Poll shows Americans trust Bitcoin more than they trust Libra

According to a recent poll by CivicScience, the majority of Americans trust Bitcoin more than they trust Facebook's Libra.

With 86 percent of respondents saying that they weren't interested in Libra at all, it seems that Facebook will have a tough year trying to win over the public.

Ever since Libra was officially announced, Facebook has been fighting a tough battle against regulators in the United States.

CivicScience, a polling company that provides real-time consumer insights, recently published an article detailing the general interest and public concerns surrounding Libra.

According to the survey, out of 1,799 adults, only 5 percent expressed "Any level" of interest in Libra.

On the other hand, 86 percent of respondents said that they weren't interested in Libra at all, while 10 percent still weren't sure what to make of it.

The poll showed that more than half of all the respondents who said they weren't interested in Libra either didn't have or didn't use Facebook.

According to the CivicScience survey, 77 percent of respondents do not trust Facebook "At all," while 21 percent said that they trusted Facebook only "a little."

What did come as a surprise is the fact that 40 percent of Americans said they trusted Bitcoin and other cryptocurrencies more than Libra.

Out of 1,770 respondents, 35 percent said that they trusted Libra "Much less" than Bitcoin, while 5 percent said that they believed LIbra was only "Somewhat less" secure than the world's largest cryptocurrency.