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Bitcoin attracts more public interest than Libra and other Cryptocurrency | CryptoNews



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Bitcoin (BTC) started the Cryptocurrency market and was in a little over a decade, while its biggest competitors: Ethereum (ETH), LiteCoin (LTC) and Ripple (XRP) are between four and seven years old. . But all of the Cryptocurrency, with the exception of Bitcoin, was eclipsed by Facebook Pound, even though it is still waiting to be launched.

The price of Bitcoin has risen in recent months as an interest in Libra Cryptocurrency, planned by the social media giant, Facebook, to reach a feverish pace, but this has dissipated wildly as global regulators have poured cold water on the ambitions of the first. Social network of subscribers.

Now, a new study has been found That there is a "substantial" public interest in Facebook's potential as a bitcoin competitor, Despite the lack of trust in the company, there are even more people familiar with Libra than with Ripple's Ethereum, Litecoin and XRP.

Bitcoin And Libra Received Last Comment From US President Donald Trump last week, when he expressed his opposition to both technologies through Twitter. But Trump may inadvertently introduce the idea of ​​Bitcoin and Cryptocurrency to a whole new audience.

A new investigation through the brokerage firm ETORO, found that 58% of United States adults have heard of Bitcoin, the first and largest cryptocurrency in market capitalization, while Libra Facebook is already known by 16% of people. Month after it was announced.

Ethereum, the second largest Cryptocurrency, has only achieved 12% recognition since it was launched in July 2015, and it may be assumed that smaller Cryptocurrency such as Litcoin and XRP of Ripple are even less prominent.

We believe that the cryptography and bloc technology that supports it will be essential for tomorrow's economies. By presenting this concept to a new audience, Libra can play a very important role in the evolution of decentralized and more democratized finance.

Guy Hirsch, executive director of eToro.

Meanwhile, the study suggests that it is possible that people are not willing to leave on Facebook to properly carry out payments, perhaps due to their ongoing scandal about the exchange of personal information from users.

Of the 600 participants, slightly more than half (54%), Facebook expressed concern about the management of Facebook on their personal information.And only 17% of them believe they can be willing to trust their money To Facebook In the same way, they do with their respective banks.


Translation version of the article by Billy Bambrough, published in Forbes

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