Only 2.3% of Americans would trust bitcoin to send funds overseas in an emergency, according to a new survey by the Digital Currency Council.
By contrast, 30.3% of the 750 "regular Americans" sampled would trust their banks to make international transfers.
23% of the people surveyed said that they would use Western Union, whilst 22% thought Paypal was more trustworthy.
would be used by 6% and the Postal Service by 10% of those questioned.
Commenting on the results, David Berger, CEO of the Digital Currency Council, which runs a series of 'Pulse Reports' on public perceptions of digital currency, said:
He concluded that earning consumers' trust would be critical to driving the widespread adoption of bitcoin.
Interestingly, 37.2% of those surveyed said that they would not trust any of the aforementioned money transfer options.