Nearly 50% of consumers not okay with buying with Bitcoin — Survey

Amidst the sudden surge in the prices of Bitcoin, the world’s most popular cryptocurrency, a survey has found that only about 50.5 per cent of consumers would be willing to pay for products and services with the digital currency.

The study by DealAid, an online shopping platform in the United States of America, found that 49.5 per cent of consumers indicated that they would not be willing to pay for products and services with the currency.

On the other hand, the report said 60.2 per cent of consumers sampled said they would like more companies to accept Bitcoin as a payment method.

Specifically, 60 per cent of consumers indicated they would like to see Amazon accept Bitcoin directly, while another 41.9 per cent selected Apple and 31.4 per cent selected Walmart as companies they would like to see accept Bitcoin as a payment method.

The survey, however, noted that only 34.8 per cent of consumers indicated that companies should not accept Bitcoin as…

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