Facebook's Libra Vs. Conventional Cryptocurrencies: Stark Contrasts Between Investment And Speculation6

Editor's note: Seeking Alpha is proud to welcome Roger Teoh as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Essential. Click here to find out more »

Blockchain, the underlying technology powering cryptocurrencies such as Bitcoin (BTC-USD) and Ethereum (ETH-USD), has attracted the capital of investors, speculators, and institutions alike as it holds tremendous potential in reshaping and disrupting the financial and banking industry. Last week, Facebook (FB) jumped into the fray and unveiled its plans for a new global digital currency, Libra, scheduled to launch in the first half of 2020.

Original source

Add comment

Please Sign in to be able to leave comments.