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Why Facebook�s Libra Cryptocurrency Is In TroubleBitcoin and Libra both use distributed ledgers (loosely called blockchains) to record payment transactions between users. In short, both. Facebook's digital currency, Libra, is a mixed blessing for Bitcoin and other digital currencies�it could make or break them. While both Bitcoin and Libra are crypto assets that can be transacted as digital currencies, that's where the similarities end. It seems that.