Young Future Economists’ Perception of Cryptocurrencies and the Motives for their Purchase

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F19%3A00111390" target="_blank" >RIV/00216224:14560/19:00111390 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Young Future Economists’ Perception of Cryptocurrencies and the Motives for their Purchase
Original language description
Cryptocurrencies represent one of the most innovative financial assets in recent years. The attitude to cryptocurrencies can vary, as well as the motives for their purchase. The aim of the paper is to find out and analyse the perception of young future economists of cryptocurrencies and their motives for purchasing them. For this purpose, an online questionnaire survey was conducted among economists aged 19-35 years in May 2019. A total of 269 responses were obtained and evaluated using descriptive statistics and statistical methods of linear regression and analysis of variance (ANOVA). The results show that 44.98% of respondents perceive cryptocurrencies as speculative assets, 23.79% as a medium of exchange, 21.93% as investment assets and 8.92% as an informal economy instrument. Out of all respondents, 31.22% purchased or intends to purchase cryptocurrencies – most of them for the reason of cryptocurrency value and its future development.
Czech name
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Czech description
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Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Reviewed proceedings of the International Masaryk Conference for PhD. Students and Young Researchers 2019
ISBN
9788087952313
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
397-406
Publisher name
MAGNANIMITAS
Place of publication
Hradec Králové, Czech Republic
Event location
Praha
Event date
Jan 1, 2019
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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