Founder of BK Capital: Libra is not a real cryptocurrency, there is still a third-party trust problem

According to CryptoGlobe, BK Capital founder and CEO Brian Kelly said in an interview that Libra, the Facebook cryptocurrency project, is not a real cryptocurrency, and it retains the existing system that requires intermediation. He pointed out that from the perspective of the average user, although it is possible to exchange Libra with any legal currency and purchase goods or services with Libra tokens, Libra can be exchanged for legal currency. But there is a problem in the whole process, that is, Libra is not guaranteed to be credible. Bitcoin does not have this trust problem, because there is no third party that needs credibility from the beginning.