Data: 55% of cryptocurrency holders rarely use Bitcoin for payments, with merchant acceptance and high fees being the main obstacles

A survey conducted by the Bitcoin mining company GoMining among 5,700 respondents shows that over 55% of cryptocurrency holders rarely or never spend Bitcoin, but nearly 80% support broader adoption and believe in BTC as a payment method.

Respondents pointed out that the main factors limiting Bitcoin payments include limited merchant acceptance, high fees, and privacy and security concerns. GoMining CEO Mark Zalan stated: Users want to spend cryptocurrency frictionlessly and earn rewards while spending.

However, Artemis data also shows that monthly transaction volume for crypto cards surged from $100 million at the beginning of 2023 to $1.5 billion by the end of 2025, indicating that payment infrastructure is improving.