Facebook Warns Investors That Libra Stablecoin May Never Launch

[dungp3132]

If the founders of Libra had been less known, it would have been a different case but allowing Libra to launch is basically like the world government giving a green light to all Cryptocurrencies and they are not willing to do that yet, I expected this amount of scrutiny though.

Facebook is founder of Libra, in general, and Mark Zuckerberg in particular. Nevertheless, the role of Libra in crypto market finished, after it boosted the crypto market in April and May this year, then bitcoin took advantages of positive things around Libra, and rocketed to nearly $14000. In months to come, I will wait for more fresh things, beyond Libra, to see Bitcoin keep moving up. For Libra, in particular, I don't understand why people over FOMO about that stable coin, which probably won't give them any kind of benefits from investment.

[J1mb0]

If Libra can't come out in 2020. I think the cryptocurrency market may collapse like 2018. Or even worse, I hope libra will launch in 2020 and not be delayed.

[electronicash]

Those are just another news to create more hype around Libra. Libra will be launched and I am sure that it will happen during the next months, because the market is just perfect for such a massive coin. It is just too big to fail.

seem to sure about its launch when in fact the government stopped them. it looks like those in the government are just stopping all these development to delay what could happen in crypto. this is the only project where the government directly interfere with before the developers had even tried launching.