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Old 06-18-2019, 10:25 PM  
jscott
So Fucking Banned
 
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Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Libra is going to be fast & cheap, what's going to allow that is it being a centralized, any issues or major thefts, or hiccups, they'll be able to roll back the chain via centralized, few people will have the absolute power to make changes.

Bitcoin is immutable, unconfiscatable, decentralized, Libra is not.

Being a centralized stable coin, this will be in direction competition with coins like USDT, Coinbase's USDC, Gemini's GUSD, Paxos, which are all pegged to the USD ($1 per unit). They could possibly even compete with BNB & XRP.
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