Survey Reveals Bitcoin Holders Rarely Spend Cryptocurrency

A recent survey by Bitcoin mining company GoMining indicates that over 55% of cryptocurrency holders rarely or never spend Bitcoin. According to ChainCatcher, nearly 80% of respondents support broader adoption and believe in Bitcoin as a payment method. The survey participants identified limited merchant acceptance, high fees, and privacy and security concerns as the main barriers to Bitcoin payments. GoMining CEO Mark Zalan noted that users desire a seamless experience when spending cryptocurrency and wish to receive rewards for their expenditures source: https://www.binance.com/en/square/post/35364678877578?utm_source=BinanceNewsRSS