So it is happening..facebook coin Libra

[fauzan123]

now we use facebook as a media for the promoting crypto related projects.but every one knows about the facebook coin 'Libra' .as a expert of this field what you about the involving of the facebook to virtual currencies??
will  it be  help for the  bitcoin to going up??
https://libra.org/en-US/

I am very happy that Facebook made coin crypto with support from Facebook it will make crypto currencies more famous in the eyes of the world other than that it will certainly make the price of bitcoin and other altcoins up

[nreal]

If Libra is simply a payment currency for Facebook services, I think it will not directly affect BTC. We can only look forward to the perception from the huge number of users of this platform.

[hrunya102]

Libra is in development and it will be almost 1 year before we see it and can take advantage of it, when new users join the crypto community, but now it's just news.

[KlepZ]

Libra is set up so that any company, not just Facebook, will be able to accept the coin and build wallets that will let people hold and spend it. That’s similar to the way that a diverse array of companies have created wallets and exchanges for Bitcoin.
It is built on some of the same principles as Bitcoin. But the aim is for Libra, unlike Bitcoin, to have a stable value, backed up by a basket of international currencies.

[r_delossa]

Unfortunately, it has no effect on the crypto market in general. I have expected much more from this coin and hoped that it is going to push the industry forward, but no movements detected till this moment.

[francesco.v]

This is a forum for the latest news about Libra, the Facebook cryptocurrency (stablecoin). There are already many news and tech analysis about this blockchain, that could be used worldwide by 2.4 billion users. The first validators will pay $10 million to join the network!

https://getlibra.net/

[BitFinnese]

I guess Facebook can help in introducing cryptocurrency but I do not think that this will help Bitcoin in anyway. 

Yes if this facebook launch their own alts then of course there's a trading pairs to btc and some alts so crypto market will grow

Then base in many users and we know facebook is very popular worldwide i'm sure their coin will turn popular too in no time like many users that here in crypto prepare some money by using this and i think we are secure in this because Mark Zuckerberg is the developer of this fb coin like he is very trusted already then he think for the modern future of people worldwide

You sure about that?  Can you trust someone who is leaking your identity?

[tabas]

It is centralized and same with other altcoins that's being run by a certain company. It would help bitcoin somehow by tagging itself as a 'crypto' because bitcoin is a crypto as well. There will be no ICO but it has a wide range of partnership, yes real partnership so it will have its own usecase. I think this is just another the same stablecoin.

Even if it's a centralised coin it is not a big deal. Why? Crypto market need some big names. It will increase the popularity and more and more people will be aware of the crypto currencies. It is a win - win environment for Cryptocurrency market and big companies.

It's not a big deal? the crypto market has grown being known with the implementation of decentralized cryptocurrencies and now that the big names are entering, you say that it's not a big deal? if you are not for the technology and you are just considering that coin to make the market cap higher you can say that easily. But this is a big deal for most crypto enthusiasts that are wanting decentralization. I know those attributes that it can bring to the market but you should understand that we have different opinion regarding this.