Copy link
Increase text size
Decrease text size
Link copied

Americans trust bitcoin more than Facebook's Libra: Survey

Sat, 27 Jul 2019, 05:45 am UTC

Only 2% of Americans trust Facebook’s upcoming cryptocurrency Libra and project wallet Calibra more than major cryptocurrency Bitcoin, according to a recent study by CivicScience.

The polling company carried out a survey of 1,799 American adults to determine the general trends and public concerns over the controversial Libra since its whitepaper was released last month.

Results revealed that around 40% of participants said that they trusted Libra less than Bitcoin and other cryptocurrencies. In addition, 39% claimed they were not sure about the question, whereas 19% revealed that they trust both cryptocurrencies about the same.

Meanwhile, the survey also found that the majority of people do not trust Facebook with their own personal data, and only 2% said they trust the social networking site a lot.

Moreover, most of the participants are not interested in the forthcoming Libra and Calibra. Only 5% expressed interest, and this small group reportedly comprises young people aged between 18 and 24 years.

Just recently, a Twitter thread by crypto trading platform The TIE found that the United States accounted for almost 40% of the total bitcoin tweets, followed by the United Kingdom, Canada, Turkey, and Australia. Of the bitcoin-related tweets, 61.5% were expressed in an “extremely positive” tone.

The United States also topped the survey for the country that has expressed more interest with Libra at 43.8% compared with bitcoin at 39.8%. However, Libra-related tweets are in a more positive tone in the United Kingdom than the United States and France.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,656.17 (-0.35%)
  • Ethereum (ETH) $166.88 (+0.68%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $342.72 (+2.63%)
  • Bitcoin SV (BSV) $302.20 (+11.06%)
  • Bitcoin (BTC) $8,656.17 (-0.35%)
Jan 17, 2020 (Friday)
13:42
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:42
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:50
Crypto dealer SFOX announces new service for investors and wealth managers
11:10
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
10:09
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
10:08
Crypto exchange Gemini launches own insurance company "Nakamoto"
09:29
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
08:55
Huobi joins Blockchain Turkey Platform (BCTR)
08:21
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
07:38
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
07:01
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
07:01
U.S. lawmakers seek tax exemption for crypto transactions under $200
06:19
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
05:56
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
04:46
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
04:27
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
04:21
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
13:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:51
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:21
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft