They cant go and beat bitcoin as easy just like the hype, they have to be more a stable coin so many users will use their coin on their platform and thats why they created Libra coin just like that. This will still be a big coin but not a big threat, bitcoin knows it.
Exactly true, Bitcoin will not defeated with only hype coins.
This libracoin maybe only take place on the most top 20 Altcoins.