Survey Reveals Consumer Preferences for Payment Methods in Europe, UK, and US

According to BlockBeats, a survey conducted by Deutsche Bank in March this year involving 4,850 consumers from Europe, the United Kingdom, and the United States reveals that cash is not likely to disappear soon. The majority of respondents indicated a preference for using debit or credit cards over Central Bank Digital Currencies (CBDCs). Specifically, 44% of those surveyed expressed a preference for cash over CBDCs. Only 16% of respondents believe that CBDCs will become mainstream. Additionally, 31% of participants stated they prefer using cryptocurrencies managed by central banks or governments, while just 21% indicated a preference for private cryptocurrencies like Bitcoin (BTC).