Post
Topic
Board Speculation
Re: Does Facebooks's Libra cause the growth of bitcoin?
by
Coolcryptovator
on 30/06/2019, 14:48:10 UTC
There are many hype around Facebook project and launching its shitcoin whereas there are some "experts" who do mean that Libra cause the bitcoin growth? How is that possible?
I don't think current bitcoin growth due to Libra coin. Because bitcoin start bull run before Libra rumours (IMO). But likely Libra could reflect positive impact on total crypto-currency markets, just not only on bitcoin. Look like new investors coming into on bitcoin and that's the main reason of current bitcoin run. Libra would encourage to use crypto especially to all Facebook user. So its obviously a positive for crypto but not the cause of bitcoin growth IMO.