Unsurprisingly, most people don't know much about cryptocurrencies

Thanks in no small part to Bitcoin's incredible performance this year, as it rose from about $1,000 on January 1 to well over $17,000 this month, more and more people are starting to talk about cryptocurrencies these days. But what exactly do folks know about this market? As it turns out, not a whole lot. According to Ditto's 2017 Cryptocurrency Public Knowledge Report, the vast majority are not familiar with cryptocurrencies, nor do they know what an initial coin offering (ICO) is. That's not surprising and neither are the conflicting perceptions. Of the 500 respondents to the survey, over a… [Continue Reading]