016. In that year, 40 percent of respondents surveyed declared that they understand what virtual currencies were, but they never used them before. A further 35 percent had heard of Bitcoin prior to the research, but were not sure how to define it. Only three percent had used it.