Hello everyone so now i want to share a very good information with that the facebook community says the the price of facebook will be stable like a USD so its mean that there is no threat for bitcoin because all investors want that they gain more profit in short time that is why they invest their money in bitcoin because the btc price is fluctuated and for good investment need the unstable price.
I don't even think of it as a threat for Bitcoin because it isn't something that could compete against Bitcoin.
The great thing about facebook coin is that it would bring us more people in the crypto industry .
People would first choose it since it is what they think that is secure then after a couple of studying crypto they would surely jump over into Bitcoin.
Well, after the recent news about Libra surfacing to the internet it kinda attract more people and makes people seek knowledge about cryptocurrency and blockchain and that's not a bad thing in my opinion. However I doubt that people who already get used to such centralized coin issued under a company will move to decentralized things that easily, they will always afraid of changes.