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Table 2 Descriptive statistics of the samplec

From: User acceptance of social network-backed cryptocurrency: a unified theory of acceptance and use of technology (UTAUT)-based analysis

Age (years)

Relative frequency (%)

Facebook users in Hungary (%)*

IT skills

Mean**

13–17

1.73%

3.30%

The internet is part of my daily life

6.66

18–24

53.58%

17.20%

I regularly use social media platforms (Facebook, Twitter, Instagram)

6.11

25–34

20.74%

23.80%

I regularly use internet banking services

5.76

35–44

10.12%

21.00%

I regularly use online payment methods

4.89

45–54

7.41%

16.20%

I shop regularly on the internet

4.20

55–64

4.20%

10.30%

I monitor changes in online payment options

3.46

65 +

2.22%

8.10%

I regularly use alternative payment services (PayPal, Skrill)

3.18

Gender

Relative frequency (%)

Facebook users in Hungary (%)*

I regularly use mobile wallet services (like Apple Pay

2.31

Male

35%

47%

I have knowledge of cryptocurrencies and how they operate (like Bitcoin, Ethereum)

2.54

Female

65%

53%

I regularly use cryptocurrencies (like Bitcoin, Ethereum)

1.19

  1. *Source: NapoleonCat (2019)
  2. **Respondents indicated their level of agreement with the IT skill statements using a 7-point Likert scale, with a score of 1 corresponding to "Strongly disagree” and a score of 7 corresponding to "Strongly agree.”