Real life use cases of crypto

[vc_row][vc_column][vc_paragraph text=”A study published recently shows how people use cryptocurrencies in real life and what they spend them on.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Who and how spend crypto ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The report was published by Visual Objects analytics company and prepared by Emily Klark for questioning 983 people who utilize crypto. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The first discovery is that crypto’s are widely used for everyday purchases such as clothes and products despite that one third of the respondents believe they use digital coins for buying illicit articles. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=” But it turned out to be more complicated that we used to think. For instance, although crypto market currently includes over tons of tokens, in practice most of people use mainly Bitcoin and a few altcoins.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Use cases of crypto ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”1137″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In general, the survey shows the following results:”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Only 16% of people invest in crypto while others prefer traditional coins;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● Bitcoin is being purchased by 70% of investors which makes it the most popular crypto;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● 72% of crypto investors used it for everyday purchases: 38% bought products and 34% – clothes;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● 26% were making illegal purchases using BTC for weapon or drugs;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”● 40% of respondents consider cryptos to be used for speculative purposes, and “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”30% think they are used for buying illegal items.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Although 72% of crypto holders said they used them in everyday life, only 14% think they are really useful.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This discrepancy is obvious and it demonstrated that most people have no clear idea about how digital assets may be used.”][/vc_column][/vc_row]