Quote from: sngwinner on June 23, 2019, 12:30:24 PM

This reason alone cannot be enough to say btc has failed. Sometimes we wish BTC is more scalable but that does not mean we should despise all the other functions and say byc is a failure.
Moreover, failure to me is individually defined and so such individuals can keep on riding on the fact that BTC is a failure and refuse to jump in

This article's take on Libra, the Facebook coin is kinda bleak. This is just the first step in the war against, open protocol electronic currency.

The catch is with Libra, the fast transactions and that speed advantage and the user base of Facebook will make for interesting times indeed!

I myself, am wondering, IF, BTC will continue to be a 'store of value' under such a shadow. I mean how hard can it be for Facebook to say, keep so much Libra

and you will get a % interest paid out on Libra and/or staking? The $10 million dollar node setup for Libra (see article link below) means ALL transaction fees, etc goes to the operator of the

$10 million dollar nodes. Like Visa and Mastercard.

So, we knew this was coming, but I wonder if anyone in the crypto world and/or the bitcoin devs or altcoin devs (of any flavor) really can compete and/or compensate

promoting BTC or whatever against this juggernaut?

https://hackernoon.com/libra-a-cyberpunk-nightmare-in-the-midst-of-crypto-spring-5543b6f6e34b