1 year ago
Bitcoin users spot a higher value connected a politician’s BTC-related policies and docket than their party, a survey by Bitcoin Magazine has found. Over 72% of respondents said they would ballot for a pro-Bitcoin campaigner adjacent if they were not portion of their preferred governmental party.
The archetypal variation of Bitcoin Magazine’s yearly survey, which collected responses from implicit 6,600 Bitcoin holders from August 15 to October 19, 2022, besides recovered that the bulk of them considered themselves Bitcoin maximalists (56.2%). However, implicit 68% of respondents besides ain different cryptocurrencies. Interestingly, 60% said they would similar to bargain products from Bitcoin-only companies.
Intended for gathering feedback from the assemblage connected Bitcoin Magazine’s existing contented arsenic good arsenic to amended recognize user’s preferences, the survey shed airy connected galore absorbing aspects of the Bitcoin assemblage and its members.
Three quarters of respondents purchase bitcoin done regulated exchanges, with apical choices being Binance (34.8%), Coinbase (20.6%), FTX (7.4%) and Kraken (6.6%). FTX’s penchant is people bound to driblet adjacent zero pursuing the exchange’s filing for bankruptcy little than 1 period aft the survey. Peer-to-peer (P2P) trading, which much intimately resembles Bitcoin’s intended plan of transactions without intermediaries, was shown to beryllium a strategy for lone 18.7% of the surveyed users.
Adoption of the Lightning Network, Bitcoin’s overlay web for faster and cheaper transfers, was recovered to beryllium strong. Of each respondents, 70.4% shared that they person made astatine slightest 1 Lightning payment. The preferred wallets of users were Wallet of Satoshi (27.1%), Muun Wallet (25.4%) and Blue Wallet (23.7%).
When it comes to mining, information was unsurprisingly much shy. Likely owed to the method complexity successful mounting up an ASIC miner astatine home, lone 12.6% of respondents said they mined bitcoin astatine home. That’s astir fractional of the percent of those who tally their ain nodes –– much than a 4th of respondents (24.5%).
The bulk of respondents self-custody their BTC, the survey found, amounting to 62.3% of users. The preferred hardware wallets are Ledger (43.7%), Trezor (16.4%) and Coldcard (10.2%).
When it comes to learning and consuming manufacture information, the survey recovered Twitter arsenic the main channel, with 28.1% of respondents saying that’s wherever they went primarily. Respondents elected Michael Saylor arsenic the Twitter property of the twelvemonth (48.9%), followed by Yellow (10.1%) and Natalie Brunell (8.7%). Podcasts came successful adjacent 2nd (26.4%), with the astir fashionable of them being Peter McCormack’s “What Bitcoin Did.” Video trailed successful 3rd (22.2%). While not galore respondents mentioned books arsenic their main root of information, the astir wide recommended substance astir Bitcoin was The Bitcoin Standard by Saifedean Ammous.
When the concern is passing connected Satoshi’s torch, the survey recovered that astir Bitcoin users present their friends to bitcoin (70%), portion immoderate besides stock the bully connection with their parents (31.5%). Only 17.3% of respondents didn’t advocator for Bitcoin astatine each and preferred alternatively to support quiescent connected the matter.
English (US) 