Bitcoin vs Libra

[Kariuki]

Is Libra still taking shape?

and could it be that Libra is far much better that bitcoin and thats why some people could be worried . we have resently witnessed people getting off the libra project and have become very difficult to even understand the question why?

So lets look at the coin Libra.....

Its suppose to be a coint that equals the dollar with very low chance of change in price. this is to cation the dollar effect online when it comes to adopting cryptocurrency in whole.

Libra is owned by Facebook, and it having more than 2.5 Billion users, could me its a threat to so many traditional banking system and the fiat currency itself and so they are afraid that this could lead.

Libra is set to use the Facebook interface, and this becomes very easy to integrate the already existing facebook users with Libra, and thus become the single most used currency , that would scare so many.

Its cheap and very accessible to every common man.

Very in transaction as compared with Bitcoin

This could be the reason why Libra has faced a major rash back and organizations dont want partnership or either just pulling out.

Verdict: Libra is far much better than bitcoin

[Seoulmate]

Are you kidding!!

Libra is nothing like Bitcoin!

BTC has Immutability,  it is highly censorship-resistant, and does not require permission to access or use its network.

Libra does not have these qualities.

 

[Lucas Holder]

10 hours ago, Seoulmate said:

Are you kidding!!

Libra is nothing like Bitcoin!

BTC has Immutability,  it is highly censorship-resistant, and does not require permission to access or use its network.

Libra does not have these qualities.

 

Perfectly agree. Libra is more akin to Visa/Mastercard/Paypal in my opinion.

[Ali saher]

I like bitcoin because bitcoin acceptable every exchange and every crypto currency trading sites. I not know about libra because I not use this coin. I just use bitcoin.

[JacksonPalmer]

Firstly, it’s a stable coin, so no way to invest in it for profit.

Secondly, it’s not decentralized, not borderless, not censorship resistant, not neutral. It’s nothing like Bitcoin.

It's basically Itchy and Scratchy bucks for Facebook and nothing of value at all.

[Mashfiqun2018]

Bitcoin is a proper cryptocurrency, unlike Libra which will be only used exclusively at Facebook. I think Libra will just ease advertising and boosting Facebook page for people who can't use the available payment methods. Nothing to compare here.

[Zaiby]

Well, Libra is not decentralized, so I don't think there is much of a comparison. Libra will be bound inside Facebook (maybe they will expand outside of Facebook too, but not in nearby future) but on the other hand Bitcoin is THE cryptocurrency which is used globally.

[reebox]

libra will not be able to compete with bitcoin because both are different and also bitcoin has a small amount and will continue to decrease so libra will not be able to rival and beat the price of bitcoin and it is very impossible.

[Hassan2121]

Bitcoin is way too better than libra in so many ways I don’t actually know much about libra but bitcoin is got more tight security than libra and it is way too simple 

[Babacomputing]

Libra isn't out yet but we could still depict that bitcoin is going to be far better than any altcoin. Bitcoin has a lot of market capitalisation and also it's value is the best 

[Aiza824]

Bitcoin's fate was somewhat leashed on Libra's outcome. The latter's sour outcome from the US government impeded Bitcoin from soaring more because the public now sees cryptocurrencies as "not a real thing that might happen anymore". Until Libra gets revived and gets through the government again, we can see significant progress with the cryptocurrency's sudden popularity.