Post
Topic
Board Altcoin Discussion
Re: Facebook Cryptocurrency
by
Lexurdania
on 23/09/2019, 11:50:04 UTC
I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.

Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.

I don't think Libra Coin will be a threat to Bitcoin or other cryptocurrency. Bitcoin is a digital asset while Libra Coin is a stable coin that is like fiat money. Maybe even Libra Coin will be able to increase market cap value because investors will be more confident in the existence of coins from large companies