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Bitcoin vs. libra

i need an advice from the bitcoin-millionaires here :wink:

what about your bitcoins when libra is getting started? long or short?

Bitcoin is the gold of cryptocurrencies. Or perhaps more something like a gold-backed reserve currency for the whole cryptocurrency ecosystem. I haven’t checked out the technological specs of Libra, so I can’t say much about that. Cryptocurrencies have the big advantage that you don’t need to trust big governments or big corporations. Having a cryptocurrency effectively issued by a big corporation kinda undermines that advantage. I don’t trust Facebook very much. They have too much power and have shown that they are eager to abuse it.

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