Pages:
Author

Topic: So ... It's too early to compare Lybra with Bitcoin? - page 4. (Read 654 times)

legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
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.
jr. member
Activity: 262
Merit: 2
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.
member
Activity: 713
Merit: 31
Libra is a simple global currency and financial infrastructure that empowers billions of people. Libra consists of three parts that will work together to create a more inclusive financial system:
1. It is built on a blockchain that is safe, measurable, and reliable.
2. This is supported by asset reserves designed to provide intrinsic value.
3. This is regulated by an independent Libra Association which is tasked with developing ecosystems.


Are you aware that when they are busy with this project and we are also busy promoting their projects through this post. yes oral indeed very quickly affects society.
then what makes you so sure about this project? but I personally don't think that this is IMMEDIATELY, while Bitcoin is very decentralized and Lybra is more focused on finance.
so I think this is just about developing the adoption of blockchain technology in the future and cannot be compared to the investment aspects of the value of bitcoin. because bitcoin has been around for a long time and will remain the cryptoqurrency market leader.

It would be a big mistake to compare Bitcoin with a crypto currency released by Facebook. Note that Bitcoin is decentralized. Facebook is completely centralized!
sr. member
Activity: 1358
Merit: 267
Undeads.com - P2E Runner Game
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.

Or you can compare with different stablecoins, as their value is tied to fiat assets and securities. Libra will have the same low volatility.
full member
Activity: 434
Merit: 246
1. It is built on a blockchain that is safe, measurable, and reliable.
How is it safe? First it doesn't exist yet. Second, for a blockchain to be safe it has to be decentralized (at least to a certain degree) and have a huge hash power plugged into it preferably from different entities that don't collude together. If Facebook is going to provide the hashpower for that blockchain, what happens if/when one day they decide to pull the plug? We have seen companies as big as Facebook rise and fall, so it may happen.

Just a reminder, Bitcoin (and its blockchain) is not dependent on any single company and that's what makes it safe and valuable. Moreover, it has been around for 10 years and has already proven its reliability.

It is really silly comparing a future centralized questionable coin with bitcoin.
hero member
Activity: 1470
Merit: 655
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.
newbie
Activity: 22
Merit: 1
Libra is a simple global currency and financial infrastructure that empowers billions of people. Libra consists of three parts that will work together to create a more inclusive financial system:
1. It is built on a blockchain that is safe, measurable, and reliable.
2. This is supported by asset reserves designed to provide intrinsic value.
3. This is regulated by an independent Libra Association which is tasked with developing ecosystems.


Are you aware that when they are busy with this project and we are also busy promoting their projects through this post. yes oral indeed very quickly affects society.
then what makes you so sure about this project? but I personally don't think that this is IMMEDIATELY, while Bitcoin is very decentralized and Lybra is more focused on finance.
so I think this is just about developing the adoption of blockchain technology in the future and cannot be compared to the investment aspects of the value of bitcoin. because bitcoin has been around for a long time and will remain the cryptoqurrency market leader.
Pages:
Jump to: