Topic: So ... It's too early to compare Lybra with Bitcoin? - page 3. (Read 662 times)
Without any doubt it is too early to compare those two, because I have strong doubts that lybra is going to be popular among crypto industry participants. You should better compare lybra and XRP, they have much more in common.
hi, guys!
i was really surprised with the news that facebook's gonna provide all people kinda general-purpose stable coin.
in my ind its really cool idea that will completely change world of cryptocurrency.
also recently i've read read related article. u can check it. https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html
i was really surprised with the news that facebook's gonna provide all people kinda general-purpose stable coin.
in my ind its really cool idea that will completely change world of cryptocurrency.
also recently i've read read related article. u can check it. https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html
I think this early hype on LIBRA has to stop!. How would compare LIBRA that came yesterday with BITCOIN that is considered as the king of Cryptocurrency?, it's very wrong.
It's actually Libra not Lybra, you can correct the title, otherwise it's a different coin.
For me, it's not too early since we already have an idea on how Libra will work, AFAIK, they release their white paper only, so that's our basis in comparing.
For me, it's not too early since we already have an idea on how Libra will work, AFAIK, they release their white paper only, so that's our basis in comparing.
Yes it is too early to compare Libra with Bitcoin. Both of the coins are different in nature. Libra is a digital currency designed by Facebook in order to facilitate its users transact through Facebook and its other entities. It will be highly regulated so as to stop its speculation. Likewise, it will obviously give attention to fluctuation of the coin unlike bitcoin and altcoins.
Well, bitcoin is a well-established coin, so you can't compare it with Libra. The facebook coin is not yet in the market so we can't say how it would do in future.
will you compare apples with oranges?
then you shouldn't compare Libra with bitcoin either. instead you should compare Libra with Paypal and Visa and all the similar payment processors because those are in the same category as this token.
then you shouldn't compare Libra with bitcoin either. instead you should compare Libra with Paypal and Visa and all the similar payment processors because those are in the same category as this token.
I agree, it is not balanced compared to Libra coin with bitcoin. Bitcoin is decentralized cryptocurrency that is supported by miners and also communities without fundraising or ICO. While Libra Coin is supported by large companies and collects funds from investors. I'm sure in the end bitcoin is the winner
Although libra coin has a good.capability and features, doean't mean it is comparable to bitcoin or it can replace bitcoin, and it is early to say that it can surpass or whatever they say because bitcoin now is showing more productivity, besides it is the very huge price in the market that no other altcoins can be, and will always be the king of crypto.
If I try to make a comparison between BTC and what Facebook say they are offering, then I can't really see many similarities. They both use blockchain, but really that's about it. I think there is zero chance of Facebook's coin replacing bitcoin.
It's too early to make a comparative opinion between Libra and Bitcoin. Both have far differences.
Although the same type of cryptocurrency. Libra is becoming popular because of the big names Facebook and Mark.
Although the same type of cryptocurrency. Libra is becoming popular because of the big names Facebook and Mark.
will you compare apples with oranges?
then you shouldn't compare Libra with bitcoin either. instead you should compare Libra with Paypal and Visa and all the similar payment processors because those are in the same category as this token.
then you shouldn't compare Libra with bitcoin either. instead you should compare Libra with Paypal and Visa and all the similar payment processors because those are in the same category as this token.
Or you can compare with different stablecoins, as their value is tied to fiat assets and securities. Libra will have the same low volatility.
But not so many countries are liking libra too. It will come next years.
Libra becomes an alternative way for someone to pay used the stable coin that eliminated volatility through backed it with fiat and trust. libra wis comparable with tether and any stable coin
legendary
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Not too early because you might better to compare Libra to USDT instead of Bitcoin because bitcoin is not a stable coin and Libra is not a decentralized coin either.
I'm kind of amused to people who compare Libra to Bitcoin while these are completely different things and NO Libra will not make bitcoin vanish from this world.
I'm kind of amused to people who compare Libra to Bitcoin while these are completely different things and NO Libra will not make bitcoin vanish from this world.
It is just another online payments system and nothing more. Why compare such a coin with bitcoin? This is just stupid.
Both very very early to compare them and also not even needed. I mean if you want to compare them both on strength and how successful they will be then it is very early since libra is not even out yet but only the idea and the project is out, its like comparing it to 2008 bitcoin and even that is not properly compared since bitcoin was the first one to exist in cryptocurrency and created this whole market whereas libra is coming to an already decade old crypto world.
On the other hand you do not even have to compared them both because bitcoin is bitcoin and it has a cryptocurrency support behind it whereas libra is facebook coin which makes it centralized at the very least and there is probably a lot more differences as well, that is why I honestly think that there is no comparison between them.
On the other hand you do not even have to compared them both because bitcoin is bitcoin and it has a cryptocurrency support behind it whereas libra is facebook coin which makes it centralized at the very least and there is probably a lot more differences as well, that is why I honestly think that there is no comparison between them.
libra is not born yet, and thats why its hard to comparing between libra and bitcoin my friend
but, i bet bitcoin will always become the TOP cryptocurrency and will not replace it by others crypto in this world
but, i bet bitcoin will always become the TOP cryptocurrency and will not replace it by others crypto in this world
Libra is a simple global currency and financial infrastructure that empowers billions of people.
Libra is the newest weapon in the arsenal of the infamous data vampires called Facebook.
They will take every last drop of personal information they can get from you, and they will bleed it dry. "Your" data will become their data free of charge. They will construct a digital model of you to sell on to advertisers. They will curate your newsfeed based on the model of your personality, in order to subvert your free-will and direct you towards FB's desired behaviours.
Other than that, great coin.
it's really too early to compare the lybra to bitcoin, not to mention very low price bitcoin now you can compare it because bitcoin is still the king of cryptocurrency and more investors are still there.
we can't comparing bitcoin with libra coin, because as i know this libra coin is a stable coin
a huge hype coming to libra because the name of facebook and Mark Zuckerberg, because 30% people in this world is a facebook users
but, i'm very sure, the positive thing will coming to crypto world because of this libra,, and bitcoin will grow more when this coin really born
regards
will you compare apples with oranges?
then you shouldn't compare Libra with bitcoin either. instead you should compare Libra with Paypal and Visa and all the similar payment processors because those are in the same category as this token.
then you shouldn't compare Libra with bitcoin either. instead you should compare Libra with Paypal and Visa and all the similar payment processors because those are in the same category as this token.
Cheers! Libra is made of cooperation's who are currently controlling the electronic payment systems + others with already large social impact.
Most notable are VISA and PayPal who are protecting their positions with this project. Libra seems to use block-chain only to drive attention, tit will be backed by fiat and will be stable currency. In addition as far as I understand there will be no decentralization what so ever.
Guys, stop spreading the fomo about Libra before researching what it actually is.
Why compare Libra with Bitcoin? Libra is for different function and purpose, Libra is not created yet so there is really none to compare yet. Bitcoin have proven many things already and have many achievements. You may compare Libra with Bitcoin soon but they are different,
legendary
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This is exactly what Mark wants the general public to think. He wants them to think that he has created a more safer bitcoin when actually what he just did isn't any difference from PayPal maybe they should have called the Libra project PayPal 2.0 that way the message would had been clearer. The two projects (Libra and bitcoin) has different market target and shouldn't be compared with each other instead Libra is a threat to other stablecoins as those interested in privacy and decentralized will still choose bitcoin over Libra.
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