Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.
, comes in. Each of the nonprofit organization's members have invested a minimum of $10 million into the project.
"Cryptocurrencies are defined by their lack of reliance on trusted intermediaries," Peter Van Valkenburgh, director of research at the cryptocurrency policy think-tank Coin Center, said in a"We believe that Libra is not a cryptocurrency because of its use of a permissioned ledger and its reliance on a trusted issuer to hold and manage a fund of assets that back the currency.
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