When Facebook announced plans for its Libra cryptocurrency last June, the debate on the impact of digital currencies on the global financial systems took a hotter turn. Before Libra’s announcement, Bitcoin had already stirred the world with its ebbing and flow of its fortunes even as concerns about its security linger.
The discourse has now shifted to how competition between two major pioneering digital currencies will shape up. Already this discussion is being had in Kenya, with techies last Friday holding an event titled Libra vs Bitcoin, The Fight of the Century at Four Points, Hurlingham, Nairobi.
