19 July 2018
FACEBOOK
Mkt cap $566.22B
CRYPTO SPACE
Mkt cap $282,25B
Facebook was created in 2004 and Bitcoin in 2009. We'll see what market cap it will have when it's as old as facebook is now. We still have 5 years to go.
Facebook received big founding and was advertised. Bitcoin was not and started from scratch as a decentralized project. You're comparing apples and oranges. Facebook is advertising as we speak bitcoin still after 10 years is not.
It seems to me that here two different things are compared. Facebook popularity cannot be connected with the future fate of its cryptocurrency. Libra is not a rival of Bitcoin as soon as it is going to be a stable coin. The price for Libra will be fixed, and it will be not released for different speculations. BTC is for making profits and getting returns now.