THE PAVILIONS PHUKET BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
Login | Create Account Poll Currency Weather Facebook Youtube Search

Phuket Poll: Bitcoin, cryptocurrencies gain ground

PHUKET: More than 40% of the people who responded to an online poll by The Phuket News say that Bitcoin and other cryptocurrencies either already should be fully recognised as forms of currency, or should at least be in common use for those who accept payment in them.

economics
By The Phuket News

Monday 5 February 2018, 11:30AM


More than 40% of people in the poll voted in support of Bitcoin and other cryptocurrencies. Photo: Ladislav Mecir

More than 40% of people in the poll voted in support of Bitcoin and other cryptocurrencies. Photo: Ladislav Mecir

The presence of cryptocurrencies continue to expand around the globe, and Phuket is no exception with a range of coins, including Bitcoin, now making their way to our shores.

To this, The Phuket News asked readers in an online poll the simple question, “Do you believe in Bitcoin?” (See story here.)

A full 29% of respondents to the poll voted, “Yes, cryptocurrencies are the future and should be treated just like other “genuine” currencies.”

A further 13% of respondents voted, “Yes, cryptocurrencies have their use as long as people are happy being paid in them, but they are not as useful or safe as traditional currencies.”

However, although support for cryptocurrencies was strong, it still failed to garner the majority of votes cast in the poll, with 31% of respondents voting, “No, cryptocurrencies are nothing like genuine currencies and should not be used – or trusted – at all.”

A further 28% of respondents voted, “No, the idea of Blockchain and cryptocurrencies is good, but the existing coins are far from being suitable for use as currencies.”

The poll ran for two weeks, closing at midnight last night (Feb 4).

To see the full poll results, click here.

If your preferred response was not available, feel free to add it in the comments below.

To see the results of our previous poll “Should tourists’ driver’s licences be recognised as legal?”, click here.

 

 

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

Comments Here:
Comments Left:
# Characters
Username:
Password:
E-mail:
Security:

Be the first to comment.

Have a news tip-off? Click here

 

Phuket community
One dead in ‘Phoenix’ salvage operation

More conjecture. Gotta love all the pathologists on here...lack of oxygen/drowning/ heart stopped......(Read More)


Phuket Vegetarian Festival takes to the streets

RDD2...ahhh...ok, from where does it originate if not Chinese? Probably Afghanistan. PN has produce...(Read More)


Phuket rubbish collector killed in road accident

Scandinavian countries are a good example, the rate of fantasy belief low, hence safety is high. I...(Read More)


One dead in ‘Phoenix’ salvage operation

The simple explanation is there was insufficient oxygen contained in the tank. Big problem when y...(Read More)


VIDEO: An Inside Look at the Phuket Vegetarian Festival

PN, thank you for the inside look at the Phuket vegetarian festival. A professional report!...(Read More)


Phuket rubbish collector killed in road accident

Jor12, re-read the article and your own comment again first, than mine. Than it will make sense. It...(Read More)


Schools to be banned from expelling pregnant students

Primary schools?! And how was it ever ok to kick students out for getting pregnant? These meas...(Read More)


Phuket tsunami evacuation routes under full review

Amazing, the tangle of many dead cables on bangla road ( photo 3) and elsewhere on Phuket. Hello Phu...(Read More)


Schools to be banned from expelling pregnant students

Good regulation ( on paper). Now start to work it out practically before next April. And, Thailand ...(Read More)


Phuket passenger van slams into ice truck

Perhaps just another case of a overworked ( in hours) sleeping Van driver?...(Read More)


 

Melbourne Cup 2018