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.
Many rumors suggest that Libra is a stable currency like USDT, so I think its appearance will not greatly affect Bitcoin and other currencies.
After all, everyone in the cryptocurrency market wants to make a profit, but keeping a stable currency will not bring profits.
However, I still prefer Libra to be released because Facebook is a large social network and has billions of users. If FB decides to issue cryptocurrency this will greatly affect people's perceptions of the cryptocurrency market in a positive way.