True or false: 91% of surveys about Bitcoin and crypto are totally wrong

True or false: 91% of surveys about Bitcoin and crypto are totally wrong
© Reuters.

When Tony Richards, the Head of Payments Policy at the Reserve Bank of Australia (RBA), read the recent survey results from Finder’s Crypto Report saying that almost one in five Australians owned crypto, he didn\’t believe it for a second.

However, the results had already been widely published around the country, gracing headlines for weeks. They even made their way into the recent Senate Committee on Australia as a Technology and Financial Center’s final report in October.

Is the figure plausible?

Different surveys have estimates 2M people apart

Source: Swyftx, Annual Australia cryptocurrency survey

How many BTC do I need to pay you to say you trust BTC?

What makes a trustworthy survey?

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