Most Americans Don't Know Bitcoin While Some Guess Xbox
Dec. 13 (Bloomberg) -- Some Americans think Bitcoin is an Xbox game, others think it might be an iPhone app, majority have no idea it’s a virtual currency they can use to buy everything from T-shirts to Tesla Motors sedans, according to a Bloomberg National Poll.
* Only 42% of Americans who responded to the Dec. 6-9
telephone survey correctly identified Bitcoin, which has
gained more than 80-fold in value this year as its
popularity expands * Asked to choose from a list, 6% of those polled say they
think Bitcoin is an Xbox game, while another 6% say it’s an
iPhone app; 46% say they have no idea what it is * Telephone survey of 1,004 Americans has margin of error of
plus or minus 3.1 percentage points and was conducted by Des
Moines, Iowa-based Selzer & Co. * Introduced in 2008 by a programmer or group of programmers
under the name Satoshi Nakamoto, Bitcoin gained credibility
after law enforcement and securities agencies said in recent
U.S. Senate hearings that it could be a legitimate means of
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