German Youth Study: Do you know what Bitcoin is?

German Youth Study: Do you know what Bitcoin is?

German Youth Study: Do you know what Bitcoin is? Survey published by Bundesverband deutscher Banken, Berlin in September 2021. The study surveyed 700 German-speaking adolescents and young adults between the ages of 14 and 24.

What is Bitcoin (BTC)?

Bitcoin is the very first cryptocurrency and was founded by an anonymous person or group of individuals, named Satoshi Nakamoto. The Bitcoin Whitepaper,  published in 2008 describes Bitcoin as a “peer-to-peer electronic cash system“, i.e. there is no need for a central intermediary that processes the transactions between two individuals. The first Bitcoin version (Bitcoin Core) was launched in January 2009. In reference to Bitcoin inventor Satoshi Nakamoto, the smallest unit or possible denomination of Bitcoin is called Satoshi (SAT).

How do I get Bitcoin (BTC)?

You can buy Bitcoin (BTC) and other cryptocurrencies on so-called cryptocurrency exchange platforms, like Binance, Kraken or Coinbase.

Table & Chart Data

Source

Survey/Poll by

KANTAR, München

Published by

Bundesverband deutscher Banken, Berlin

Source link

Release date

September 2021

Region

Germany

Survey

1-27 July 2021

Additional Notes

Last updated September 15, 2021. 

700 German-speaking adolescents and young adults between the ages of 14 and 24.

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