But why would Libra increase rather than decrease interest in Bitcoin? Is there any actual rationale?
During the last 3 months, when my stocks are red, Bitcoin is green.
Libra has nothing to do with the current rise.
But because the media works the way it does, Libra will be used as an excuse to lure people in and thus ending up actually affecting the price
Long term libra will be bad for bitcoin if it actually catches on imo
Regulation in Libra will eventually push people to Bitcoin, or atleast that is the expectation.