What is the difference between Libra and Bitcoin?

[deepown 0]

2 hours ago, exmerphe said:

So libra will be a steady coin like USDT or something like that? I fair found out this data, much appreciated for sharing.

Okay thanks for sharing, but for that do you think libra is any better, or it is one of those unnecessary coins?

[bitcoinb 1359]

I don't like facebook. I don't like Libra. I prefered to invest in GRAM token but my funds was returned to me... I was sad but ....

[Man 741]

On 2/22/2020 at 7:02 PM, coirdenac said:

The as it were distinction is that the Libra is claimed by a fakebook and nearly no one can control it totally.

That is certainly a real difference. Bitcoin has no control behind it, but for Libra it will be controlled by Facebook and the libra association.

[Mh joy 28]

I'm new to crypto so I don't have the right idea about it.  If anyone knows about it, let me know I will know it myself.  And that would be great for me.

[Honny143 13612]

Bitcoin and Libra main difference is bitcoin decentralized coin and no one controls bitcoin its work freedomly in the market and demand and supply method decides bitcoin prices, but in Libra this coins founder is Facebook and this coin is centralized and IRS under works with Facebook and I think Libra is stable coin, and I don't think this coin gives competition to bitcoin

[Lunaa 238]

Bitcoin is the first ever cryptocurrency, and the king of cryptocurrency to boot. But Libra is a cryptocurrency from Facebook company. There's still no clear or exact date when it's going to be released or what, but Libra is one of the most anticipated projects. It will be a stable coin and I heard it can be used internationally almost anywhere. But that's why it has a lot of issues with regulations and governments. 

[mashara 107]

the balance of the seventh sign the zodiac,which the sun enters at the autumnal  equinox in September constellation between  vergo and Scorpio,bitcoin ---bitcoin is a digital currency created in jan 2009 bitcoin fee is low

[Zero001 59]

as far as I know, the outline is, libra is a centralized coin, while bitcoin is a decentralized coin. that is the big difference between libra and bitcoin.

[teminalibug 309]

On 2/23/2020 at 10:35 AM, Konika11 said:

I think, Libra is a "Trojan Horse" is  really is continuity to traditional electronic operations only that they are blockchain technology.
 
It will not be very different just looking to establish the old model in  new technology BlockChain.
 
The main difference is that the establishment is compatible Libra and Bitcoin is the people.

If Libra is a trojan horse, the so is XRP, i think these coins have come with inte3ntions of ruining the crypto world, people are so existed about these coins, not knowing they are centralized so risky to decentralized coins.

[Win 1015]

Fir me the real difference is the libra is just a dream.of work popularity and dream of mark zuckerburg while bitcoin is reality the very first crypto currency and the best among the rest. 

[Ionescu 115]

The difference between libra and bitcoin is that libra is being launched by one of the biggest companies in the world while bitcoin doesn't have an owner, creator or at least he is unknown. Still bitcoin will be better 

[Talilo88 47]

Bitcoin can be decentralized forex helping to make the benefit volatile but retains big marketing and advertising benefit although libra could be the most suitable choice for all, and also it could be employed effortlessly across the world being a repaired benefit forex which is reinforced from the greatest organizations.

[lharost 1526]

Libra is a junk centralized cryptocurrency like anything else that comes from big companies while bitcoin is a decentralized cryptocurrency which will give privacy and security to people once again.

[lharost 1526]

You should not compare such a low quality coin like libra which is also not even decentralized to bitcoin, bitcoin is the trusted coin and it has security and no person has control over it.

[Ayush Singh 1175]

Great post thank you for sharing such a great information with us because we were facing too much of problem while comparing Libra with Bitcoin most of the users were comparing it as a same cryptocurrency but while seeing your post it is all clear that Libra is also digital currency but accepted vastly.

[deepown 0]

13 hours ago, Setup said:

The only difference that is published is the bitcoin is decentralised and Libra is centralised.

so centralization of Libra is the only difference, and what could be the difference between Libra and XRP?

[Calvinpriva 17296]

Bitcoin is the leading crypto but libra can have many services in it because of the peoples behind it. Libra is a facebook coin and facebook is a business group with many partners, i hope you will understand what i mean.

[PiroSense 2681]

On 12/10/2019 at 10:32 AM, Crypto123 said:

but Bitcoin is a high and slower currency in conducting transactions.

Bitcoin is a decentralized currency, which is better for me than a centralized one. Being decentralized brings anonymity and away from Facebook's alleged privacy concerns. Libra, to me, is just another way of Facebook to collect and sell your financial activities (such as interests in your buying habits) to sell it to advertisers.

 

While in Bitcoin, there's no manipulating entity. No restrictions and limits. No privacy concerns. 

[Emmaxogi 33]

Libra is a coin however to be Launched and it is a Stablecoin, that is why I puzzle out not Lil it. I rather bitcoin and other unstable coin for investing. I be capable of just habit Libra to trade if launched.
 

[Shimla Diya 42]

The difference of bitcoin and  libra is so clear. Bitcoin is not centralized bit libra is centralised. Bitcoin works off a fixed supply of coins created during its inception a decade ago. On the other hand libra is backed by a basket of flat currencies. 

[Jhadhasan 872]

Finding a central digital currency is a very successful thing that this currency will achieve, but it cannot achieve superiority over Bitcoin very quickly due to the popularity achieved by Bitcoin. This currency will struggle for a long time to extract the Bitcoin from

[Cammer 4609]

On 12/10/2019 at 4:32 AM, Crypto123 said:

The Libra coin is expected to resemble Paypal and Bitcoin but with some basic differences:
The Libra currency relies on reliable real assets and currencies, which makes it more stable than a currency in Bitcoin.
- The Libra coin will also target users who do not have a bank account, but Paypal is done through electronic payment services, which are provided that there is a bank coverage.
- The Libra coin will be covered with real assets that are less risky than other cryptocurrencies, and the user will be able to convert real money to digital and vice versa without the need for a bank account, unlike a configuration currency that cannot be bought with real money or converted into real money.
- The Libra currency will be used in many international institutions such as Uber, which you can pay through, and some discounts will be applied when using the Libra digital currency for payment.
Libra is a digital currency that can be used for trading in Facebook, WhatsApp and Messenger applications, and bitcoin is only traded on specific platforms.
The Libra cryptocurrency will have an independent value and is linked to a basket of currencies, Bitcoin being a digital currency with an oscillating value.
Libra is a digital currency backed by 28 companies around the world, and with a configuration that is not supported by any official authorities.
- Libra's currency will be low-cost and faster in procedures, but Bitcoin is a high and slower currency in conducting transactions.

Libra is a centralised crypto currency whereas Bitcoin is decentralised crypto currency. I don't agree with people who say that Libra is more stable than Bitcoin because it's centralised. Both Bitcoin and Libra prices are unstable and there are a lot of ups and downs in their prices!

[Soaib khan 1035]

Many difference between bitcoin or libra coin bitcoin is decentralize coin and libra is centralized coin libra have owner bitcoin not have any owners many difference.

[doanvahauvk 34]

In simple term I will say bitcoin is the early crypto to be created while Libra is in views that means want to come into existence

 

[Syedaltafshah 19]

One of the biggest differences lies in the underlying technology behind both currencies. ... Libra also uses a form of blockchain, or distributed ledger technology. But unlike bitcoin, Libra's blockchain is permissioned — at least for now — meaning that transactions can only be added to it by a group of trusted parties .