Bitcoin News Is Not For Sale

Please don’t skip this message — it only takes a few minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent media that is bitcoin-only is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 won’t break you, we hope.

To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send a Sats as a tip to a writer. Each and every one of our writers has an active tipping widget.

  • Join our campaign on Awesome perks are waiting for you such as the Bukele Blend Coffee.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

Irish Crypto Use up 300% in 4 Years

written by

Irish Crypto Use up 300% in 4 Years

Support free journalists: > send a tip

A poll conducted by Amarach Research and Red Flag has found that 120,000 Irish citizens now own cryptocurrency, up 300% in four years. The study also found that 180,000 Irish citizens have traded or used Bitcoin at some point and that public sentiment in Ireland towards Bitcoin is shifting from suspicion to curiosity.

About 85% of Irish citizens currently know about Bitcoin according to the study, a major increase from less than 50% during a 2014 Amarach poll. some 44% of Irish citizens who own cryptocurrency own Bitcoin, making it the most popular cryptocurrency in Ireland, while 30% own Litecoin and 27% own Ethereum.

However, the study also found Irish citizens have almost no understanding of how cryptocurrencies work, with 75% having never heard of blockchain. Out of the 25% that have heard about blockchain, 40% knew very little about it. Clearly, there is a lot of work to be done to educate Irish citizens about blockchain technology.

The study found that millennials, aged 25-34, are most optimistic towards cryptocurrency and are three times more likely than any other age group to own cryptocurrency. Also, there is slightly more interest in cryptocurrency from men than women.

The poll surveyed 1,000 Irish citizens over the age of 16 and is the first in a series of polls examining the extent to which Irish citizens are embracing new financial innovations.

The chairman of Amarach, Gerard O’Neill, said increased curiosity towards cryptocurrency is creating ideal conditions for widespread adoption in Ireland, but there is still a long way to go. Indeed, there are over 6.5 million people in Ireland, so according to Amarach only about 3% of Irish citizens have ever used cryptocurrency.

Meanwhile, the government of Ireland is regulating cryptocurrency and keeping it legal. Ireland’s Revenue Commissioners released a cryptocurrency tax code that treats cryptocurrency as capital gains.


Follow on Twitter at

Telegram Alerts from at

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter