What do you think? Would this be beneficial to Bitcoin?

in cryptocurrency •  5 years ago 

The bitcoin price has surged over recent months as interest surrounding social media giant Facebook's planned libra project reached fever-pitch but has swung wildly as global regulators poured cold water on Facebook's ambitions.
Now, a new survey has found there is "substantial" public interest in Facebook’s potential bitcoin rival, despite a lack of trust in the company, with people already more familiar with it than ethereum, litecoin and Ripple's XRP.

https://www.forbes.com/sites/billybambrough/2019/07/21/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin/?fbclid=IwAR1LDF4NrTpocs__27KiTm1-ly4nyZhGzgyhdIXnxCuWBZmXadR3vOH2AsI#2ab966ec38e1

What do you think? Would this be beneficial to Bitcoin? Let us know your thoughts in the comments.

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I don't see that Libra is going to be any threat for Bitcoin. I see that if it succeeds at any level to be more like utility token inside of Facebook it will only benefit Bitcoin.

Ppl will get more used to cryptocurrency and they will start to look what it this and where to go next. Don't see that facebooks libra project will emerge go be actual currency... probably some token in facebooks apps at tops as I said earlier.