EPL Prediction Competition 2018-2019 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.”

Thailand Property Awards

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
Phuket officials concerned over tourist drug users, ‘epidemic’ in Patong

Hey,V-G needs some press attention? He better fight the drugs supply to Phuket instead of talking ab...(Read More)


Phoenix tour boat owner to fight charges, renounces confession

I would be nice when thai Authorities tell public who the real owner of the Phoenix is. That 26 year...(Read More)


Chinese tourist drowns at Nai Harn

Red flags all over at every beach. Now, does that mean lifeguards are dismissed from responsibiliti...(Read More)


Phoenix tour boat owner to fight charges, renounces confession

Mr Nipit has some funny ideas about the law. Actions after the event do not mitigate responsibility ...(Read More)


New Phuket Governor announced, starts role Oct 1

How long was the last one here? Feels like about a year, which would be about the same as all his pr...(Read More)


New Phuket Governor announced, starts role Oct 1

I wish the new governor great success in his upcoming difficult position. I would also like him to b...(Read More)


Chinese tourist drowns at Nai Harn

Of course it of utmost importance to state that "red flags were posted" so the blame goes ...(Read More)


Reach of the ancient empire. Were the Greeks or Romans in Phuket or the Peninsula?

I visited Egypt in 87. The statues and paintings did not look like present day Egyptians. When in T...(Read More)


Hope floats to raise the Phoenix

Probably can't swim either. ...(Read More)


Phuket Opinion: Never look back, never learn

Christy, this is Thailand. The worst punishment would be transferred to an inactive post. I know. Ha...(Read More)