Quote from: danherbias07 on August 06, 2019, 01:20:45 PM

Okay so there should be really a choice here right? Grin

I'd pick XRP over Libra.
XRP dont have an application like facebook which could also trace your relatives if something goes wrong.

I dont want that.
My problem should stay with me and I dont want them bothering amyone who is close to me.

I think that is one of their difference and also of course trust.
In crypto world, XRP dominates while the other will use his social media company to get what he wants.

Same. Personally, I wouldn't prefer Libra over XRP, because Facebook is well-known to invade people's privacy. While both cryptocurrencies are centralized, XRP has at least greater respect for users' privacy than Facebook itself. In terms of dominance within the financial sector, XRP is in the lead by a long shot. There are many Banks which are partnered with Ripple, aiming to improve our economy for the better. While XRP is volatile (unlike Libra), it has a greater advantage than Libra because of its first-mover advantage. In case Libra never launches, we'll still have XRP where Ripple can decide to issue a stablecoin of its own if it desires anytime.

Despite these facts, neither XRP nor Libra will be able to overcome Bitcoin anytime soon. Their level of centralization greatly defeats the true purpose of Blockchain technology. Still though, both Libra and XRP would do great in the mainstream world as they transform our current monetary system. For both of these cryptocurrencies to reach their potential, they would need to have the "green light" from most governments worldwide. So far, Libra has been having a hard time keeping up with regulations while XRP is already regulatory-compliant (as far as I know). Which is why, the odds of Libra becoming a reality seem to be smaller each day.

Nonetheless, as both Libra and XRP are centralized they'll be able to reach massive TPS far beyond reach of decentralized cryptocurrencies like Bitcoin and Ethereum. This would allow them to be massively adopted by people in the mainstream world, as fees remain low and transaction speeds remain relatively fast on the network. But Libra will be used more like the USD, while XRP would be used more as a speculative asset in the long run. Just my opinion