A survey conducted in the United Kingdom (UK), between February and May 2024, found that 17 percent of respondents associated cryptocurrencies with scam and phishing. Crime and money laundering followed closely, at 16 percent. Additionally, the third-most common concept reminding the UK respondents of cryptocurrencies was that these were an alternative to the traditional financial ecosystem.
Concepts most commonly associated with cryptocurrencies according to adults in the United Kingdom (UK) as of May 2024
Characteristic
Share of respondents
Scams and phishing
17%
Crime and money laundering
16%
Alternative to traditional financial ecosystem
11%
A trend that will pass
9%
Speculation
8%
Future of money
8%
The future of digital ownership
5%
A way for me to participate in a global financial ecosystem
3%
Hope for a new, more decentralized model of the internet
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ConsenSys. (December 10, 2024). Concepts most commonly associated with cryptocurrencies according to adults in the United Kingdom (UK) as of May 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1546825/uk-adults-cryptocurrency-concepts/
ConsenSys. "Concepts most commonly associated with cryptocurrencies according to adults in the United Kingdom (UK) as of May 2024." Chart. December 10, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1546825/uk-adults-cryptocurrency-concepts/
ConsenSys. (2024). Concepts most commonly associated with cryptocurrencies according to adults in the United Kingdom (UK) as of May 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1546825/uk-adults-cryptocurrency-concepts/
ConsenSys. "Concepts Most Commonly Associated with Cryptocurrencies According to Adults in The United Kingdom (Uk) as of May 2024." Statista, Statista Inc., 10 Dec 2024, https://www.statista.com/statistics/1546825/uk-adults-cryptocurrency-concepts/
ConsenSys, Concepts most commonly associated with cryptocurrencies according to adults in the United Kingdom (UK) as of May 2024 Statista, https://www.statista.com/statistics/1546825/uk-adults-cryptocurrency-concepts/ (last visited December 19, 2024)
Concepts most commonly associated with cryptocurrencies according to adults in the United Kingdom (UK) as of May 2024 [Graph], ConsenSys, December 10, 2024. [Online]. Available: https://www.statista.com/statistics/1546825/uk-adults-cryptocurrency-concepts/