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RE: Can Libra bring any advantages to bitcoin?

in #dtube5 years ago

Can't see Libra bringing anything but advantages. It doesn't compete in any way with bitcoin but will get people use to using wallets and potentially offering easier on ramps. I think stable coins and the companies like ripple have the most to fear!

The other positive is it could fast track governments into clarifying certain positions on virtual curreny.

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Yes I agree. Bitcoin is decentralized, and Libra is centralized. So I don't think they are in competition. Yes I think government's will clarify their positions too, from which people will get a clearer view of virtual currencies.

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