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Home News Research News

Only 2.5 percent Americans are willing to use Facebook Libra: Viber survey

Saad B. Murtaza by Saad B. Murtaza
July 27, 2019
in Research News
2 min read
Only 2.5 percent Americans are willing to use Facebook Libra: Viber survey 1
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A recent Viber survey report reveals that only two and a half percent (2.5%) Americans are willing to use Facebook Libra.

Facebook Libra has been the talk of the town – read cryptocurrency sphere and technology world – since day one, but not always for good reasons, actually mostly the bad reasons.

Right from the day of the announcement, Libra faced criticism from different parts of the cryptocurrency sphere, technology experts, security experts, financial officials, financial authorities and governments.

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The latest Viber survey report, however, reveals that the stablecoin project is largely been rejected by the American citizens owing to the bad Facebook track record when it comes to handling privacy. Having partners known to have been hit by data breaches more than once only adds to the problem.

Only 2.5 percent Americans are willing to use Facebook Libra: Viber survey 2

The U.S Survey report reveals that almost fifty percent (49.4%) Americans don’t trust Facebook at all, while over thirty percent (31.8%) don’t know if they would trust Facebook.

Interestingly enough, almost fourteen percent (13.9%) respondents said that they would not use Libra for any kind of payments.

On the other hand, only a hand full of the respondents were in favour of Facebook and the Libra project. Less than two and a half percent (2.4%) still trust Facebook with their information. While two and a half percent (2.5%) are willing to use Facebook Libra.

The situation is not getting any better owing to the plethora of scam websites and even Facebook pages that are littering on the Facebook platform impersonating either the Libra coin, Calibra official Facebook wallet or a prelaunch page.

Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

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