Facebook: Libra is not Threat to Bitcoin

All of this Facebook / Libra stuff is everywhere so here’s the latest this morning :

Facebook Cryptocurrency Chief Says Libra Is Not a Threat to Bitcoin

“Many want to pit Libra vs. Bitcoin. In my mind these two are not in the same category. BTC is a decorrelated (investment) asset. Libra is designed to be a stable medium-of-exchange. I have been, and remain a fan of BTC, but for very different purposes.”

https://www.ccn.com/crypto/facebook-cryptocurrency-chief-libra-no-threat-to-bitcoin/2019/06/20/

Expert Asked on June 20, 2019 in Cryptocurrency.
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