Cryptocurrency | Only 2% of Americans People believe in Libra Coin


In the world of technology, it is not unusual for many new technologies to be opposed and hated by various groups. However, all of that will slowly fade with the large adoption of the technology itself. For example Bitcoin: Bitcoin was initially challenged because it was difficult to control and was misused a lot, but Bitcoin slowly began to be popular and accepted by various groups, whether regulators, corporations, communities, and others, although it is still debated.

In June, Facebook through its subsidiary, Libra, launched Stablecoin Libra to the public, enabled to send money across borders without the need for banks and facilitate the purchase of goods and services. The plan is that Libra Coin will be integrated into Facebook, Messenger, WhatsApp, and Instagram applications, and possibly other applications.


According to a survey conducted by CivicScience about what the public thinks about Libra, Facebook, and Cryptocurrency in general.

The survey included 1,799 respondents from America, and the results of the survey said 40% would believe less on the existing cryptocurrency, 19% believed equally, 39% were unsure, and 2% believed Libra more than cryptocurrency.

Respondents were also asked about how much they trusted social networks with their personal information, 77% said "not at all", 21% said "little", and 2% said "a lot".


Although this data is undeniable that the public does not trust Facebook, it may be a reference to see that almost no one trusts Facebook, possibly due to privacy issues.


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Cryptocurrency | Only 2% of Americans People believe in Libra Coin Cryptocurrency | Only 2% of Americans People believe in Libra Coin Reviewed by sheffter on July 26, 2019 Rating: 5

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