I know that it’s been a tough past week for the crypto markets. It’s in times like these that I like to get a sense of which way the wind blows through external surveys.
And most recently, Bitstamp has released their own widescale crypto survey.
What’s interesting about Bitstamp’s crypto report is that it seems to be a competitive response to the crypto reports that have recently been released by other exchanges, namely Gemini. It looks like this competition is resulting in higher quality insights.
In Bitstamp’s case, they analysed two things: the knowledge of and trust in cryptocurrency from individuals and institutions, including national and regional differences. The idea is that an increase in knowledge will lead to an increase in trust.
Naturally, the correlations here are as clear as day, but it’s the details that matter, because there seem to be some interesting differences between individuals, institutions, nations, and regions that can’t be easily explained.
Be sure to watch until the end to find out what Bitstamp thinks the future of cryptocurrency is, and how I personally think this future can be brought about.
Don’t lose all hope just yet!
⛓️ 🔗 Useful Links 🔗 ⛓️
► Bitstamp Crypto Report: https://blog.bitstamp.net/post/crypto…
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.