According to News.bitcoin, a survey by international online research data company YouGov shows that nearly 15% of Brazilians would consider replacing their bank account functions with cryptocurrency. 14.7% of the respondents are willing to accept this possibility, with 5.7% agreeing to make this decision and 9% inclined to agree with this arrangement. However, over 60% of people still oppose using cryptocurrency instead of banks: 39.7% absolutely disagree, and 21.7% tend to disagree with this idea.
According to David Eastman, Managing Director for Latin America at Yougov, this should serve as a catalyst for banks to change their business dealings with customers. Assuming that these customers do indeed leave, this will affect the revenue of these financial institutions, cutting a significant amount of their income in the process.
