2% of Americans Trust Facebook’s Libra More Than Bitcoin: Research

Just 2% of Americans trust Facebook’s Libra more than major cryptocurrency Bitcoin (BTC), according to a recent survey by CivicScience.

United States-based polling company CivicScience recently conducted a survey of 1,799 American adults to find out the general trends and public concerns over Facebook’s not-yet-launched cryptocurrency Libra.

According to research results released on July 22, at least 40% of respondents claimed that they trusted Libra less than Bitcoin and other cryptocurrencies such as Ether (ETH) and XRP. 35% stressed that they trust Libra much less than Bitcoin, according to the study.

39% of respondents stated that they were unsure regarding the question, while 5% answered that they trust Libra and Bitcoin about the same.

How much Americans trust Facebook’s Libra compared to Bitcoin

How much Americans trust Facebook’s Libra compared to Bitcoin. Source: CivicScience

77% of Americans do not trust Facebook with their personal data at all

Americans’ attitudes toward Libra are part of a general lack of trust in Facebook regarding how the platform handles personal data. According to the CivicScience research, 77% of Americans do not trust Facebook with their personal data at all, while only 2% trust Facebook a lot.

How Americans trust Facebook with their personal data

How Americans trust Facebook with their personal data. Source: