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Bitcoin Plagued By Ignorance And Apathy – A Buying Opportunity?

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HFA Staff
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In a street survey conducted by MarketWatch’s Saumya Vaishampayan on how much the common man is aware of bitcoin, the digital currency, some of the comments make for interesting reading:

“Shady”

“A currency of no country in particular – everything in the future”

“Not legitimate”

“You can do shady stuff on the Internet with it”

“Not backed up by something real like gold”

“Not something that I would use as a currency”

Negative perception

Clearly, bitcoin is viewed rather negatively by the average American. In addition, it appears that the common man is ignorant of bitcoin’s status as a leading cryptocurrency; even, possibly, what the latter term really means.

Recent developments in bitcoin-land have not helped. Premium bitcoin exchange Mt. Gox folded up in February after it found...

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