Post
Topic
Board Altcoin Discussion
Re: What threats does Libra pose on Bitcoin?
by
masterrex
on 13/08/2019, 14:42:04 UTC
If you are a crypto enthusiast - you will be just as interested in this topic as I am. I would like to learn your opinion on what threats does Libra pose on Bitcoin? I believe that this is a hot topic worth considering.


I never see Libra as a treat to bitcoin, because libra is just a stablecoin and pegged with US Dollar so its value wont go up like Bitcoin does, In the case of the facebook influence on the Libra project, As we all know that Facebook has billions of users around the world thats why other's saying that it may pose a threat to bitcoin. But for me i dont think it really matters. Bitcoin is the King in the cryptoworld and Libra is just a pawn and thats my opinion.