Topic: Libra vs XRP - page 3. (Read 6228 times)

I think nipple is more than the Libra currency because it created very recently but the potential will be definitely not estimated by anyone so if we wait for sometime then we will see the result how the Libra is performing and how people accepting it will decide the value also.

XRP and Libra, although centralized, they cannot be the currency of the world, why because they are controlled by particular set of people and not by the government of any nation or control. So, if there is going to be a unified digital currency, another one might be created.

There is absolutely no doubt about this fact that ripple will really become a thing of the past because to me, ripple as even been an artificially pumped coin to me, because I don’t see where their volume is coming from, but on the other hand, Facebook as a very large community that would accept their technology and then make it highly have a record that will supersede that of Ripple.

Unfortunately, it seems that ripple prayer has been answered as Facebook may really not be able to launch that project because it seems that the project is not only a threat to some of these cryptocurrencies, but also kind of a threat to the world economic power as many of these government fears that they could lose their power to Facebook owner, so there has been series of attacked from every corner of the world against the cryptocurrency.

same as Xrp,  it's not decentralized,  it's a centralized token,  but I don't think Libra will be more centralized or be centralized like Xrp, let's see how it goes though  after lunch

I think in the long run, LIBRA and XRP will coexist, that's if Libra will still launch. XRP has outstanding project development records so far with some cool products like Xrapid and huge partnerships, hence I doubt if LIBRA will outshine it. I'm not really a fan of centralized architectures but since they gear towards crypto adoption, then both XRP and Libra are great.

absolutely right, Libra coin is the combined result of many companies including Facebook and maybe because Facebook is the biggest company of all involved they give full rights to Facebook as a product marketer.

agree with you, before Libra really online.. everything we say is just a prediction and maybe it will not happen.

it is likely that xrp investors will move to libra. libra is a big threat to xrp but not to bitcoin. if libra is really launched i am sure xrp will really crash.

Okay so there should be really a choice here right?

I'd pick XRP over Libra.
XRP dont have an application like facebook which could also trace your relatives if something goes wrong.

I dont want that.
My problem should stay with me and I dont want them bothering amyone who is close to me.

I think that is one of their difference and also of course trust.
In crypto world, XRP dominates while the other will use his social media company to get what he wants.

NO, they are fundamentally different. They purposes are completely different. Libra will be targeting small txs for every day use , with largely collecting your transaction history and then using it.

XRP is something that is aiming to replace SWIFT.

All crypto can't fight against XRP. Ripple partnered with MoneyGram, did you here from other projects such adoption news?

Exactly. Those are one of the key differences between Libra and XRP. While Libra's focus is to be a stablecoin for the masses, it nearly serves the same purpose as XRP. This is largely because, both cryptocurrencies are centralized aiming to bring micropayments to the world via the use of Blockchain tech. XRP may not be backed by anything, but it has wide-spread support from major Banks worldwide. In terms of scalability, XRP can perform nearly the same TPS as Libra since they're both centralized. Some tweaks here and there should make XRP as scalable as Libra.

Still though, the launch of Libra by 2020 is highly uncertain as Facebook gave a notice within the SEC that it may not launch after all. This is probably, because regulations are too fierce for Facebook to comply with each and every one of them for Libra's legality within the mainstream world. If Libra never launches, then XRP will be in the lead of centralized payments for a very long time.

Nonetheless, in case Libra becomes a success, it may have a hard time trying to overcome XRP since it has first-mover advantage like Bitcoin and Ethereum. Despite this, Libra could serve well as a stablecoin for the masses that would enable mainstream payments while XRP will be the ideal system for Bank-to-Bank transfers worldwide at the lowest costs possible. Both Libra and XRP are against the very foundations Blockchain technology was created for. Which is why, no one knows what their outcome will be in the future as they could either fail or succeed by then. In the meantime, XRP is doing well despite being a centralized cryptocurrency. Being the world's third largest cryptocurrency by market cap, has a lot to say about it. Just my thoughts

Well, if Libra is approved and appears in this market by 2020. It will certainly pass XRP easily. But for Libra to appear in 2020 it is impossible, there are too many bans for Libra in the past

I don't know much about Libra coins, but I think the concept of Libra and Ripple will definitely be different, because libra is likely to be made in bulk, given a large number of Facebook users in the world, and the price of Libra will be pushed in the form of stable coins, so users can take advantage Libra and Facebook as a form of reward.

Of course BCC is a very strong opponent of Ethereum. BCC steps forward huge distances and the price of this coin is dynamically growing.

No, I think Libra is a difficult business. latecomers are always unable to gain a large market share easily, they have to spend big money to get it.
I still think in the far future, both will coexist in a market because both are big businesses and it is difficult to be defeated.

Libra is a new crypto plan that will work with world banks, while XRP has been running it for several years. I think if XRP increases collaboration with many companies, of course XRP will be superior to Libra. Although Libra is supported by a Facebook company.

it is very difficult to compare Libra and XRP, because Libra only provides concepts and does not yet have a product, so in my opinion XRP is still better than Libra, because XRP is a project that has been older than Libra, thus making people believe to use XRP project rather than Libra, besides that XRP already has a product and of course XRP project has progressed.

Let's wait until Facebook releases Libra, then we will compare it with other projects and coins. At this stage, we have only promises and it is foolish to compare them with already working projects.

Libra is probably danger to Bitcoin not to XRP.
Nobody cares about XRP in 2019, heard about many partnerships but noone is really using XRP token.

1st of all, thanks for your correction 

May i know what makes you sure that LIBRA will definitely replace XRP?
In my Opinion XRP is "have more power" than LiBRA because XRP already backed by many banks in world wide.