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I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.

https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit

As you have said it is centralized and they collect almost every data that they can. Where you have got that idea that people should love xrp and love libra at the same time?
You just can't tell people what to hate and what to love.

If a big believer in decentralization, then yeah, you'll hate FB coin.

For most of the world, they could care less if a coin is decentralized. To be honest, I'm not
sure how a stable coin could even be decentralized to begin with. I'm not a fan of FB myself,
but overall I consider Libra a good thing.

It shows the public that crypto will go mainstream.

Personally,  i think it will be too much power vested in libra if it is launched. Just imagine the 27 big companies that are involved with a lot of their customers.... Apart from being centralized,  these guys can decide anything and NOBODY will be able to do or say anything about it. I am happy US lawmakers intervened and told facebook to come and answer allegations levied against it first.
2. Why would you need a permissioned blockchain  for a stablecoin?. This is not a blockchain that will allow dapps to be built on it.... It's just for remmitance!!!

probably, Libra will be one of the valuable coins at the future and it will have high value better than XRP. So far, the hype of Libra really can influence many sectors, moreover it is created by the high company, Facebook. Well, Libra will be a stable coin an dit may be centralized, it may be also used for payment method around the world. This thing may infleunce the crypto holders chance to make other cryptos better.

The major reason why many crypto enthusiasts stand against or show concern about Libra is because facebook announcement about ban of crypto ads once caused a downtrend in the entire market. Now they are doing their own coin, many will look at it the other way round, it's not their fault entirely. Well, I believe Libra is a welcome development.

Yeah I also think this is one of the reason, facebook announcement about ban of crypto ads is the cause. this announcement  is like Facebook wanna cut off the other coins, but who can say no about it because its their privilege to do that.

Not all hate Libra. Sometimes only a group of people who hate because they have reasonable reasons.
Indeed, with the emergence of Libra will have positive and negative values for the world of cryptocurrency.

Recollect for yourself the news on Facebook that they ban the cryptocurrency advertising. And now we see that they themselves are launching such a project is Also centralized. And provide them with your personal information. I'd rather use my Bank than trust Facebook. I don't see why I should like their Libra.

By the way Libra (Facebook coin) is a stable coin like tether or PAX (fiat stable coin). and all fiat stable coin must be centralized because they need backed by fiat and the company must prove it.

Because that will be a centralized coin. Crypto is a coin that used p2p system that based on the decentralized network. Remember about a big olayer will always try to create domination. That makes some people are speculating if fb wanna try to get a lot of monry only from libra

You can sell or buy whatever you like, no one persuades you not to buy centralized shit coins. But as I see Libra is a tool to manipulate people's wealth, centralization is not what the crypto community wanted. To use Libra =  to use bank services.

why replace central banks worldwide with a super central bank controlled by a few companies?
it's a terrible scenario, this is the opposite of bitcoin. it's even bigger - and worse - than xrp

How can they hate Libra?
to my knowledge Libra will be a stable coin right?
it seems that it won't have a major impact on other cryptocurrencies.

Buddy we should try to respect each others choice, everyone has its own decision, Maybe its favor or infavor as we see Facebook's Libra is one of the hottest topic around the cryptospace, and even the people that are not crypto aligned also capture and joined the topic and start asking about cryptocurrency, for me the hype was effective for the facebook users and starting to explore about the world of cryptocurrency we should avoid spreading hate just spread the kindness.

I don't think Libra is bad. But you seem to misunderstand the nature between XRP and Libra. Libra is not crypto like XRP. Libra is stablecoin. It's like USDT, USDC, PAX, ...

However, the market needs such coins. It's like a armor for a trader. This will partly help the community expand. That's the value Stablecoin created.

yes, thats right
don't forget when facebook show us the whitepaper from libra, a new demands coming to crypto world
and thats make a lot of crypto run in green mode until now and thats mean libra bring a good impact to this crypto industry

Unnecessary.
Dysfunctional.
Very central.
And it's far from being something new. It is a coin that is issued only to exist in the market.

I am sure that not all crypto fans hate coins from Facebook, because everyone's perspective must be different, so it still depends on each individual and we should not claim all crypto fans hate coins from Facebook.

not all crypto fans hate facebook coins, it's just crypto beginner fans who do that. now if the logic of senior crypto fans will definitely try to get profit from facebook coins instead of hating it instead. so it's not relevant

because facebook or Libra project has a great and big potential for achieving success, it proofed by many big project already being partnered and support Libra project.

Libra I think has made BTC or crypto more popular, why would they hate facebook coin, they couldn't care less about it. These enthusiast may not even have facebook account. Wa all hate the KYC, the more we hate it if the company spy on us and our buying habit but while this hate doesn't become helpful, facebook doesn't care about this anger as well. But right now, it appears they are going to make BTC widely accepted.

I think crypto fans who hate Facebook coins don't understand the coin at all. even if they can understand I am sure they will invest and make a profit from the coin

because libra coin is just a stable coin like usdt so we wont be able to make money off of it. That is why people love xrp and hate libra. And i think that libra coin have really nothing to do with the crypto world besides from making cryptocurrencies known all over the world which is i think a massive thing too when it comes to crypto adoption.

You get it all wrong here buddy for no genuine crypto enthusiasts like every cryptocurrency that's decentralized in nature and XRP was supported by the private companies with the institutions which you should have already know through it price movement.

You're right Facebook coin (Libra) could be a giant step for cryptocurrency been the mainstream of payment since a couple of institutions are already understanding the benefit of crypto which is why I slightly support facebook coin.

Who said people loves XRP? XRP has so many haters as well because it's simply accused of being a cryptocurrency made by bankers and is actually centralized but capital solve all those problems. People will still use XRP anyway because of the huge liquidity.

Um, everyone hates xrp.
Just because it is the 3rd biggest coin doesn't mean people like it you know.

For Libra, you really need to think, "What kind of mainstream adoption do I want?"
Just because it is mainstream doesn't mean it is good.
In fact, blockchain was first designed to go against the mainstream financial institutions.
For crypto enthusiasts, it is not just about making money, it is about the evolution on how we interact and do business with each other.

Libra is a step in the wrong direction.
They are taking the best parts of blockchain and trying to control it.
A good analogy would be the debate on internet bandwith in america where major corporations want to be able to control bandwith and charge for more.

Satoshi made bitcoin to provide a way to circumvent these big banks and megacorporations, not give them more control.

It's centralized and will become a track record for analyzing all the data found within wallets. Facebook knows more about us than we realize and they will soon have our transaction information. There are privacy focused crypto projects like Elixxir that are educating people about the importance of their personal data both for payments and how we interact via social apps. I highly recommend everyone to look into this topic

The people that hate ripple are the same people that hate this new facebook coin, and they hate it for the same reasons, it is a centralized coin controlled by a big corporation that wants to take your privacy away by all means available to them, however that is not going to stop this new coin to be extremely popular among many members of the community so I am not worried about the success of this coin, however even if this is a step in the long road towards adoption I do not consider it a forward step, after all what is the point of having cryptocurrencies becoming more popular if the coins that are the most used are the same as fiat?

No serious investor or crypto entrepreneur will hate fb coin because as long as it is positive for crypto market and as long as it is associated to blockchain technology it is going to be good for crypto market.

Is any crypto enthusiast said that they support XRP? So you can expect yes for Libra as well because the answer is simple its centralized.

They are doing this for users welfare or for their profits? This against and again say what is you thought about libra.

The main purpose for which bitcoin and cryptocurrency were created was to create a decentralized system that is without the interference of government or centralized organizations.
It already seems that will be hard to achieve because the crypto world still needs to have some government regulations in order to achieve main stream usage.
Hating facebook coin because of its centralized nature is pointless because it will promote more adoption of cryptocurrencies for the world

i actually thought Libra such as the name suggests should connote freedom but the reverse is the case with Libra coin. I still believe Facebook should first answer to the user data leakages first before proceeding with Libra Coin. They said Libra will not be connected with user's facebook profile but the question is 'how true is that?'.

I'm indifferent about the Libra coin but one thing I know is that it's good for crypto. It will only speed up adoption and pull interests from big corporations.

Because they are laughing at the concept of this "coin". We understand what does blockchain technology and cryptocurrency means. It seems that Facebook not  ;D.

Many people do have negative feedback when it comes to social media and the consequences that it has for millions of users worldwide. The same people who will not show any trust on facebook, twitter, and other social media websites and apps. There are many allegations of mismanagement and selling of private data. And these people will not trust anything coming from the said social media organizations.

There are some who don't believe with Libra knowing its characteristics as a stablecoin and manage by facebook which will surely collect personal information before you can have Libra jn your account. This in turn, crypto entusiasts give a negative ratings on it. Since a lot of people here started with anonymity, it's really hard to get with the kyc thing.

Well, many speculations around have it that the recent spike in price is as a result of the release of the libra whitepaper. I don't see this as a bane to the crypto space but rather another giant step towards greatness because this is capable of attracting huge investors to the crypto scene.

I think the crypto community does not hate Libra Coin because in the end we only want make profit from our investments. I think crypto community just being vigilant on Libra Coin and the influence on the crypto market

I think because it ruins the main feature of cryptocurrency which is decentralization. Its nature of being centralized fears some crypto enthusiast well its not necessary to use this coin in the future if you want to be safe but on the on the other hand I think it has some good effect it will spread awareness to the public about cryptocurrency in all continents.

Libra is stablecoin. It's like USDT, USDC, PAX, ...

- Don't make me laugh on this, how can you say that Libra is a stablecoin? are you kidding me? their launch is not starting yet. Aside from that it is transparently centralize based system just like XRP. And I hate that honestly speaking.

I think many hates facebook coin because it seems it can threaten the bitcoin dominance since libra gained supporters through facebook users.

Well they even compare Libra to bitcoin which I think is not right because Libra is centralized and a stable coin while bitcoin is the total opposite. Instead of bitcoin, why they didnt compare it to USDT since its a stable coin too.

The Facebook coin is a very hypocritical project.

First Facebook do not allow crypto ads or pages! But they advertise their own coin at will, that doesn't sound fair right?

Then the Facebook coin is centralized, under the feeling it is not. Actually you cannot mine it and you can reverse any transaction just with the private key that Facebook and the US government will have of course.

So if you want your money safe, avoid this coin. FB is a s*hit company, who desperately need to bond with the US government to avoid being investigated. Like Microsoft, they will do whatever it takes to pet the NSA and get away with all their illegal behaviors.

It is not going to do anything for our crypto field because it is centralized so will work for the profits of people who created it not for the users.Stable currecy means value of fiat so it is not going to give any profits literally due to the inflation.

I don't hate Facebook coins, I think with the presence of this coin, it will greatly affect the interest in the world of cryptoqurrency, there will be many new people joining and taking part in the world of cryptoqurrency. related to their coins I will not argue much moreover they have not yet appeared and are still in the process. it's only about the big influence on public adoption

Why don't you asked the people who strongly supports XRP? Many people do not like libra and xrp.

I think you are assuming too much that those people behind libra are thinking of crypto mainstream adoption. They are only thinking of libra adoption.

It is possible that some hate this new facebook coin because of that but I find unlikely that we are going to see that coin threatening the dominance of bitcoin over the market, there are many coins out there which are similar or that have principles that run against the principles of bitcoin and yet not a single one of them has proven to be a long term threat to bitcoin and since Libra is going to be nothing more but another stable coin I doubt much is going to change in this market.

Firstly, people hate Mark Zuckerberg after his data selling incident. How can you possibly believe in a person who once stabbed on your back? Secondly, cryptocurrency is all about decentralization meanwhile Libra is obviously centralized. Finally, Libra, with the population of facebook, will affect crypto and make goverments take eyes or even insert their nose to cryptoworld. The only thin Libra can contribute is a free marketing tool to cryptocurrency world.

Really understand why people hating on it but actually Libra has stated that it's a stablecoin and there's plenty of centralized stablecoin aswell, I don't see any problem with this though and USDT or such receive less hate from people, maybe the image of being issued by a huge company affects a lot.

I want to invest with LIBRA coin as the hype in the community is really high.
It is also an eye opener for many people who dont know cryptocurrency.
It may also be a bridge for the crypto to countries and merchant for acceptance.
Though the idea of being centralize is not a good thing.

actually I and everyone in this community don't hate it. Libra is good for accelerating mass adoption. but centralized is unacceptable. look at ripple, the coin is too much trouble because of this. XRP has never been separated from manipulation rumors and others.

Point is that true crypto enthusiasts hate both xrp and facebook coin(libra) because of centralization.
As for me I libra has no interest, because it is stable coin and I can't gain on it. + they have all data about my personality and payments= lack of anonymity

I cannot make any statement about this Libra coin. I only monitor the development of this coin in the future. because if Libra has good products and management, it is possible that this coin will be very advanced. then, don't make excessive statements about this coin.

As a social media site all will love Facebook as a good company to use but to you have them for decentralized market will never work. Because Facebook is a centralised business company they will not be fit for decentralized market.
I don't know how many people looking to invest on a Libra coin when the release them in the marketplace but personally I will not prefer that coin for investment.

I think not only facebook coin, but a lot of coins might be have hater. Maybe want to get cheap coin or anything else is the reasons. If me, my opinion is because facebook already have problem with their user's data, and it can make bad thing for user itself. Only opinion actually.

No one pushes people to invest in Libra and share their data. I guess Libra is not loved for many other reasons. Although it will be not real crypto, Libra can compete with the best altcoins and even Bitcoin as the currency for online operations. It will be a global stable coin, which should open the doors to the world of financial services for more than a billion people around the world who cannot receive these services from banks.

Because it is not a crypto currency, as they stated already. Libra coin is another centralised payment method, based on blockchain but this is it. Nothing more familiar with crypto currencies industry and it would be strange if Libra would be called a crypto currency.

Personally I hate the fact that Facebook once banned the promotion of bitcoin and other cryptocurrencies on their platform and therefore bringing the entire crypto space to disrepute, coming back to establish something in the same space is shear hypocrisy

Nobody hates Facebook coin
Neither is there s hate campaign against it

Truth remains that with the level of privacy and data in fb csre; a coin would expose the anonymity of crypto currency

**EDIT - seeking to get this discussion further I have copied and pasted it to make a new topic.

https://bitcointalk.org/index.php?topic=5159302.0

I don't think that people hate Libra, I think they are worried, maybe even afraid?

Lets think about the facts:
- Facebook has 1/3 of the world as its user base (2.4 billion users)
- Libra coin will be very easily accessible to all of facebooks users
- Libra coin will be a stable coin, price will not fluctuate providing users in 3rd world countries with a medium to store their wealth.


There are already countries (like venezuela) where a national financial crisis caused fiat money to lose all worth. In desperation people are moving their life savings to bitcoin... Considering that bitcoin is a hard resource for the average person to use, imagine how quick adoption of Libra will be. Libra will be available to use on every cheap smartphone. Developed by Facebook it is sure to be a very user friendly experience, everyone will be able to use Libra. People will use it like real money in every possible way through things like facebook messenger, online shops, international transfers, peer to peer transfers...

Facebook has penetrated our lives in almost all possible ways; relationships, news, entertainment, social gatherings, advertising... the list goes on. The only thing facebook still doesn't have control over is our money. Here comes Libra...  

The snowball is rolling, it can not be stopped.

Imagine the world in 20, maybe 50 years.

With the addition of Libra, and a very smart plan for user adoption Facebook can rise to a position of such great power, that it will be in control of the whole world.

OP's provided link has 0 comment so there's no people hating on Libra there  ???

There will be always a hater/s on everything and Libra Coin is no exemption but I see more of a good side on it rather than the bad because it will expose the idea of cryptocurrency to those people who are less knowledgable about it and with that Bitcoin and other altcoins will benefit from it too.

XRP and other centralized cryptocurrency was there for a long time then why we would hate Libra coin?

The main problem with libra coin once it is operational is the privacy of those individuals that will use this stable coin. If they are collecting data from all your expenses or coin movements, basically, they know your everyday pattern. And you don't know where those data will end up to? Is FB team really a trusted group? If you are an active fb user, for sure they know most of your life already.

How can you love XRP
Almost nobody loves XRP here  ;D

General speaking, we don't aprove facebook policies, how they get your info and sell them

Yes, that is a bad past that I still remember that Facebook once banned Cryptocurrency ads on its Facebook, and at that time I really hated it too, but we must forget the past, we see that Facebook will increase the price of Bitcoin again by joining cyptocurrency this time.

I don't know about these people, but for me, it's just ok and alright for Facebook coin to launch their own coin and to pick and create their own roadmap and platform, some years ago there is a lot of speculation that Facebook is going to have their own coin and now it's happening, people just welcome what eventually going to happen.

not everyone hates facebook coin, many of them are still waiting for the facebook coin to be launched, so I think this is a normal thing if anyone likes and there are those who don't like new coins.

Says who? Who they hell loves ripple, for the fact that you see ripple on that top doesn’t mean it is because of people’s love for it, in fact ripple team must have been a very strong one that they are still surviving despite all the stones thrown at them almost everywhere. People don’t like appreciate anything that is fully centered on centralization again.

Most of the coins that are centralized in nature are being hated because they are already going out of the reason why cryptocurrency was created and Facebook is not exceptional of this also, people will use Facebook quite alright, but would not be as a result of their love for it, since it is going to be more like a centralized token too which may be competing so much with ripple.

I prefer Libra Coin compared to XRP. But I think no one hates Libra Coin and can even be said to be enthusiastic because with the Libra Coin, the adoption of cryptocurrency will be faster

Agree, even many investors are looking forward to the launch of Libra Coin because many will surely use it. With the number of members reaching billions, Libra Coin's chances of success are very large and also Facebook members can transact between members quickly and cheaply

Those main reason probably was that it is centralize, and many community in the entire world are not deeply mature in crytpo or blockchain technology, all they know was they one of the subscribers of Facebook but they're not aware about the difference between centralize and decentralized system in terms of cryptocurrency.