#WhyPeopleAvoidCryptocurrency Survey -
Range of reasons why people have decided not to invest in
#cryptocurrency .
> 58% have stated that they do not trust it.
> 34% do not understand the technology.
> 21% believe that it performs badly as an investment.
> 14% don’t invest due to environmental concerns.
> 12% would like to begin investing in cryptocurrency, but are unsure where to start.
> 9% do not have the spare income to invest.
> 9% have seen a friend of family members investment perform poorly.
#Crypto exchange app
#Luno conducted a survey that indicated 71% of Australians have less than a basic understanding of cryptocurrencies in 2023 (Luno).