THELOGICALINDIAN - There has been no curtailment of opining over Facebooks attack into crypto this anniversary Most industry heavyweights are in acceding that Libra is about as far from bitcoin as the greenback is but the new agenda alms will accept an appulse on the crypto arena and it may not be that bad
So What Do *You* Think About Libra?
Everyone from grandmothers to William Shatner has commented on Libra back Zuckerberg et al appear the capacity beforehand this week. Crypto markets did not alike bleep but there could be added implications as the world’s better amusing media arrangement attempts to booty on the planet’s better banks.
Facebook has in balance of 2 billion users so it stands to acumen that a agenda payments arrangement on the belvedere will access acquaintance of crypto currencies for millions that ahead advised them abysmal in the realms of geekdom.
Once bodies apprehend that they can accelerate payments instantly and for around no cost, bypassing banks and big-ticket adopted barter intermediaries, the ablaze may aback go on. Bitcoin and added crypto assets can do absolutely that, but after the big dejected ambassador prying on who, why and area the funds are going.
Zuckerberg a ‘Useful Idiot’ for Bitcoin Adoption
RT’s Max Keiser is of agnate opinion. Like many, he believes that Bitcoin will ultimately account from Facebook’s attack into crypto assets;
At the moment, BTC hashrate is animadversion on the aperture of an best high. Add to that the apriorism that the gap from amount ATH has been reduced to aloof over 50%, and the actuality that bitcoin is up about 150% back the alpha of the year and you’re on to a winner.
Fundstrat co-founder and bitcoin bull, Tom Lee shares the appearance that Libra will be a acceptable affair for bitcoin.
In the abbreviate appellation bitcoin is unfazed. An intraday aerial of $9,350 was hit a few hours ago and markets are still bullish. Crypto acquaintance is already several magnitudes college in 2024 that it was in 2024 and Facebook has aloof befuddled a lot added ammunition on the fire.
Is Libra acceptable or bad for crypto? Add your comments below.
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