by cointelegraph 09/14/2019
|Synthetix Network Token||$0.41718|
Facebook’s Libra Coin has been all over the news the past few months as more tech giants invest in the network. However, many people in the cryptocurrency community are skeptical about the new stable coin, saying that Libra doesn’t have the properties that made Bitcoin what it is today. Issues with Centralization As many people have pointed out since the announcement of Facebook’s Libra, this new coin has a large number of differences versus Bitcoin.
The high inflation figures for altcoins like ZCash (ZEC) and XRP are providing yet another basis for the “bitcoin is king” argument. Indiscriminate Dumping Hurting Altcoin Value Tweeting on Friday (September 13, 2019), economic and crypto analyst, Alex Krüger highlighted the relationship between high inflation figures and poor price performance for certain altcoins. Crypto inflation rates, as measured by @viewbasecom. There is a disproportionate percentage of $ZEC and $XRP pouring into the market. No wonder
Hodl Hodl plans to make its software freely available so anyone can launch their own version of the peer-to-peer bitcoin exchange.