Over half of the respondents in the Philippines have used or owned cryptocurrency. This shows a clear level of familiarity and engagement with digital currencies. This level of adoption suggests that cryptocurrency has gained traction and is becoming a part of the financial landscape in the country. However, nearly of the population remains uninterested or uninformed, highlighting a significant barrier to widespread adoption. Overall, while cryptocurrency has gained traction, many individuals still face challenges like lack of understanding, trust issues, or unfamiliarity with the technology.
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