Week 7: Trust & Risk — How Bitcoin Stacks Up

Across 25 countries, trust in bitcoin averages 4.67/10, placing it below traditional assets such as gold and real estate.

🔸 In 10 countries, reported trust in bitcoin exceeds trust in government (including 🇧🇷 Brazil, 🇳🇬 Nigeria, 🇹🇷 Turkey, 🇺🇦 Ukraine).

🔸 Perceived risk remains high relative to most other assets, which may constrain broader adoption.

🔸 Responses to questions about fraud, privacy, and service providers were dominated by “neutral,” suggesting uncertainty rather than clear endorsement or rejection.

🔸 Higher reported financial stress often coincides with higher levels of bitcoin ownership and trust, though correlation does not imply causation.

Overall, bitcoin’s position is shaped less by uniform acceptance or rejection and more by patterns of uncertainty, comparative trust, and local economic context.

📙 Read Week 7 and download all charts here: https://www.cornellbitcoinclub.org/repository/week7

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