Quote from: coloseum on July 22, 2019, 04:15:50 PM

Attention is not enough to help coins have good price at starts and remain good price over time. Libra as whitepaper shows, is a stable coin. Hence, I dout that there are considerable benefits by invest in stable coins, not only Libra.

Libra might be a stablecoin, but it could still gain a lot of attention within the mainstream world. Despite prices remaining relatively static, Libra's demand could rise at an exponential rate within the future if it becomes a huge success. Blazing fast transactions and extremely low fees will greatly contribute towards higher usage of Libra.

Of course, many crypto enthusiasts (including me) are not much of a fan of this new cryptocurrency because it'll be extremely centralized and audited by its associated company. There will be no privacy at all, as every transaction made by users worldwide will be completely visible within Facebook's blockchain ledger. Despite this, Libra will use an interesting concept which will lead it to scale towards millions of TPS. This will be made widely possible via the use of BFT algorithms.

Nonetheless, Facebook's cryptocurrency has gathered a lot of buzz lately, but it'll never be able to overcome established cryptos like Bitcoin and Ethereum. That's because Libra will become another central Bank, while crypto will remain as a censorship-resistant alternative towards such financial institutions. After all, Blockchain was designed to circumvent the middleman. Hence, only decentralized cryptocurrencies will prevail in the long run. Just my thoughts Grin