Results: Bitcoin - Virtual Currency
Bitcoin is a virtual currency said to be created four years ago by a person or group going by the name of Satoshi Nakamoto. It is a currency designed to be outside of government control, conceived by libertarians, who believe in freedom of thought and action. It is not administered by a central group, making it very different from other digital currencies. Consider the Bitcoin to be a computer game for the tech savvy (or nerdy). There are 22 million potential Bitcoins of which about 11 million have been mined or won/earned to date. To mine a bitcoin one uses their computer to solve a complicated cryptographic problem. As each Bitcoin is mined, the mining of subsequent coins becomes more difficult. Along with those mining Bitcoins, many companies have sprouted up to facilitate the trading of Bitcoins and payment with Bitcoins; creating an undisclosed number of Bitcoin Millionaires. Reddit and WordPress allow purchasing through Bitcoin and even Wal-Mart supposedly allows purchasing through Bitcoins. Bitcoins have recently made the news, with their trading value jumping from $20 in February 2013 to a high of $266 in April per Bitcoin as a result of the Cyprus bank deposit tax issue. The Bitcoin value now sits at about $150.
1.
1.
Had you heard about Bitcoins?
Yes
21%
•
570 votes
No
79%
•
2110 votes
2.
2.
Have you owned/used Bitcoins? Check all that apply. I own Bitcoins
3%
•
85 votes
Previously I owned Bitcoins
3%
•
75 votes
I have purchased goods/services using Bitcoins
3%
•
67 votes
I have received payment for goods/services using Bitcoins
3%
•
68 votes
I have never owned/used Bitcoins
90%
•
2412 votes
Other (please specify)
1%
•
31 votes
| Other Answers | Percentage | Votes |
| 0.91% | 25 | |
| n/a | 0.07% | 2 |
| none | 0.04% | 1 |
| i am not aware of bitcoins and their use | 0.04% | 1 |
| know nothing | 0.04% | 1 |
| my son "owns" some. | 0.04% | 1 |
3.
3.
Do you think that governments will crackdown on companies that allow the use of Bitcoins as a means to shut down the currency? Yes
23%
•
614 votes
No
12%
•
324 votes
Not Sure
44%
•
1169 votes
N/A
21%
•
573 votes
4.
4.
Have you used any of these other digital currencies? (Check all that apply) Linden Dollars – used by Second Life, a virtual world for Gamers
3%
•
81 votes
QQ Coins; used by customers of Tencent - a Chinese internet giant,
3%
•
83 votes
Facebook “Credits”
11%
•
282 votes
Bitcoins
3%
•
78 votes
No I don’t use any digital currencies
82%
•
2190 votes
Other (please specify)
2%
•
42 votes
| Other Answers | Percentage | Votes |
| 0.65% | 18 | |
| swagbucks | 0.11% | 3 |
| paypal | 0.11% | 3 |
| n/a | 0.07% | 2 |
| does paypal count? | 0.04% | 1 |
| i use amazon gift credits a lot. | 0.04% | 1 |
| liberty reserve | 0.04% | 1 |
| what???????????????? | 0.04% | 1 |
| what the hell is it???????????????????????? | 0.04% | 1 |
| debit | 0.04% | 1 |
| gaia cash (from gaia online) | 0.04% | 1 |
| listia | 0.04% | 1 |
| bing | 0.04% | 1 |
| on-line virtual visa gift cards | 0.04% | 1 |
| listia credits | 0.04% | 1 |
| other online game currencies | 0.04% | 1 |
| other types of vitual money, similar to facebook credits. like xbox points | 0.04% | 1 |
| ive never used anything but cash to pay for items i wanted | 0.04% | 1 |
| does paypal count? does points from survey sites count? | 0.04% | 1 |
| staples' purchasing units equivalent to canadian dollar on chip | 0.04% | 1 |
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