The soaring price of bitcoin was also driven by Facebook launching its own crypto currency called Libra. Analysts are optimistic that Libra can help the market to get a better position in the community, as a means of payment and investment.
No way! You are saying that competition with Libra will help strengthen the position of bitcoin in the world market?? That's not gonna happen! Probably bitcoin traders will get another pair ti trade with alongside USDT.
Libra has zero qualities of a cryptocurrency! Try and understand the basic differences first! Using a blockchain doesn't really make a cryptocurrency! What I foresee Libra will actually make a hole in the cryptospace and attract billions of dollars to their centralized cartel of cryptos insted of bringing new investments to bitcoin!
Why do people do really try to make this Libra as a reason for Bitcoins rally?They didnt even realize or do tend to compare between both coins.
Decentralized vs a Fully centralized ones and i fully agree that due to facebooks recent reputation theres no doubt that it can really make a hole.