Global Cryptographic Awareness
Consensys, a leading web3 software technology company, conducted a survey in conjunction with YouGov. The survey showed that while knowledge of cryptocurrency and blockchain is prevalent worldwide, developed and emerging economies have different perspectives on it. 92% of the 15,158 respondents from 15 countries were aware of cryptocurrencies, but only 8% were familiar with web3.
Desire for Digital Control and Ownership
When asked about the main concepts associated with crypto, more than a third of respondents believed in its potential as the future of money (37%) and digital ownership (31%). Significantly, 50% said that cryptocurrencies add value to the internet, and 67% believed people should own their internet creations. The report also showed a strong desire for individual identity control and a fair profit sharing model.
Data Privacy and Cryptocurrencies are Central Issues
Data privacy was a significant concern for these respondents with 83% identifying it as important and 79% wishing for greater control over their online identities. Despite the involvement of 65% of Nigerian respondents and 56% of Argentinian respondents, only 5% of Japanese respondents believed that cryptocurrencies add value to the internet. Furthermore, variations emerged in the environmental impact assessment of the crypto industry.
Economic Conditions Influence Cryptocurrency Perception
European nations, Japan, and South Korea were more skeptical of cryptocurrencies, associating them with scams and money laundering. Conversely, Southeast Asia, South America, and Africa expressed more enthusiasm towards cryptocurrencies and web3. Countries like Argentina and Nigeria see crypto as an essential tool for global capital access and inflation protection.
