/biz/ - Business & Finance

>>15542009
I would argue that Libra Coin is going to kill all crypto, including Bitcoin.

Yes, there will be some hold-outs; mostly people who are distrustful of the government, or those who need to keep their transactions "off the books"; but for a vast majority of users, all they care about is convenience and security.

And with Libra backed by mastercard, paypal, facebook, visa, ebay lyft, uber, vodafone and a handful of others; it will wipe out any dream of utility for the other coins.

History teaches us that "first to market" doesn't mean anything in the long run. Yes, it gives a company or product a head start, but it does nothing for the long-term potential of a company. Connections do.

For example, this is a Telefunken TV set. They were first to the market. When was the last time you or anyone else you knew bought a Telefunken TV set?