Ninjastic
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Topic
Board Bitcoin Discussion
Re: The difference between Bitcoin and Facebook's Libra
by
GreatArkansas
on 20/06/2019, 02:14:55 UTC
Quote from: Reid on June 19, 2019, 10:41:34 PM
Quote from: MegaAnalysis on June 19, 2019, 08:14:07 PM
Here's a detailed article on this topic by CNBC:

cnbc .com/2019/06/18/the-difference-between-bitcoin-and-facebooks-libra.html

In my view, the biggest difference between Facebook's Libra and the Bitcoin is that while Libra is a Stablecoin, Bitcoin is not!
Libra is Mark's coin. He could take it anytime he want.
Not only for Mark, but also for some other founding members. Mark Zuckerberg or Facebook can't fully control the Libra since there are still some founding member of Libra which is targeted by the Facebook that it could reach more than 100 founding members.

And also did you know that Libra is open-source?
Which the Libra project is open for public. I want to see more upcoming updates on Libra, and also there could be more founding members will be added? Especially how big those companies are coming for Libra.


And counting.....
Quote from: https://techcrunch.com/2019/06/18/facebook-libra/
Facebook says it hopes to reach 100 founding members before the official Libra launch and it’s open to anyone that meets the requirements, including direct competitors like Google or Twitter.