A Debate on Libra versus Bitcoin is one of the main topics in this popular social network. Also, the surge of the Bitcoin above $11,000 has hit the main financial TV channels.
Some hours ago, CNBC Squawk tweeted a Bitcoin alert when the cryptocurrency shortly reached the $11,000 level, and Susquehanna’s Bart Smith spoke about Bitcoin and Libra.
The introduction of Libra illustrated the real benefits of Bitcoin that was absent from Libra says @JoeSquawk
"It's clearly a positive for Bitcoin," says Susquehanna's Bart Smith. pic.twitter.com/GgRYh0y10n
— Squawk Box (@SquawkCNBC) June 24, 2019
Afterwards, SquawkCNBC posted another tweet with a short video on which Joe Kernen, commented his view about Libra:
Dollar is the currency of the State,
Libra is the currency of corporations
Bitcoin is the currency of the people
wow that's good. who said that https://t.co/bRW8CpbL3x
— Joe Kernen (@JoeSquawk) June 24, 2019
Joe Kernen’s sentence “Bitcoin is currency for the people” seems to have made a bond with lots of people as if they were expecting somebody with a public appeal to state what they wanted to hear most.
A Twitter account called @Malibutrader tweeted:
Replying to Replying to @SquawkCNBC and @JoeSquawk
The complete thread is there, so there is no need to keep re-posting messages. Everyone seemed to agree with Joe’s statement about Bitcoin being the currency for the people and thanked him for letting people not versed in the crypto world understand that.
Meanwhile, CNBC’s Squawk showed a tweet of an interview of CirclePay CEO, who talked about his belief that the future will see the growth of non-government-based money and the importance of Bitcoin.
"We think that fiat or government issued money based cryptocurrencies are going to grow in popularity," says @CirclePay CEO @jerallaire pic.twitter.com/Pg5GngOZbq
— Squawk Box (@SquawkCNBC) June 24, 2019
