Libra vs. Bitcoin - What's the Dif?

[Bossfidelity]

On going through the writeup, I have a perfect understanding of the difference between bitcoin and libra. I would rather settle for Bitcoin, and get my privacy intact. Libra is a centralised project and would be giving out so much information to the owners who we shouldn't trust considering the previous allegations which was leveled against them.

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[Naida_BR]

On going through the writeup, I have a perfect understanding of the difference between bitcoin and libra. I would rather settle for Bitcoin, and get my privacy intact. Libra is a centralised project and would be giving out so much information to the owners who we shouldn't trust considering the previous allegations which was leveled against them.

And apart from the privacy fact, there is a huge difference on how the price of those two coins will move.
Bitcoin's price is affected by a totally decentralized market and it is open and free, while Libra coin will be backed by dollars and pegged to a certain price just to fuel some Facebook operations.

[meliodas]

The difference is about the stability and also the centralization of Libra compare to Bitcoin. Bitcoin is far way better than libra because bitcoin is a volatile and it gives opportunity for investors and its keepers to earn money long term and it is better in an aspect of being decentralized so there is no one that can interrupt you from taking benefits of being a bitcoin user.

[shoreno]

The difference is about the stability and also the centralization of Libra compare to Bitcoin.

being centralizd usually means stable and being decentralized mostly means unstable  .

Bitcoin is far way better than libra because bitcoin is a volatile and it gives opportunity for investors and its keepers to earn money long term

depends on the users view  . some dont like the volatility of bitcoin because it makes them confuse if which the price will heading but others like it because this gives them many possibilities  .

and it is better in an aspect of being decentralized so there is no one that can interrupt you from taking benefits of being a bitcoin user.

interupt in the form of what  ? because being decentralized means no one controlls it  ? what about the price  ? the price will fluctuate and its annoying and can interupt your plans   .

[duuuuude]

Both coins are cloudy in terms of transparency because we still don’t know who and why created Bitcoin but based on the fact of anonymity, I prefer bitcoin, and it doesn’t matter what the transaction fee and volatility is.

[Driggers95]

The difference is about the stability and also the centralization of Libra compare to Bitcoin. Bitcoin is far way better than libra because bitcoin is a volatile and it gives opportunity for investors and its keepers to earn money long term and it is better in an aspect of being decentralized so there is no one that can interrupt you from taking benefits of being a bitcoin user.

Yes, the first information about libra is centralization and control, which makes us feel that bitcoin is having better conditions than libra, it creates opportunities for many investors to make money but all speculations are based on basic information. We need to wait for the official launch of libra to make an official comparison between both of these prominent figures but overall, the difference between the two is probably the support and vision of the government, the government is not too happy with bitcoin while giving enthusiastic support to libra

[yohananaomi]

The difference is about the stability and also the centralization of Libra compare to Bitcoin. Bitcoin is far way better than libra because bitcoin is a volatile and it gives opportunity for investors and its keepers to earn money long term and it is better in an aspect of being decentralized so there is no one that can interrupt you from taking benefits of being a bitcoin user.

Yes, the first information about libra is centralization and control, which makes us feel that bitcoin is having better conditions than libra, it creates opportunities for many investors to make money but all speculations are based on basic information. We need to wait for the official launch of libra to make an official comparison between both of these prominent figures but overall, the difference between the two is probably the support and vision of the government, the government is not too happy with bitcoin while giving enthusiastic support to libra

I see Libra and Bitcoin will have different shares and the treatment that will be received will also be different. but obviously bitcoin will be better because bitcoin is indeed more free and proven than Libra which is still new and can't be seen yet because we don't know yet about its development. all will clearly see before deciding that Libra can be well received compared to Bitcoin of course.

[fuer44]

in the context of digital currency, the two concepts will certainly be the same. but yes, the bitcoin fee is cheap and the transaction is fast. We don't know libra yet because they haven't been released to the public so we don't know the fee and the speed of the transaction. but what is clearly different is as you said, libra is like perfect money but in the form of digital coins, so the value is stable while bitcoin is volatile.

[bittick]

The difference is about the stability and also the centralization of Libra compare to Bitcoin. Bitcoin is far way better than libra because bitcoin is a volatile and it gives opportunity for investors and its keepers to earn money long term and it is better in an aspect of being decentralized so there is no one that can interrupt you from taking benefits of being a bitcoin user.

it's not the main difference between both but the main difference should be libra has a purpose to be the stable crypto and bitcoin can be considered as various things or it has utility usage. There is no reason to call stability and decentralization as the difference between both