Quote from: Distinctin on June 30, 2019, 10:12:47 PM

Quote from: Loedong on June 30, 2019, 09:42:26 PM

[snip]

But I think it won't be that influential. Though we can't say that Facebook coin is a threat for Bitcoin but it possibly be considered as a competitive coin in the future. We know how Facebook itself known to everybody and some instances that people will choose this base on popularity. ut taking into the account of being a threat with BTC, I've never seen it.

I do agree with you mate, I only see Libra as a threat for Bitcoin in terms of popularity as well, that's all. However, they are still on different worlds (since Libra was still considered centralized) so making comparisons between them are not totally necessary at all. I admit that Libra could have a very bright future, C'mon! Just imagine the social influence of FB but on the other hand I don't think that it will greatly affect btc's price and reputation because it still got an edge especially about anonymity feature and fluctuating value of course.

For now, I haven't foresee a deserving competitor to beat bitcoin down. I still doubt to Libra for doing that because even the closest long time rival coin of btc which is eth was still no match until now.