Bitcoin is a digital currency that was created in 2009. No banks are involved in digital currency transactions, and skeptics have long been concerned with the inherent risks related to its lack of government oversight. Facebook, a world leader in creating, storing, and facilitating non-money transactions, has jumped into the digital currency market with its own version of Bitcoin called Libra. In a world where currency is transacted minute-by-minute based on values established and backed by governments, digital currency represents what many call a high risk.

1) Will libra be the next bitcoin? ( explain )

2) Do you think that virtual real-estate could become a successful business model like Bitcoin? (https://www.sandbox.game/en/) (explain )

3) Is the Canadian Dollar undervalued? ( explain )

Answer rating: 100% (QA)

Answers 1 It is difficult to say whether or not Libra will be the next Bitcoin While Facebook has a large user base it is still unclear how many people will actually use Libra Additionally there are a... View the full answer