Post
Topic
Board Speculation (Altcoins)
Re: Libra coin over Bitcoin is that possible?
by
Mr.ZODIAC
on 28/07/2019, 19:48:20 UTC
About 70 millions of people owning Bitcoin. I can´t even imagine how many people could use Facebook coin when starts.
So it would be pretty easy to overpower Bitcoin.
I think all projects after Bitcoin have a big ambition to defeat Bitcoin but in reality nothing has gone beyond Bitcoin, Even though Facebook has a very large user, I'm sure most of them don't use Facebook coins.
If we take into account that the majority of users on Facebook uses this resource only as a social network, then I very much doubt that all Facebook users will want to use this resource as a payment system.  Of course, quite a lot of people use Facebook for their business purposes, but this number is still not the majority.