Bitcoin’s backers are adamant that Facebook Inc.’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells opportunity. On Tuesday, Facebook released the details on Libra, which the social-media giant is building and will manage through a consortium that includes Visa Inc., Uber Technologies Inc. and more than two dozen other companies. The corporate element marks a contrast with bitcoin, which was created a decade ago by an anonymous coder...

Source: Wall Street Journal June 18, 2019 11:48 UTC