David Marcus, the head of Facebook's cryptocurrency Libra twitted,
Many want to pit Libra vs. Bitcoin. In my mind these two are not in the same category. BTC is a decorrelated (investment) asset. Libra is designed to be a stable medium-of-exchange. I have been, and remain a fan of BTC, but for very different purposes.
The former president of Paypal stressed that Libra is a better digital cash and payment system, while bitcoin is a long-term investment vehicle.
https://www.ccn.com/crypto/facebook-cryptocurrency-chief-libra-no-threat-to-bitcoin/2019/06/20/ That's right. There are many members here who don't understand the problem and they are still comparing Bitcoin and Libra coin.
The purpose of Libra coin when it comes to crypto market is to develop and expand payment service, they want to serve the best for investors or traders in crypto market.
they only focus on developing and upgrading their payment services.