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Bitassist’s Head: Libra Should Not Be Seen In The Same Light As Bitcoin

06:05

Sunday , July 14th 2019

James Bennett, head of cryptocurrency research firm Bitassist, argues that Libra should not be seen in the same light as Bitcoin. “In the long run, people may realise that Libra is not a cryptocurrency,” Bennett said at the FinTech Week event. “A true cryptocurrency should be resistant to attacks by all parties, from sovereign states to global corporations,” he said, adding that “cryptocurrency is a type of money used to transfer value over the internet that cannot be stopped, confiscated or destroyed by any single entity”.

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