There you are, going about your day, minding your own business when a person with a Deutsche Bank clipboard seizes your attention and makes you take a survey about crypto.
You tell them you know little or nothing about crypto.
They keep asking questions anyway.
They ask: Is crypto a commodity? Or an alternative asset? Or store of value? Or a replacement for cash? Or a mechanism for card transactions?
Yes, you answer.
This crypto thing sounds pretty important!
They ask: do you think that in the future it’s going to be pretty important?
Yes, you answer.
They ask: is bitcoin going to thrive or fail?
Yes, you answer.
They ask: will there be another big crypto flameout and if so, when?
Yes, you answer. Or no. Don’t know. Probably. Sometime. Eventually. How many more of these are there?
They ask: what’s the right year-end price for a bitcoin?
Since they’ve already established that you don’t know much about crypto, it’s a difficult thing to guess. You answer yes to the first one:
You ask: why?
“We’re running a survey so we can use the data in a presentation deck to institutions about changing consumer perceptions of crypto,” says the person with the Deutsche Bank clipboard. “Don’t worry, we’ll make sure the headline is fully representative of the strength of opinions expressed.”
Further reading: — Bitcoin: not for everyone (FTAV) — American Voices (The Onion)