A survey revealed that 33% have ever bought cryptocurrency

49% of Argentines state that the future of money is one of the main concepts they associate with cryptocurrency. Additionally, for 56% the biggest motivation for acquiring cryptocurrency is as a store of value due to the instability of the peso.

consensus is the leading blockchain and web3 software company and conducted a survey to determine what Argentines look like and their relationship with Crypto & Web3. was one conclusion that caught my attention Argentina and Nigeria are the two countries with the greatest motivation to acquire cryptocurrencies as a store of value due to the instability of their local currencies.

So before the motives for buying cryptocurrency: 33% of Argentines mentioned that they once bought cryptocurrencyBitcoin (65%) and Ethereum (41%) were the favourites. For 56%, buying cryptocurrency serves as a store of value due to the instability of the peso. In any case, The main reason to trade cryptocurrencies is curiosity: 62% in Argentina vs. 57% global average;

Regarding ownership of NFTs, 66% of Argentines say they have never obtained an NFTin line with the world number, and 46% confirm that it is likely or very likely that they will do so in the future. next to, 49% of Argentines say that the future of money is one of the main concepts they associate with cryptocurrencyWhile only 15% of Britons and 17% of Germans said the same.

Regarding fraud and fraud concern, 42% of Argentines say they are concerned about scams and scams related to the crypto worldcompared to 19% in the United States and only 12% in Japan. On the other hand, in questions related to carbon footprint, 49% of respondents in Argentina expressed that cryptocurrency is a green technologyThis proportion drops to 25% in France and barely reaches 19% in the United Kingdom;

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in Argentina, More than half of those surveyed do not trust the traditional financial system and nearly 30% think it is necessary to completely transform it, the largest number among all the countries surveyed. In addition, 4 out of 10 believe that the financial system and traditional banking can improve. In 2022, only 2 in 10 respondents agree with this hypothesis.

In Argentina, cryptocurrencies are linked to the future of the new financial ecosystem. Regarding Regulations, nearly 30% believe that cryptocurrencies should be highly regulated, which represents growth compared to the 2022 data (16%), although still well below the global average (42%), primarily driven by countries such as Indonesia (53%) and Vietnam (56%). The majority (38%) favor a regulation that favors investment and protects investors.

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