In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

Share this post

In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Halfway Between a Stablecoin and a PayPal Competitor, Facebook’s Diem Is Not a Threat for Bitcoin

Halfway Between a Stablecoin and a PayPal Competitor, Facebook’s Diem Is Not a Threat for Bitcoin

Bitcoin is the real signal.

Sylvain Saurel
Dec 04, 2020
∙ Paid

Share this post

In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Halfway Between a Stablecoin and a PayPal Competitor, Facebook’s Diem Is Not a Threat for Bitcoin
Share

Announced with great fanfare in June 2019, Facebook's Libra digital currency project quickly triggered the wrath of the world's major economic powers. Facebook's Libra was initially intended to be a stablecoin backed by a basket of the world's major currencies (U.S. dollar, euro, yen, pound sterling, ...).

With the Libra Association, Facebook wanted to s…

Keep reading with a 7-day free trial

Subscribe to In Bitcoin We Trust Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Sylvain Saurel
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share