Before I present these initial compiled results, I would like to thank everybody who participated and made this little project of mine a big success! Also, I would like to thank those who donated for their generosity.
So, these are just some basic compilations of the answers I received for each question. If anybody has more experience analyzing this sort of data, I'm working on putting together an Excel file listing each of the individual responses in case you want to run anything more in-depth.
I'll just initially post the results for you all to see while I work on adding some commentary.
(This table might be a bit hard to read... Sorry..)
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Question 1: | | |
What country do you live in? | | |
| | |
Answer | # | %
|
United States | 72 | 38.9%
|
United Kingdom | 18 | 9.7%
|
Canada | 14 | 7.6%
|
Germany | 8 | 4.3%
|
Australia | 7 | 3.8%
|
Netherlands | 5 | 2.7%
|
Norway | 5 | 2.7%
|
Belgium | 4 | 2.2%
|
Finland | 4 | 2.2%
|
France | 4 | 2.2%
|
Poland | 4 | 2.2%
|
Other (European) | 28 | 15.1%
|
Other | 12 | 6.5%
|
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Question 2: | | |
How old are you? | | |
| | |
Answer | # | %
|
Under 18 | 12 | 6.5%
|
18 - 24 | 51 | 27.6%
|
25 - 30 | 56 | 30.3%
|
31 - 40 | 46 | 24.9%
|
41 - 50 | 13 | 7.0%
|
51 - 60 | 5 | 2.7%
|
Over 60 | 2 | 1.1%
|
| | |
Question 3: | | |
What is your gender? | | |
| | |
Answer | # | %
|
Male | 171 | 92.4%
|
Female | 9 | 4.9%
|
N/A | 5 | 2.7%
|
| | |
Question 4 | | |
What is the highest level of education (or its equivalent) that you have completed? | | |
| | |
Answer | # | %
|
Some secondary education (High School) | 22 | 11.9%
|
Completed secondary education | 16 | 8.6%
|
Some higher education (College, Vocational training, etc) | 54 | 29.2%
|
Completed 2-Year Degree | 10 | 5.4%
|
Completed 4-Year Degree | 48 | 25.9%
|
Graduate level study (Masters, Ph.D., M.D., J.D.) | 35 | 18.9%
|
| | |
Question 5 | | |
If employed, what would best describe the field you work in? | | |
| | |
Answer | # | %
|
Internet and Computer Technology | 72 | 38.9%
|
Student | 50 | 27.0%
|
Not employed | 12 | 6.5%
|
Services | 12 | 6.5%
|
Government | 9 | 4.9%
|
Construction | 5 | 2.7%
|
Finance, Insurance and Real Estate | 5 | 2.7%
|
Retail and Wholesale Trade | 5 | 2.7%
|
Manufacturing | 2 | 1.1%
|
Transportation | 2 | 1.1%
|
Agriculture, Energy and Mining | 1 | 0.5%
|
Health Care | 1 | 0.5%
|
Other | 9 | 4.9%
|
| | |
Question 6: | | |
What term would best describe your political views? | | |
| | |
Answer | # | %
|
Very Conservative | 4 | 2.2%
|
Conservative | 11 | 5.9%
|
Centrist | 9 | 4.9%
|
Liberal | 35 | 18.9%
|
Very Liberal | 16 | 8.6%
|
Libertarian | 67 | 36.2%
|
Apolitical | 17 | 9.2%
|
None of the above | 26 | 14.1%
|
| | |
Question 7: | | |
How did you first hear about Bitcoin? | | |
| | |
Answer | # | %
|
Online media (Blog, podcast, Wikipedia, etc.) | 116 | 62.7%
|
Word-of-mouth (Direct, social media, etc.) | 44 | 23.8%
|
Internet search | 15 | 8.1%
|
Mainstream media (Newspaper, magazine, television, etc.) | 7 | 3.8%
|
Other | 3 | 1.6%
|
| | |
Question 8: | | |
Approximately how long ago did you first hear about Bitcoin? | | |
| | |
Answer | # | %
|
In the past month | 5 | 2.7%
|
1 - 3 months ago | 5 | 2.7%
|
3 - 6 months ago | 6 | 3.2%
|
6 - 12 months ago | 37 | 20.0%
|
1 - 2 years ago | 112 | 60.5%
|
2 - 3 years ago | 16 | 8.6%
|
Over 3 years ago | 4 | 2.2%
|
| | |
Question 9: | | |
How do you use Bitcoin? (check all that apply) | | |
| | |
Answer | # | %
|
Buying goods or services online | 106 | 57.3%
|
* Internet Services (VPN, server hosting, etc.) | 46 | 24.9%
|
* Technical or creative work (programming, web design, etc) | 29 | 15.7%
|
* Entertainment (Music, games, etc.) | 39 | 21.1%
|
* Clothing, Artwork, Other Crafts | 19 | 10.3%
|
* Electronics or computer hardware | 35 | 18.9%
|
Direct (face-to-face) trade | 32 | 17.3%
|
Gambling | 64 | 34.6%
|
Lending or Borrowing | 34 | 18.4%
|
Donating to non-profit organizations | 68 | 36.8%
|
Using as a store of value (comparable to gold) | 141 | 76.2%
|
Other (Speculation, Investment) | 8 | 4.3%
|
Other | 18 | 9.7%
|
| | |
Question 10: | | |
How have you obtained most of your Bitcoins? (check all that apply) | | |
| | |
Answer | # | %
|
Purchasing in exchanges | 129 | 69.7%
|
Mining | 92 | 49.7%
|
Selling goods | 23 | 12.4%
|
Providing services | 24 | 13.0%
|
Other (Gifts, donations, promotions, etc) | 8 | 4.3%
|
Other | 7 | 3.8%
|
| | |
Question 11: | | |
Why do you use Bitcoins? (check all that apply) | | |
| | |
Answer | # | %
|
Convenience | 104 | 56.2%
|
Low transaction costs | 107 | 57.8%
|
Ease of international transfer | 96 | 51.9%
|
Potential for anonymity | 110 | 59.5%
|
Ideological or political reasons | 131 | 70.8%
|
Opportunity for profit | 135 | 73.0%
|
Other (Fun, curiousity, excitement, etc.) | 9 | 4.9%
|
Other | 10 | 5.4%
|
| | |
Question 12: | | |
In your opinion, what are the greatest problems with Bitcoin? (check all that apply) | | |
| | |
Answer | # | %
|
Security (Website hacks, etc.) | 74 | 40.0%
|
Scalability (Growing block-chain size, etc.) | 76 | 41.1%
|
Speculation | 30 | 16.2%
|
Slow transaction times | 44 | 23.8%
|
Difficulty of exchange with other currencies | 73 | 39.5%
|
Difficulty of use for non-technical users | 114 | 61.6%
|
Negative outside perception | 84 | 45.4%
|
Other | 17 | 9.2%
|
| | |
Question 13: | | |
Overall, would you consider yourself to be optimistic about the future of Bitcoin? | | |
| | |
Answer | # | % |
Optimistic | 156 | 84.3%
|
Neutral | 26 | 14.1%
|
Pessimistic | 3 | 1.6%
|
| | |
Question 14: | | |
And finally, would you be willing to participate in another survey sometime in the future? | | |
| | |
Answer | # | %
|
Definitely | 92 | 49.7%
|
Maybe | 84 | 45.4%
|
Probably not | 9 | 4.9%
|
| | |
Bonus Information | | |
How many responders accepted the 0.02 BTC gift? | | |
| | |
Payment Accepted | # | %
|
Yes | 145 | 78.4%
|
No | 40 | 21.6%
|