Bitcoin Forum

Well!! Did you know? CEO of Tron Justin sun makes a bold statement on libra.

Justin Sun believes that Facebook’s Entry Into Crypto Will Facilitate Blockchain’s Bright Future.

Source: https://coinpedia.org/news/justin-sun-makes-a-bold-statement-on-facebooks-libra/

What's your take on this?

I don't believe what Justin says. However I believe that what Libra does will bring great benefits to FB and the world. Facebook will make the market recover strongly and be a big hit for the market.

Alright!! U mean Justin sun makes statement to be in the news?

Here is one crypto person supporting another crypto project. That is nothing amazing. Supporters of cryptocurrency and blockchain should be rallying together to advance the technology rather than be divided and negatively criticizing other projects for selfish reasons.

I kind of don't like calling Libra Facebook's Libra. This is causing more harm than good to the project. Facebook is not easy to trust, we all know this. And Libra will actually be ran by an association of which Facebook is but a single member and has a single voting power. Libra may be the brainchild of Facebook but it will not be moving forward under the total tutelage of Facebook. This is a common misconception of the project.

LOL.
just like Sun's creation TRON, Libra also doesn't contribute to anything, nor innovates anything. so saying it will do whatever to blockchain's future only shows lack of understanding what the technology is about.
copying the same things that has been done before and creating a new coin that has nothing "new" to it is called copycatting and in this world the product is considered a shitcoin.
then there is the centralization factor and also the fact that Facebook is a known company that is against privacy. and you can see how them entering this space can be even damaging rather than helping anything.

I didn't bother to read the blog post. Justin should concentrate on Tron and keep building on it and avoid the law enforcement agency by playing a fair deal in other to stay out of trouble. Libra already have too many issues to contend with.

Justin Sun's reputation is not perfect. He fake his kidney stone illness, not to have a dinner with Buffet (probably with that dinner he wanted to make a hype around his Tron), because later that day we was seen on a party, but not in the hospital.

So why even listen to what he said about Libra?

I agree with you buddy, he is doing it for tron's marketing

When dinner with Warren Buffet?  Was Carlos Matos finally invited to join Justin so they together represent crypto space?

He is not only one who is positive about Facebook Libra. Facebook could attract more than 2 billions of people and when they find out why cryptocurrencies are important, maybe some of them will buy real cryptocurrencies.  :)

Libra coin has been a big buzz for several months now and every here in the Crypto world knows Facebook Libra coin, in fact, I am tired seeing so many threads about Libra Coin, this is not new it's old new, why he is now saying this.

All the big developers are welcoming Libra Coin and the majority of investors already know Libra coin will contribute a lot to the adoption of Cryptocurrency, but I'm glad he puts it in a record, his words have a lot fo impact to the community of course.

Another joke from justin sun. Why Justin is not even boring to create a more and more controversial statement.
libra will be only stealing the demand from the crypto.  
I see nothing important from his statement and libra will become the stable coin and no more.
Libra bring nothing for us and it's only the next competitor for crypto stable coin.

And it would be best if Libra was not created at all due to the high regulatory requirements  :D. It will only show that centralized cryptocurrencies doesn´t have any sense.

of course there are many people who do not know blockchain will soon find out and so too many people who do not know crypto will soon find out. libra is the future for the development of crypto. hope libra will be released quickly so that the crypto space will continue to grow rapidly.

Did you know? Crypto lunch has been canceled

Facebook Libra tokens will bring more users into cryptocurrency. Facebook has over 2billion users out of the world's population if this huge population gets exposed to Facebook Libra, they will come to understand that there are other cryptocurrency in the space. Libra is a good approach to take cryptocurrency to the masses.

I think he maybe right but Ive got a feeling he is shilling it for a particular joint venture of Tron in the future. Facebook is a huge company we all know that and if Tron gets a huge partnership with them they will probably increase their market cap as well. But thinking the objective of Libra, Ive seeing another centralized manipulative project with them like most projects such as xrp and other pump and dump pioneer coins. Hoping Mark wouldnt be like that since crypto is a decentralized space and his project must be on the same page as bitcoin and eth.

Absolutely he is very right with his statement and i do think the same because even if facebooks libra coin is run like  corporate company in  centrlized manner still it will fall under crypto and the volume it will attract will also help in boosting of general crypto market as well.

Everyone on this forum this clear. Facebook will be able to popularize the idea of cryptocurrency around the world. Facebook is an institutional investor and with so much money can turn this industry around. This will attract a lot of new users who will buy all the cryptocurrencies in the market in the hope that they will be able to get rich. But only a few of us will get rich. But the bulk of the people will go to the side to stablecoins.

Exactly. Justin Sun finally proved that he is a manipulate guy who can tell anything to boost up the TRON's price! The illness drama proved everything. Recently Roger ver is doing the same thing. But I agree with his statement because I believe Facebook's Libra crypto coin will be another big asset in the crypto market. Though it would be like another stablecoin, but a lot of new people will join in the crypto industry, that is the positivity.

I think Justin is trying to PR on anything and anytime) But overall his activities are quite positive for the cryptocurrency industry, people love shows and famous personalities ;D

Justin Sun is unbelievable man, instead of relying on saying of him, l prefer to believe direct Libra. But it seems, he has a good feeling about Libra future. We can not deny any fact that Libra contribute to crypto world. Facebook with Libra brings a lot of people to crypto.  Libra can be a stable coin, but Libra caused to heard many people about crypto currency. It affected the future of crypto and will keep affecting.

Canceled why?  He forgot to pay what he bid for?    Do you have a link to it?  All I remember was that was postponed 2 montsh ago.  Justin Sun lied he had health issues but at same time was partying in San Francisco.

As I remember, Justin Sun was very positive about Libra. He said that the launch of the new stable coin from Facebook would trigger FOMO, as well as potential growth for the crypto industry. But while part of the community believes that Libra has the potential for the market, many are skeptical or even negative.
Therefore, too many rumors appear, also creating much hype about Libra.