The difference between bitcoin and Facebook’s Libra

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The cryptocurrency industry cannot get enough of Libra, touting its ability to gain mainstream adoption which bitcoin strived to do for years.

“Libra is potentially one of the most positive external tailwinds in Bitcoin in its 10-year history,” said Spencer Bogart, of Blockchain Capital to CNBC over email.

However there are differences between bitcoin and Libra and it stems from their use case.

Use-case

Bogart explains that Libra is a medium-of-exchange where users can send money and house…

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