Cryptocurrencies such as Bitcoin or Ethereum will not be accepted as a payment method in Germany in by 2020, according to a survey by the Center for European Economic Research (ZEW), Cointelegraph auf Deutsch reported June 14.
As part of ZEW’s monthly financial market report, the research institute polled up to 300 experts from banks, insurance companies, and finance departments of selected large companies. ZEW polled experts on their assessment of whether cryptocurrencies would soon be adopted for everyday payment purposes.