45% Britons in Bitcoin Ban favour

A recent survey suggests that a huge volume of Britons would like to see Bitcoin Ban to protect environmental health.

Recently a survey was conducted by YouGov, a British data analytics firm. The poll result showed strange facts by different age groups of the British region. 

According to the poll, around 63% of the respondents are in favour of bitcoin ban. This 63% of people belong to the age group of 65 years. 

45% Britons in Bitcoin Ban favour 1
Image by yougov.co.uk

If we look at the bitcoin adoption or we can see bitcoin favoured respondents, then there are a total of 21% people from the 18 to 34 year age group. 

If we look at the poll result from the point of view of gender. Then there is double the volume of women over men to favour the Bitcoin ban. 

Bitcoin ban to support Environmental health 

This poll was conducted only in favour of health environment support. So here no other facts are involved like financial advancement of future economic issues because of Bitcoin or crypto. So this poll doesn’t indicate that the poll wants to support the bitcoin ban.

However, it is worth noting that Bitcoin is raising issues for the environment and probably the whole bitcoin community needs to work against Bitcoin’ Proof-of-work consensus to make it efficient or shift to POS. 

In the last few years, many crypto projects shifted to Proof-of-stake consensus to get better efficiency. Even Ethereum Co-founder Vitalik Buterin decided to shift Ethereum from POW to POS consensus.

Experts of the crypto industry believe that, if we will not be able to bring high efficiency in transactions from the point of transaction fees and less consumption of electricity then there are huge chances that the existence of bitcoin like assets will an issue for the health of the environment and in that situation, current flagship assets like Bitcoin & Ethereum will not be able to fight with other consensus-based crypto assets.

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