Quote from: TrevifGV on July 01, 2019, 11:26:57 AM

Many in suspicion are in the new libra coin of the proposed facebook. But they forget that there is still a no less suspicious project J.P.Morgan. He enters the cryptocurrency market with his coin, which is really approved by the banking sector, which is of course a strong blow for existing coins. Because the exchange of bonds can occur instantly, but it should not be forgotten that there is no question of decentralization.

The user-base of Facebook is at least 25 times larger than that of Bitcoin. On the other hand, the user-base of JP Morgan is around one-fourth of that of BTC. On top of that, while Facebook has come up with concrete plans and timeline regarding Libra, JPM has so far remained silent on this. It looks like they will shelve their project and lend support for Libra.