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RE: Facebook is "tied" to the chain with Libra

in #blockchain6 years ago

Libra will not be a direct competitor to bitcoin, nor it be a steem-killer. It will be a different financial vehicle on top of fb. Earning fbcoin is like only buying a coin with a fix amount, and thats it.

This more like paypal or bank running on a blockchain.

Again, no harm, not related to cryptos.

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hi my dear @guruvaj, thanks for passing and comment.

Libra will not be a direct competitor to bitcoin, nor will it be a steem-killer. It will be a different financial vehicle on top of fb. Earning fbcoin is like buying a coin with a fix amount, and thats it.

Certainly it is what is raised, but what I want to highlight is the visibility that cryptography will receive with companies like you entering the cryptographic business, this will benefit the massive adoption.

Thanks for your comment, you are always welcome friend.