I heard people saying it won't affect bitcoin at all, and others say it might destroy it
I wonder what's your opinion about it?
What can be the worst case when it comes to Libra and Bitcoin?
We all have conflicting views about how Libra coin is going to perform when it hit the market, some people had a big faith on Facebook and some here do not support Facebook because of the data issue, it's a battle between the two and we have to see that hapen before we can figure out if Libra have a chance.
But for me, I have to say no, Facebook is very notorious in stealing data, they have already paid billions in damages and I still want to protect my privacy and there are Cryptocurrency based products and services that are existing or will exist that are similar to facebook.
It's a lie if the arrival of Libra doesn't have any effect on bitcoin. Facebook is a very large company, they can very easily create advertisements and display their products, and there are millions of people who will see these ads. let alone the desire of its founder to make libra as the main cryptocurrency, we cannot take it easy. OK, most crypto users are aware that Facebook and Libra will not be completely anonymous because they are true identity thieves. but we know that new users will certainly see which ones are often seen and libra has a high advertising intensity.