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RE: Serious Question - Facebook Libra vs Bitcoin and POW
They won’t bother attacking Bitcoin. All they need to do is allow Libra to be used on all their services. Bitcoin is still fringe but from the beginning libra could work anywhere you can use a credit card. Add in discounts for using it and you’re golden.
Crypto enthusiasts will never use Libra but people in it for a profit will likely jump ship once normal people start adopting Libra.
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Hopefully the Libra chain (is it really a chain?) supports HTLC. If so, then at least people will be able to atomic swap OUT of Libra when the SHTF.
So, some crypto enthusiasts might get in early, ride its first pump, then start selling on the way up. That initial pump will probably not last more than a couple weeks too imo.