Russians Prefer Bitcoin To Gold Forex

Russians Prefer Bitcoin To Gold Forex



Bitcoin is becoming increasingly popular in Russia, a survey found. The Russian Association of Currency Brokers (AFD), a local self-regulatory organization that focuses on the foreign exchange (forex) market, surveyed Russian investors to gauge their perception of Bitcoin and cryptocurrencies. AFD found that the vast majority of those surveyed said they prefer bitcoin to gold and forex.

Nearly 77% of those polled in the survey said Bitcoin and cryptocurrencies are the “most forward-looking” investment on their radar. That contrasts to gold, which was picked as the best investment by only 8.8% of those surveyed. At slightly higher preference rates sit “familiar national currencies,” which amassed around 14% of those that undertook the survey.



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