Bitcoin is still a novelty and hasn't achieved widespread adoption as a currency, but some believe Millennials will be more open to using it. A new survey from Goldman Sachs Global Investment Research indicates that Millennials have mixed feelings about Bitcoin so far. 

A slight majority 51% haven't used Bitcoin, and don't plan to use it in the future.  However, a solid 27% have used Bitcoin before.Twenty-two percent are active users, and another 5% have tried it before but don't plan to adopt it again.  The final chunk 22% haven't used it but might in the future. 

This story was originally sent to thousands of professionals in the PAYMENTS industry in this morning's PAYMENTS INSIDER newsletter. You can join them -- sign up for a FREE trial now

 The high percentage of Millennials in the survey that say they use Bitcoin deserves some skepticism considering that there are only about 6.5 million Bitcoin wallets in the world the survey implies that some 16 million US Millennials have used Bitcoin. 

Bitcoin activity is relatively small globally. Only 4 to 8% of Bitcoin wallets contain bitcoins the rest are empty. And global daily Bitcoin-based retail sales are an estimated $2.3 million, which would represent just .015% of total daily retail sales in the US ($15 billion), according to data acquired by Reuters. 

Find this article interesting? You can get it delivered to your inbox every weekday morning. Get the jump on your competitors. Try it for FREE now

See Also:

Here's what happened in payments this weekWhat millenials would do with additional fundsTHE E-COMMERCE DEMOGRAPHICS REPORT: Men are actually more likely to shop on mobile than women