In case libra coin will get approval from US Securities,
Will it dominate the cryptocurrency market?
Currently Bitcoin has dominance of 68% in the market.
Will Libra coin reduce the dominance of Bitcoin market?
Facebook is one of the biggest social media, and until now the user is the most. besides that facebook also has so many business users, and if they use libra continuously, it can dominate the market. for example, currently, USDT has the largest volume despite a lot of negative news from it. When Libra enters the crypto market, and Facebook users use it, of course, it will dominate.
at this time so many entrepreneurs who refuse the use of bitcoin, but I think not with libra.