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14228024 No.14228024 [Reply] [Original]

Each of the big companies that run nodes will collude and push for adoption of libra as hard as they can, then rig the game. They will create a blacklist of users that violate ToS and you will be banned from making transactions on all of them for example.

The masses of the poor + unbanked with internet connection will undoubtedly adopt libra to be the biggest global digital currency, killing small fiat trades. In 10 years most young people will pay their groceries with their SocialNetwork account (might still be auto charge from connected bank account though), banking NFC second and fiat third at most.
The middleclass will also heavily use it for smaller transactions (sending your buddy $5 on whatsapp), but will also be the most cucked by the oligarchy.


There will be competition, google might make their own, or even a luckshot from circle, think Lyft to Uber.

After Libra has been adopted it will become clear that the only unique alternative is bitcoin. The libra of the "underground, criminals, steampunks, outcast and vintage lover"


Stuff to think about:

Companies like Visa and Paypal have a stake in Libra, how will they fight Bitcoin in the future?

Is Bitcoin the myspace to Libra the facebook?

Considering quite a few companies running a node, is it likely that they all manage to collude still?

>> No.14228083

I'm literally putting my money on BTC

>> No.14228114 [DELETED] 

and the most important one for bizlers?

how will bitcoin still be mass adopted? what is the biggest reason for the masses to buy BTC now?

>> No.14228123

>>14228024
it's literally the cashless society. just in time for the currency collapse.

>> No.14228132

if you don't think XRP has a role to play in this, via the interledger protocol, then i'm sorry for your loss

>> No.14228182

>>14228024
and the most important one for biz:

how will bitcoin still be mass adopted? what is the biggest reason for the masses to buy BTC now? Libra will be a better store of value from day 1.

>> No.14228195
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14228195

bitcoin's argument is being the best form of money in history
if the libre or whatever wants to hold value it will have to hold bitcoin because right now their plan is to hold a basket of fiat

if they don't hold bitcoin and bitcoin is the best then bitcoin wins
if they hold bitcoin and bitcoin is the best they're just a NWO globalist corporate coin that its approved users can only spend at the approved company store
what's gay is these fags will start continue to influence government and write laws against private ownership of bitcoin or ban users who own guns or something ridiculous

>> No.14228205

>>14228024
BTC will still remain the champion of stored value, while it may not be an bad idea to put some money in Libra as I can easily see how useful it will become in the future I still bet the house with Bitcoin in comparison.

>> No.14228212

>>14228182
>Libra will be a better store of value from day 1.
How so? What makes them a better store of value?

>> No.14228217

bitcoin (crypto 1.0) was over in 2015 with blockstream takeover. the rest is speculation
ethereum (crypto 2.0) will be over in 2020 when facebook releases libra
if you think of cryptocurrency as money, you understand nothing. cryptocurrency is governance. its goal is to be a silent revolution, toppling the oligarchies we're told to call capitalism without a spill of blood
but the oligarchs aren't stupid, and they fight back
nonetheless, you can't kill an idea unless you kill all the people smart enough to have it. this is nothing short than a contest for the future of the world, so there will be a 3.0 attempt

>> No.14228237

>>14228205
why is btc a better store of value than libra for the mass of normies?
bitcoin will probably now become a niche for most people more than ever.

>> No.14228243

>>14228217
eth is a faggy premined shit coin owned by anti-white communists and jews
nothing has ever come close to bitcoin

>> No.14228259

>>14228237
because the libre is a basket of fiat currency which is manipulated by central banks
if the libre was backed by gold they might have an arugment but still there's a trust issue that facebookcoin can't overcome

>> No.14228278

>>14228237
Bitcoin inflation rate is incredibly small relative to fiat and libra it will be going up non stop.

>> No.14228312

>>14228237
Because if they make 100 Trillion of them they're never going to be worth a shit. Libra will never have the name recognition Bitcoin does and no one with serious money is going to stockpile a literal memecoin. Not saying there isn't money to be made off of it, but having the kikes control it is going to put-off most of the non-kikes who are serious investors.

>> No.14228313

Libre will use bsv chain

>> No.14228321

you can argue the libre will have less volatility but it will always lose value against bitcoin

>> No.14228323

>>14228237
>why is btc a better store of value than libra for the mass of normies?
>bitcoin will probably now become a niche for most people more than ever.
this. libra kills everything

>> No.14228327

>>14228259
that is the position of an outlier, not the masses.

>>14228278
that is the position of an investor, not the masses.

im arguing there wont be mass adoption of BTC anymore.

>> No.14228335

>>14228313
Take your fucking BSV shilling some place else you dirty kike.

>> No.14228427

>>14228327
however, sometime in the future there might be a movement. see vegan movement. tons of good reasons to eat vegan and still most people eat meat.

>> No.14228429

i sold my bitcoin for facebook stock. it's over

>> No.14228447

>>14228327
if the masses want to be goyim I guess that's their fault
technically, philosophically, and all the arguments about money prove the libre it's a jewish scam

bitcoin isn't done we're growing users daily through education
a bitcoiner will never flip sides to libre but libre users will flip to bitcoin with time and education

>> No.14228494

Libra is gonna be a stable coin at $1
You cant profit from it dumbass

>> No.14228559

>>14228494
altough libra isnt an investment, it will take possible future market share from BTC