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.
Why is it that many in this forum saying that FB coin will pose a threat to btc and other altcoins?? It is actually a catalyst for people to engage in investing in cryptocurrency. Why? Facebook is catering billions of people in its platform. And by that, as we all know right now, social media is the best way to spread controversy, news and other trends in the society. It's time for the world to know.
I just included at the very beginning that this coin will not pose a threat since this is a stable coin in which the price will not grow.