Venture Capital Fund Pantera Capital CEO: Libra will have a huge positive impact on cryptocurrencies such as Bitcoin

Dan Morehead, CEO of Pantera Capital, a crypto-asset venture capital fund, recently stated that Libra will have a huge positive impact on cryptocurrencies such as Bitcoin. Morehead said that fierce competition will breed the most powerful network and thus provide real benefits to society. Just as cryptocurrency may be the next evolution in the financial world, the cryptocurrency itself will evolve. The approach described in the Libra white paper is to strike a balance between the two existing financial systems, which means that it is possible to absorb the greatest strengths of each of the two systems.