80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study

From coindesk.com

Fewer than 1 percent of Australians paid for consumer goods with cryptocurrency in 2019, according to a study published Thursday by the Reserve Bank of Australia (RBA), Australia’s central bank. Revealed in RBA’s triennial Consumer Payments Survey (CPS), the findings from about 1,100 respondents shows that while consumers are largely embracing digital and alternative payment methods over cash, they’re just not paying in crypto. RBA conducted the survey in October and November 2019. The low usage comes in spite of respondents’ overwhelming awareness that cryptocurrency can be used to pay for goods. Over 80 ... (full story)