The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
Already today many new cryptocurrencies are coming out, but some have rushed in doing so, this has caused Libra de Facebook, since after having released this news it has caused a lot of controversy worldwide, because even countries have reacted, and it seems to them that even threaten their economies.
I think that the launch of any cryptocurrency will be beneficial for Bitcoin, because at the end of all, all Altcoins depend directly on Bitcoin, any cryptocurrency that is acquired knows that it can easily be taken to bitcoin and therefore to FIAT. I think that the altcoin with more strength, with more support will emerge, and those that do not have much strength will be forgotten, or will simply die.