Most Crypto Holders Want to Pay with Bitcoin but Rarely Do, Survey Show
Over half of crypto holders still can’t use Bitcoin for everyday payments, even though many want to.
A new survey conducted by Bitcoin mining firm GoMining and shared with The Defiant found that more than 55% of the 5,700 respondents rarely or never spend Bitcoin. However, nearly 80% of them support broader adoption and say they believe in BTC as a payment method.
Bitcoin spending hurdles. Source: GoMining
When asked what holds them back, respondents pointed first to limited merchant acceptance, cited by 49.6%. High fees followed at 44.7%, with price swings close behind at 43.4%.
“Users told us they want to spend crypto without friction and earn something back when they do,” said Mark Zalan, CEO of GoMining.
According to the survey’s results, privacy and security ranked highest as reasons to use crypto, at 46.4%, followed closely by rewards and discounts at 45.4%.Lower fees topped the list of what users want most from Bitcoin payments, cited by 62.6%, alongside rewards or cashback and wider merchant acceptance.
Spending categories. Source: GoMining
For those who do spend their crypto, respondents said they would most likely to use crypto for gaming (37.7%), followed by gifting (21.1%) and daily purchases (26.4%) and then high-value or luxury items.
While Bitcoin payments still face hurdles, stablecoin payments are already seeing faster adoption. As The Defiant previously reported, crypto-linked cards are becoming a key channel for stablecoin use, with annualized volumes now approaching those of peer-to-peer on-chain transfers.
In a recent research report, blockchain analytics platform Artemis found that monthly crypto card volume surged from about $100 million in early 2023 to more than $1.5 billion by late 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NEWMARK GROUP INC <NMRK.O>: KBW CUTS TARGET PRICE TO $16 FROM $17.50
NEWMARK GROUP INC : KBW CUTS TARGET PRICE TO $16 FROM $17.50
VALERO ENERGY CORP <VLO.N>: JEFFERIES CUTS TARGET PRICE TO $394 FROM $401
VALERO ENERGY CORP : JEFFERIES CUTS TARGET PRICE TO $394 FROM $401
Gold prices rise Rs 1,500/10g; silver up Rs 3,100/kg ahead of US economic data, softer yields. Buy, sell or hold?
The Shopify Stock Rally Isn't Done: Chart of the Week -- Barrons.com
By Doug Busch Shopify is no longer a pandemic-era growth story that simply failed to slow down. It is compounding at a pace few software platforms its size still manage. In the second quarter of 2026, sales on its platform rose 32%. That was the fifth straight quarter of growth exceeding 30%. Merchants are also using more of Shopify's own tools, from payments to Shop Pay, and new channels like AI shopping agents are starting to increase demand. The simple bull case is that the stock already commands a huge share of independent online commerce, and that position should become more valuable as more buying moves through its checkout. A rule of market mechanics is that the vast majority of an individual security's gain is driven by its underlying sector. Within technology, software has staged a robust recovery, joining semiconductors to power the broader sector higher. The iShares Expanded Tech-Software Sector ETF has maintained an upward trajectory since its mid-April lows, though the advance from $74 to $112 has been choppy as bulls repeatedly stepped in to defend when necessary. Breadth across large-cap software has expanded significantly, with 24 constituents surging over 20% over the past three months. During that same three-month window, Shopify generated outstanding relative strength, advancing 36%, more than doubling the IGV's 17% gain over the same period. Expect the stock's outperformance to persist as software momentum broadens. Let's examine the daily and monthly charts to outline the technical drivers behind this thesis. Looking at the daily chart, the ratio chart against the IGV shows persistent outperformance extending back to mid-May. The stock is riding an eight-session winning streak, during which price action cleared a double-bottom-with-handle pivot at $151.39. Within this broader base, the stock recorded a bullish golden cross in late August and successfully filled its Sept. 10 price gap, tracing back to its Aug. 4 session, the day before a powerful earnings reaction sent the stock surging 17% hi
Crypto prices
More
