It will surely have good impact on crypto market in general but some are saying it will outrival bitcoin which is very hard to believe for me ,globalcoin will do fine no doubt but can't rival bitcoin
It cannot rival Bitcoin, I agree with that, I share the same perspective.
However, what makes you think that it will have a good impact on the crypto market in general? Because it inevitably raises awareness for cryptotechnology & DeFi?
I have heard Facebook coin called with Libra, so far they still wait for allowing from united state country how to build Libra coin and sell to public, just few step when Libra open to public waiting when government of unite state want to allow of using Libra as investing for public, Libra can't be rival for bitcoin because no investor want to buy if Libra coin sell to public with higher than bitcoin price.