Quote from: Lmaooo on October 01, 2019, 02:08:18 PM

Quote from: MegaAnalysis on June 19, 2019, 08:14:07 PM

Here's a detailed article on this topic by CNBC:

cnbc .com/2019/06/18/the-difference-between-bitcoin-and-facebooks-libra.html

In my view, the biggest difference between Facebook's Libra and the Bitcoin is that while Libra is a Stablecoin, Bitcoin is not!

Bitcoin is a fully decentralized currency while Facebook Libra is centralized shitcoin!
Bitcoin is open-source, backed by the people while Facebook Libra is not open-source, backed by Facebook, PayPal, VISA and so on.

Just as i have trouble trusting facebook and the two much power they seem to be having in the world, the same way i don't trust their Libra altcoin.It also seems that a lot of companies have decided to part ways with Libra with Visa,eBay,Stripe,Mastercard and a few others deciding to abandon Zuckerberg's latest project.