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Finding Details Over 40% of bitcoin owners answer incorrectly or are uncertain about the basics of how bitcoin works.

Sample size

  • 1,843

Initiative

Collection dates

  • December 01, 2022 to December 30, 2022

Adopter

Related priorities

This finding relates to the following National Financial Literacy Strategy priorities and target outcomes: 

Priority 1

Communicate in ways people understand

  • Target outcome 1.1
Related headlines
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Related measures

The measure(s) below make up the Strategy-Aligned Measure (SAM) used to generate this finding. Please note that some SAMs require the use of multiple measures, while others work as a standalone measure. Refer to the Measures Library for more details.

Related

Please indicate whether the following statements about Bitcoin are true or false. If you are unsure, please select ‘Don’t know’ - The total supply of Bitcoin is fixed.

  • True
  • False
  • Don't know
Related

Please indicate whether the following statements about Bitcoin are true or false. If you are unsure, please select ‘Don’t know’ - All bitcoin transactions are recorded on a distributed ledger that is publicly accessible.

  • True
  • False
  • Don’t know
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The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.

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