Opinion: cryptocurrencies such as Bitcoin may become Libra reserves in the future

On October 30th, AdamantCapital founding partner Tuur Demeester compared Bitcoin and Libra in an interview: "I think it's important to keep this in mind, and this may be the danger – the public may mistake Libra for similar In Bitcoin, although from many perspectives, they are completely different.” He added that the main difference between the two is that bitcoin is decentralized and Libra is centralized. He further emphasized how Libra reintroduced asset-based currencies into the industry. Although the current basket consists of a list of French currency, Demeester believes that in time, Bitcoin or other cryptocurrencies will become part of Libra's anchoring assets.