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According to the Finder’s survey results, 56% of Australians are not aware that Bitcoin’s creator is Satoshi Nakamoto.

According to the Finder's survey results, 56% of Australians are not aware that Bitcoin's creator is Satoshi Nakamoto.

According to Finder’s survey, more than half of Australians think Elon Musk invented Bitcoin. Moreover, over 40% of the respondents were not aware that Bitcoin had a Limited supply.


Finder


Finder is the most visited comparison website in Australia. They surveyed 1004 Australians to find out more about their knowledge of Crypto. According to the survey results, about 56% of Australians are not aware of mysterious Bitcoin creator Satoshi Nakamoto.


Elon Musk

Though Elon Musk is the CEO of Tesla and SpaceX, he is not the founder of the world’s largest cryptocurrency, Bitcoin. Moreover, many respondents did not know that the Bitcoin supplies were limited to only 21 million coins, with 44% thinking that it has an unlimited supply, just like Fiat money.


Finder App

This survey comes in conjunction with the new firm launching a bitcoin trading service through its app. Fred Schebesta, co-founder and CEO of Finder, said that the new service would help Australians move into Crypto.


He also said that they had removed all the complexity, and with the help of the Finder app, Australians can buy a bitcoin in 3 minutes. He also added that they could sign up, enter the details and deposit the money; that’s it. He also made a prediction that the Bitcoin price would hit $250,000 by 2021.

Schebesta


According to Schebesta, the current dip is just a short-term thing. He also added that the price of Bitcoin has moved because China said something or Elon said something, or another government said something.

However, the Crypto market crashed last week following Musk’s announcement that Tesla was suspending BTC payments for the car purchase. In addition, the market tumbled even more, when the CEO hinted about dumping BTC from Tesla’s balance sheet in the second quarter of 2021.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.