00000nam 2200000za 4500 9.848573 CaOODSP 20241009135914 cr ||||||||||| 171211s2017 oncd obs f000 0 eng d CaOODSP eng eng fre n-cn--- FB3-5/2017-56E-PDF Henry, Christopher S. Bitcoin awareness and usage in Canada [electronic resource] / by Christopher S. Henry, Kim P. Huynh and Gradon Nicholls. [Ottawa] : Bank of Canada, 2017. iii, 36 p. : col. charts. Bank of Canada staff working paper, 1701-9397 ; 2017-56 "December 2017." Includes bibliographical references (p. 18-20). “There has been tremendous discussion of Bitcoin, digital currencies and FinTech. However, there is limited empirical evidence of Bitcoin’s adoption and usage. We propose a methodology to collect a nationally representative sample using the Bitcoin Omnibus Survey (BTCOS) to track the ubiquity and usage of Bitcoin in Canada. Furthermore, we construct a test of Bitcoin characteristics to gauge the level of knowledge held by respondents who were aware of Bitcoin, including actual owners. We find that knowledge is positively correlated with Bitcoin adoption. We attempt to reconcile the difference in awareness and ownership by decomposing the transactional and store-of-value motives for holding Bitcoin. Finally, we conclude with some suggestions to improve future surveys on digital currency, in particular, to achieve precise estimates from the hard-to-reach population of digital currency users"--Abstract, p. ii. Includes abstract in French. gccst Digital currency gccst Statistics gccst Surveys Huynh, Kim P., 1974- Nicholls, Gradon. Bank of Canada. Staff working paper (Bank of Canada) 1701-9397 ; 2017-56 (CaOODSP)9.806221 PDF 1.20 MB https://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-5-2017-56-eng.pdf