Facebook Cryptocurrency Chief Says Libra Is Not a Threat to Bitcoin

2019-6-21 14:39

By CCN Markets: Facebook confirmed that its new cryptocurrency Libra isn’t designed to kill or compete with bitcoin. David Marcus, the man leading Facebook’s crypto efforts, said Libra and bitcoin can co-exist with differing use cases and that’s he a big fan of BTC.

In a tweet yesterday, he explained that Libra is designed to be a stable payment system. On the other hand, Bitcoin, he believes, is a store of value or a non-correlated asset, playing into the ‘digital gold’ narrative. “Many want to pit Libra vs. Bitcoin. In my mind these two are not in the same category.

The post Facebook Cryptocurrency Chief Says Libra Is Not a Threat to Bitcoin appeared first on CCN Markets

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libra bitcoin → Ðåçóëüòàòîâ: 90


Ôîòî:

Nick Szabo: Bitcoin Works Infinitely Better As A Medium of Exchange Than ‘Vaporware’ Libra

Bitcoin (BTC) is running into its eleventh year, while Facebook’s Libra is facing renewed difficulties, with some of the founding members of the Libra Association rescinding their positions. Libra Beleagured by Hawkish Regulators Libra set a goal to launch in early 2020, but regulatory disapproval and hawkish comments from central banks shook confidence in the project.

2019-10-12 15:00


Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?

Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance over Bitcoin and the cryptocurrency industry.

2019-7-21 03:30


Blockstream’s Samson Mow: “Facebook Should Have Just Used Bitcoin” Regarding Libra Project

The combative hearing in the U.S Congress in the past two days left citizens and other onlookers with much doubt on the success of Facebook’s Libra. While Bitcoin (BTC) caught on a bullish vibe across the financial committee led by Maxine Waters, Libra’s CEO David Marcus was under fire on the privacy of data issues […]

2019-7-18 19:28


Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings

Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions.

2019-7-18 03:30


Libra and Bitcoin: Friends, Enemies or just Frenemies?

The rise of Facebook and its intention to enter the cryptosphere has got many people talking and wondering if Libra might actually take over Bitcoin as the leading cryptocurrency. This kind of assertion shouldn’t be surprising, considering the fact that most people don’t even understand the very idea of the blockchain technology in the first […] The post Libra and Bitcoin: Friends, Enemies or just Frenemies? appeared first on ZyCrypto.

2019-7-16 19:50


Calibra will have to support Bitcoin, at some point, to survive, claims Anthony Pompliano

Libra, the groundbreaking cryptocurrency project unearthed by Facebook earlier this month has been called several things within the crypto-community. From a ‘crypto-look-a-like,’ to a ‘stablecoin impersonator,’ to ‘big-tech controlled crypto,’ and even the trivial names like ‘Zuck Buck,’ and ‘you’ve got Gemini, well, I’ve got Libra.

2019-6-29 08:30


Best of Bitcoin & Tether Combined? 10 Libra Whitepaper Takeaways

Facebook’s Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community. Is Libra the thing that pulls blockchain kicking and screaming into the mainstream, for the benefit of one and all? Or is it the final nail in the coffin of a cryptocurrency experiment just a decade old? Here are 10 key takeaways from the newly released Libra whitepaper.

2019-6-24 02:45


Analyst Says Facebook’s Crypto Can See Bigger Adoption Than Bitcoin

By CCN Markets: On June 18, Facebook and the Libra Association formally announced their plans to release Libra, a crypto asset backed by the Libra Reserve to maintain a stable value. By 2020, Facebook has said it plans to integrate Calibra, a crypto wallet designed to support Libra, into WhatsApp and Messenger, introducing the asset to billions of users worldwide by 2020.

2019-6-18 21:30


Cryptocurrency influencers react to Facebook’s Libra, boon or risk for Bitcoin?

Some of the most prominent figures in the crypto community took to Twitter to share their thoughts on Facebook’s Libra cryptocurrency. While some claim that Libra lacks the necessary features to compete with Bitcoin in the race to become the world’s currency, others argue that it could destroy most altcoins and stablecoins in the market.

2019-6-18 20:44


«Íà ýòî áóäåò âåñåëî ñìîòðåòü»: êàê ìèð ðåàãèðóåò íà Libra

Áàððè Ñèëáåðò Îñíîâàòåëü è ãåíåðàëüíûé äèðåêòîð Digital Currency Group «Çàïóñê êðèïòîâàëþòû Facebook âîéäåò â èñòîðèþ êàê êàòàëèçàòîð, êîòîðûé ñïîñîáñòâîâàë ìàññîâîìó ïðèíÿòèþ öèôðîâûõ àêòèâîâ (âêëþ÷àÿ bitcoin) ïîòðåáèòåëÿìè ïî âñåìó ìèðó.

2019-6-18 19:05


Ôîòî:

Facebook Releases Libra Cryptocurrency Whitepaper; Crypto Community Reacts

On June 18, 2019, Facebook released the whitepaper of its highly-anticipated Libra cryptocurrency project, which is tipped to transform the blockchain and cryptocurrency industry forever. Libra Whitepaper According to the technical document, “Libra” will operate on Facebook’s in-house blockchain network called “Libra blockchain.

2019-6-18 14:12


Bitcoin: Third coming of the green Super Guppy buoys bulls as price consolidates over $9,000

Bitcoin broke out of its sluggish blues by breaking the $9,000 mark for the first time in 13 months, earlier this week. With several analysts pegging the rise of Bitcoin to be a consequence of the Facebook Libra pump, a more wholesome look at the charts indicates a more consolidated rally, rather than a myopic […] The post Bitcoin: Third coming of the green Super Guppy buoys bulls as price consolidates over $9,000 appeared first on AMBCrypto.

2019-6-18 10:30


Ôîòî:

Crypto Tidbits: Bakkt’s Bitcoin Futures Near, Facebook’s Libra Backed by Uber, Binance to Block US Clients

Another week, another round of Crypto Tidbits. It would be fair to say that the past seven days for Bitcoin (BTC) and its ilk have been rather spectacular. Aside from mostly bullish price action, which brought the cryptocurrency to $8,650 for the first time in weeks, instrumental industry developments were numerous.

2019-6-15 21:00


Ôîòî:

Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights

Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency.

2019-6-15 13:00


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