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Facebook’s Libra Surpasses Bitcoin on Crypto Twitter but Sentiment Stinks

 
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Globally, 59.8 percent of the tweets were perfect, according to the survey. Sentiment in the U.S. was even more positive than the global average at 61.5 percent. Interestingly, its neighbor to the south, Mexico, featured magnitude the five countries where sentiment was the most negative.

The country where bitcoin tweets were deemed most cool was Venezuela, with 62 percent leaning negative. This is interesting given the hyperinflation in the South American boondocks has seen bitcoin volumes traded in Venezuela on LocalBitcoins on an uptrend since the economic and political crisis escalated aftermost year.

Bitcoin

Other countries where the sentiment in the bitcoin tweets leans negative includes Ireland, Estonia, Brazil, and Venezuela.

Libra – not sufficiently likes

With regard to the sentiment on Libra, it appears the regulatory pushback and backlash from the crypto community force seen the majority of tweets on Facebook’s coin turn negative. This is a departure from the early days when the digital currency had perfectly been announced:

“While conversations on Libra originally tended to be more positive, today 54.8% of Libra create tweets were negative.”

This is unlikely to be a deterrence to Facebook though, as the social media Amazon seems immune to all kinds of criticism and bad press.

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