Libra vs XRP

[ModanaLee]

Isn't Libra more of a ecosystem while XRP is for settlement?
XRP will be outclassed anyway as it can't survive on settlement alone.

Come on, both coins can exist quietly, huge investors are spinning around there who simply earn money on these coins, so I don’t think that these two coins will have a bad outcome

They can co-exist yes as they don't serve the same purpose, but XRP will be outclassed by other alternatives(not Libra).

Exactly my thought. The two currencies can co-exist since they ain't having same functions and purposes.

[saba1256]

As you know about XRP is growing network in financial institutions and banks so LIBRA may be defeat to XRP but this will needs to time to beat the XRP.

[barbara44]

Between the both of them I’d say that Facebook Libra will likely take the lead, though they might both coexist. Facebook is big and I believe they have more connections than Ripple will ever do because the company has been around for a very long time and is well established. So, the fight between the both of them is only going to favor Facebook and when it comes to usage, I believe that fb Libra will also have more usage and adoption than Ripple because, this is one of the biggest platform that we are talking about here, a platform that has been around for years.

So, it’s definitely going to take the lead. It hasn’t been released yet but I already seen a list of companies that plans to adopt it as soon as it’s released. I even saw eBay on the list of the companies that are going to be using Libra when it gets released. By the time you know what’s happening, Libra has already taken everything to itself.

[Msworld83]

I don't see Libra to disturb xrp in any way just like other blockchain coin are doing their thing even though btc was first and now we have over 2000 in market and many are still coming , so I see no road block for any coin in competition with new ones , as every one will do their thing separate way to achieve their aim.

[Abiky]

Between the both of them I’d say that Facebook Libra will likely take the lead, though they might both coexist. Facebook is big and I believe they have more connections than Ripple will ever do because the company has been around for a very long time and is well established. So, the fight between the both of them is only going to favor Facebook and when it comes to usage, I believe that fb Libra will also have more usage and adoption than Ripple because, this is one of the biggest platform that we are talking about here, a platform that has been around for years.

So, it’s definitely going to take the lead. It hasn’t been released yet but I already seen a list of companies that plans to adopt it as soon as it’s released. I even saw eBay on the list of the companies that are going to be using Libra when it gets released. By the time you know what’s happening, Libra has already taken everything to itself.

I've seen Facebook's Libra partnerships, and I have to say that there are many mainstream companies supporting it. In contrast, XRP only has Bank partnerships (as far as I know) but it lacks a real use case for the mainstream world. As Libra will be a stablecoin pegged to the value of $1 USD, it'll have greater use cases than XRP upon launch. People might quickly adopt Libra since they're already used to Facebook's social network platform. Despite some differences between both cryptocurrencies, there's a possibility that Libra might prevail in the long run.

Still though, the success of each cryptocurrency will largely depend on how much they're adopted within the mainstream world. So far, XRP has first-mover advantage with a lot of people using it. Libra hasn't even launched yet, which means that it'll take some time before it'll obtain the necessary user base to become as comparable as XRP. Whatever the case may be, it's becoming evident that Blockchain technology will take the world by storm. Our current monetary system will become improved in every way.

Nonetheless, it'll be interesting to know how everything unfolds upon Libra's launch by 2020. If it becomes a success, then we'll know if it'll co-exist with XRP or completely replace it over time. Just my opinion

[mr_random]

If I were investor and have to choose one of the both coins I would go for the Libra. Both coins have a different weight but it can take years to reach the marketcap of the XRP for Libra. Facebook team may use their power as a one of the biggest social media platforms but market competitors will not let the Libra to bypass their level.

[spadormie]

Libra and XRP focused on payments. I believe that Libra can be used as payment in buying on some stuff on facebook. But, there are some differences with these two coins. XRP, is not a stable coin, which means it can grow so much! But libra is, so Libra is just focusing on being a payment for things to buy unlike XRP, it could be use to buy something if a site accepts XRP coins.

[Abiky]

Libra and XRP focused on payments. I believe that Libra can be used as payment in buying on some stuff on facebook. But, there are some differences with these two coins. XRP, is not a stable coin, which means it can grow so much! But libra is, so Libra is just focusing on being a payment for things to buy unlike XRP, it could be use to buy something if a site accepts XRP coins.

Agree. Both Libra and XRP can be used for many different things in real life. Since Libra is known to become a stablecoin, it can be used in nearly the same way as the USD or any other Fiat currency to date. Mainstream businesses and merchants will be able to use Libra because of its flexibility in this regard. On the other hand, XRP can be used as both a speculative instrument and a payment system for bank transfers. The distributed ledger itself proves to be highly versatile for sending minuscule payments at the lowest costs possible. Banks can leverage the benefits of the XRP ledger in order to provide customers faster and cheaper remittances. Which is why, I believe that instead of replacing XRP or Libra, it's best for both cryptocurrencies to head their separate ways for the foreseeable future.

Nonetheless, Libra might be neck-and-neck towards XRP after launch as they're both centralized payment systems. XRP has first-mover advantage in the market, which might take Libra a lot of effort to be able to gain massive traction within the market. But in the bright side, Libra's success will be Blockchain's gain within the mainstream world. Just my opinion

[Coin BTC]

Considering that Facebook's Libra will be an extremely centralized cryptocurrency, it might very well be adopted by financial institutions within the mainstream world. Ripple's XRP also has the same purpose where it could drive mainstream payments in a fast and cheap way, backed by many Banks worldwide. While both Libra and XRP have their similarities (in terms of centralization) they're certainly different by design.

If Libra's launch becomes a success, then XRP's existence may be threatened over the long term. Both cryptocurrencies would battle head-to-head in order to become the top choice of Banks worldwide. Comparing Libra vs XRP, Ripple has all the possibilities of taking the lead because of the many partnerships it has established with Banks worldwide.

Which is why, it makes me wonder whenever Libra will become the currency of the world or XRP? Or will they co-exist in the future?

I think Libra and XRP will coexist, even though there is a fight inside.   This is the same as the USD which is used as the world currency rate, but EUR still has a high value compared to USD.

[Abiky]

I think Libra and XRP will coexist, even though there is a fight inside.  This is the same as the USD which is used as the world currency rate, but EUR still has a high value compared to USD.

If Libra becomes a reality, then it might compete with the XRP ledger as we know it. Of course, Libra will be a stable coin whereas XRP will remain as a speculative cryptocurrency. But I believe that Libra will directly compete with XRP in its technical aspects. It will only be a matter of which cryptocurrency is the most scalable one for the mainstream world. The main advantage XRP has on top of Libra, is the first-mover advantage on the market. It already has obtained many partnerships from banks worldwide. If Libra wants to take down XRP's place, then it would need a lot of effort for sure.

Considering that both cryptos are centralized, they will fit the bill nicely towards transforming the world's economy as we know it. But they cannot destroy Bitcoin or other well-known cryptocurrencies because of their decentralized design. Both Libra and XRP's success will not have any effect on Bitcoin or altcoins whatsoever. But be aware, that Libra's popularity within the mainstream world might help increase Blockchain adoption towards astronomical levels. It's only a matter of time before Libra launches by 2020 (hopefully) in order to rival the existence of XRP. Even if it doesn't overcome XRP, both ledgers could exist alongside each other for years to come.

Nonetheless, time will tell us what will be the fate of these centralized cryptocurrencies within the mainstream world. Just my opinion

[Koobtcgal]

Both of these coins are centralized and although the financial bodies are partnering with xrp, it doesn't mean Libra will get that support. They all put forward what they want and if facebook can do that, they won't get partnerships. I know facebook's CEO is one guy who like to do things by himself and no partnerships. This may affect him.

The fact and bottom line is that Libra may be widely accepted but it may not be able to compete with bitcoin and the old currencies and even if things are done underground, to make Libra the best coin,  it shall be noted. We all know of how people criticize xrp for the kind of management that goes on with xrp issuance.

[sky_Gritzz]

the both of them use blockchain for make transaction, i don't think if Blockchain technology is a centralized and i don't agree if XRP is a centralized if we understand about blockchain mechanism.

i'm not a fan of XRP we can't say XRP is a centralized even many supply XRP are hold by Ripple team, but i can't say if XRP are centralized coin

[SlimShadyMmp]

Am waiting to see libra launch and how the market is going to react to the whole coins and its usage..Dont get me wrong there is a large hype for it but lets see how it circulate and get used first before the XRP going down Lets not forget XRP are still strong in the market with multiple partnerships and they basically know what they are up against

[bitkanu]

the both of them use blockchain for make transaction, i don't think if Blockchain technology is a centralized and i don't agree if XRP is a centralized if we understand about blockchain mechanism.

i'm not a fan of XRP we can't say XRP is a centralized even many supply XRP are hold by Ripple team, but i can't say if XRP are centralized coin

Can you say if ripple isn't a centralized coin after reading this article
https://www.investopedia.com/news/why-some-claim-ripple-isnt-real-cryptocurrency-0/#targetText=Ripple%20has%20no%20mining%20or,much%20power%20the%20miners%20have.
I hope you can get the main point why ripple is a centralized coin
i will try to quote the important massage from that article

Ripple has no mining or miners whatsoever. Instead, transactions are powered through a “centralized” blockchain to make it more reliable and fast. Mining is a core tenet of most other cryptocurrencies, and each uses their own system to determine how much power the miners have.

that's more than enough to proves if ripple is centralized.

[Abiky]

Both of these coins are centralized and although the financial bodies are partnering with xrp, it doesn't mean Libra will get that support. They all put forward what they want and if facebook can do that, they won't get partnerships. I know facebook's CEO is one guy who like to do things by himself and no partnerships. This may affect him.

The fact and bottom line is that Libra may be widely accepted but it may not be able to compete with bitcoin and the old currencies and even if things are done underground, to make Libra the best coin,  it shall be noted. We all know of how people criticize xrp for the kind of management that goes on with xrp issuance.

That's certainly true, mate. Despite these facts, I believe that Libra might turn to become successful in the long term due to branding recognition (Facebook). After all, Facebook is the world's largest social media conglomerate where most people have heard of it. That mainstream recognition could prove to be beneficial towards Libra itself, as the chances of adopting the cryptocurrency for everyday transactions becomes greater over time. In contrast, XRP's Ripple company is not well known within the mainstream world. It may have gathered a lot of bank partnerships, but it may all come to an end once Libra becomes prominent upon launch. We've seen the most recognized companies of the world backing Libra (like eBay, PayPal, Visa, etc). Libra could gain a competitive advantage over XRP because of its greater support of businesses and corporations worldwide.

Which is why, I believe that it'll be survival of the fittest between both Libra and XRP. Being centralized cryptocurrencies, shows us that they may get the attention they deserve within the financial industry. However, they'll never defeat Bitcoin or other decentralized cryptocurrencies because of the way they're designed. After all, Bitcoin is the one cryptocurrency which started the crypto craze. Companies, businesses, central banks, and governments worldwide began interested into Bitcoin's blockchain technology after its inception. In the end, no matter how hard these centralized cryptocurrencies try (Libra and XRP), they'll never become a replacement of established cryptocurrencies like Bitcoin and Ethereum. As time goes by, we'll see how successful Libra and XRP will turn out to be within the mainstream world. Just my thoughts

[kannikaamudee]

 im holding xrp right now and i never encountered any problem with it. Libra needs to prove itself in the cryptocurrency first before compared it with xrp lol

[BlacksmithCorporation]

Ripple primarily focuses on promoting financial institutions to adopt XRP, unlike Facebook that plans to integrate Libra into its popular social networking platforms like WhatsApp or Instagram.
At the present time, if have to compare, the win is in favor of XRP. XRP complies with legal regulations throughout its 6 years of operation, which shows that Ripple is involved with the government at every step. In the meantime, Libra has had a lot of troubles with regulatory agencies.

[Shasha80]

When compared to these two coins, I predict Libra is superior, because libra is a stable coin, almost certainly more accepted
globally by the world. Unlike xrp which is not a stable coin so the price is more volatile. Then excess libra compared to xrp
was created as an alternative payment like fiat USD. So you can be sure of the libra's future can be used to make payments
in marketplaces such as amazon, ebay, alibaba and of course it can be used make various daily bill payments. While xrp is not
possible because it is not included as a stable coin. The advantage of xrp is only one compared to libra, which is that as an
asset for trading on exchanges, can get large profits if we invest in xrp.

[Oneandpure]

Considering that Facebook's Libra will be an extremely centralized cryptocurrency, it might very well be adopted by financial institutions within the mainstream world. Ripple's XRP also has the same purpose where it could drive mainstream payments in a fast and cheap way, backed by many Banks worldwide. While both Libra and XRP have their similarities (in terms of centralization) they're certainly different by design.

If Libra's launch becomes a success, then XRP's existence may be threatened over the long term. Both cryptocurrencies would battle head-to-head in order to become the top choice of Banks worldwide. Comparing Libra vs XRP, Ripple has all the possibilities of taking the lead because of the many partnerships it has established with Banks worldwide.

Which is why, it makes me wonder whenever Libra will become the currency of the world or XRP? Or will they co-exist in the future?

How come Libra vs Ripple you make discussion, did you get how to buy Libra coin until today without have many information where we can purchase Libra coin, just make discussion price with altcoin have listing on exchange market, you waste your time with Libra without have new update with their coin, maybe team Libra have gone and Libra coin cancel opening or selling to public investor.

[setialovers]

When compared to these two coins, I predict Libra is superior, because libra is a stable coin, almost certainly more accepted
globally by the world. Unlike xrp which is not a stable coin so the price is more volatile. Then excess libra compared to xrp
was created as an alternative payment like fiat USD. So you can be sure of the libra's future can be used to make payments
in marketplaces such as amazon, ebay, alibaba and of course it can be used make various daily bill payments. While xrp is not
possible because it is not included as a stable coin. The advantage of xrp is only one compared to libra, which is that as an
asset for trading on exchanges, can get large profits if we invest in xrp.

Agree, if it is launched, I think Libra Coin can beat the value of the XRP market cap. Support from Facebook certainly affects investor confidence and if it is launched, Libra Coin could dominate online transactions in the future