A survey of attitudes towards cryptocurrencies which was carried out in 6 countries has given a fascinating insight into the global response to the technology.
Despite warnings from their government, many Indians feel very optimistic about cryptocurrencies. In the recent survey, 7% of people questioned said they owned some form of cryptocurrency which matches the response from those questioned in the US.
Indians appear to have greater optimism when it comes to the future of the cryptocurrency market, with 68% of Indians believing that the majority of people will start to use cryptocurrencies in the next ten years, whereas only 45% of Americans agree.
The Indian government is less keen and refuses to recognise any cryptocurrencies as legal tender. The Indian finance ministry has also issued warnings to the public, suggesting that bitcoin and other alt-coins are nothing more a Ponzi scheme.
However, the government message seems to be largely ignored, with the survey found that 16% of those asked said that if they were given $1000, they would spend it by investing in cryptocurrencies. Cryptocurrency exchanges which operate within the country do not seem concerned by the governments hard line, and people continue to use them to buy and sell various types of cryptocurrencies.
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