Quote from: sandra_1 on June 24, 2019, 04:05:15 PM

Quote from: samcrypto on June 24, 2019, 03:06:15 AM

Quote from: Payme21 on June 23, 2019, 09:20:11 PM

Facebook coin (Libra) was never going to compete with bitcoin because it's a stable coin. It will take much more than just this to unsit bitcoin

Indeed, a stable coin can't compete to a coin that can move up high easily and beside from being a stable coin Facebook coin is centralized and right now they are facing a big pressure from the US Government so investors will have doubt now if its continues to become a problem. Adoption with cryptocurrency is good, more companies will go and compete with each other but they can't create a threat to bitcoin because its a strong coin and many investors will backed up bitcoin.

Right, I think that Libra is not any danger to Bitcoin. This is something completely different, but I think that (maybe) thanks to Libra, some of the toppest brands like Visa, PayPal or Mastercard etc. will support the platforms where you can buy Bitcoin like for example buycoinnow. That would be great if Libra were the beginning of a "buying revolution" in the cryptocurrency world

I'm afraid it might not help in this case. Visa and Mastercard are already partners of Libra, which might suggests that when this coin will finally become a thing, there will be an option to buy it via credit card. But, it all will be possible through Facebook infrastructure. It might not influence BTC in any way. But it doesn't mean that services like buycoinnow won't develop (I wish the best for them) - it's just not depend on Libra success.