Greater than half of Australians assume Elon Musk invented Bitcoin: Survey


Australians’ data of cryptocurrency may use some enchancment, as greater than half of them assume that Elon Musk created Bitcoin (BTC), in response to a brand new survey.

Finder, Australia’s most visited comparability web site, carried out a survey of 1,004 Australians to seek out out extra about what they find out about crypto, The Australian reports Wednesday.

In accordance with the survey outcomes, 56% of Australians will not be conscious of mysterious Bitcoin creator Satoshi Nakamoto, believing that Tesla CEO and SpaceX founder Musk is the founding father of the world’s largest cryptocurrency. A major variety of respondents additionally didn’t know that the Bitcoin supply is limited to 21 million coins, with 44% of them pondering that Bitcoin has limitless provide identical to fiat cash.

The survey additionally discovered that many Australians are already in crypto or keen to get into the business, with 25% of respondents both proudly owning or planning to personal crypto by the top of 2021. Regardless of a exceptional willingness to purchase crypto, as many as 20% of Australians don’t know how you can purchase it, in response to the survey.

Finder’s new survey comes together with the agency launching a bitcoin buying and selling service by way of its app. 

Finder co-founder and CEO Fred Schebesta mentioned that the brand new service will assist Australians transfer into crypto. “We‘ve eliminated all of the complexity and with the Finder app you should buy a bitcoin in three minutes. You enroll, enter your particulars, deposit your cash, that’s it,” he mentioned.

Schebesta additional predicted that the Bitcoin worth will hit $250,000 by 2021. “The present dip is only a brief time period factor. The worth of Bitcoin has moved as a result of China mentioned one thing, or Elon mentioned one thing, or one other authorities mentioned one thing,” the chief acknowledged.

Crypto markets crashed final week following Musk’s announcement that Tesla was suspending BTC payments for car purchases. The market tumbled much more when the CEO hinted at dumping BTC from Tesla’s balance sheet within the second quarter of 2021.