Today the European Central Bank released a report summarizing the results of its three-month digital euro survey, which attracted 8,221 responses. If faced with a choice of an offline solution for a privacy-oriented digital euro, versus online with innovative and added value services, 53% of citizens prefer offline with another 34% looking for a hybrid approach, and just 13% want online only.
One of the challenges with the central bank digital currency (CBDC) survey results is the degree of variation between countries. For example, in the same question, more respondents said they wanted a hybrid versus offline approach in Italy, Portugal and Latvia. In contrast, other countries were far more definitively in favor of the privacy-centric offline system, such as Germany, Austria, and the Netherlands which all scored more than 60%.
The reason for breaking down the country’s results was partly because Germany dominated the survey responses accounting for a whopping 47% of respondents, with Italy the second highest country at 15%. Men accounted for 87% of all responses.
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