Ownership and purchase intention of crypto-assets – survey results

Arbeitspapier

The paper employs a survey among Austrian households to study ownership and purchase intentions of crypto-assets. About 1.5% of Austrians own crypto-assets and about 5% can be viewed as potential adopters. Owners, on average, have higher financial knowledge and are more risk-tolerant than non-owners. Distrust in banks or in conventional currencies is not found to be an important driver of ownership. Intentions to adopt are strongly affected by profit expectations and by beliefs that crypto-assets offer advantages for payments – most adopters or potential adopters hold both beliefs. Perceptions of high volatility or the risk of fraud and online theft dampen the demand for crypto-assets.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 226

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Consumer Economics: Empirical Analysis ; Household Saving; Personal Finance ; Portfolio Choice; Investment Decisions ; Demand for Money
• Thema: crypto-currencies ; crypto-assets ; Bitcoin ; payment ; trust ; financial literacy ; risk ; consumer survey

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Stix, Helmut
• Ereignis: Veröffentlichung
• (wer): Oesterreichische Nationalbank (OeNB)
• (wo): Vienna
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/264818
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ