/Third of Brits Link “Cryptocurrency” with Funeral Financing | by | Investing.com

Third of Brits Link “Cryptocurrency” with Funeral Financing | by | Investing.com

Third of Brits Link “Cryptocurrency” with Funeral Financing

intY, a cloud services distributor in Britain, has conducted a survey among regular people to find out about their knowledge of certain terms often used in the technology world.
The results showed that 36% of the 2,000 poll participants thought of cryptocurrencies as something related to funeral financing.
“What is the blockchain?” was a question to which 41% answered by saying it was another word for the old style of toilet tank that hung up on a wall and had a pull chain flushing mechanism.

intY then asked the participants what HTML is, to which 23% answered that it is messenger slang for “Hi There My Love.”
Upon seeing these staggering results, intY came up with a “Dictionary of Computing” that it released to clear up any confusion over modern IT terms.

“We know the world of IT and computing can be complex, but we think our Dictionary of Computing jargon-buster might help people struggling with a few technical words and phrases we in the industry probably take for granted,” CEO Craig Joseph told Mirror.

The fact that a vast proportion of answers were so specific indicates this survey was a sort of multiple-choice test in which some participants may have instinctively chosen a few of these incorrect answers
However, the survey also indicates that a solid chunk of the British public is unaware of some of the simpler IT jargon that many people involved in spaces like the cryptocurrency market use on a daily basis.
Coming up with newer terms might alienate more of the public.
Things appear to be more or less similar across the pond. A survey by COBINHOOD showed that only half of Americans polled knew what a cryptocurrency is. The rest made wild guesses, for example saying this is the technology behind debit and credit cards.This article appeared first on Cryptovest

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