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Author Topic: Did Zuckerberg deserve this from Lawmakers and Financial Services Committee ?  (Read 234 times)
Delilonia1
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November 11, 2019, 04:03:44 AM
 #21

So I was wandering around on youtube and I came across this video( https://www.youtube.com/watch?v=Lw7M7QamQgI ). I realized that the ideas behind the creation of Libra Coin by Zuckerberg are very similar to that of Bitcoin, which I felt that he is just being smart to launch a crypto coin like Bitcoin.  But do you guys think He needs the approval from these people before launching the Libra Coin? Personally, I don't think these people understood what he is trying to develop. This video really explains why Satoshi decided to remain anonymous. Satoshi knew that these people will never understand his ideas and contradict the development of Bitcoin.

It is easier for Bitcoin to thrive because of the anonymity of its visioneer. If Libra was like that too, it will experience less problems with lawmakers and various authorities.

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November 11, 2019, 05:35:26 AM
 #22

So I was wandering around on youtube and I came across this video( https://www.youtube.com/watch?v=Lw7M7QamQgI ). I realized that the ideas behind the creation of Libra Coin by Zuckerberg are very similar to that of Bitcoin, which I felt that he is just being smart to launch a crypto coin like Bitcoin.  But do you guys think He needs the approval from these people before launching the Libra Coin? Personally, I don't think these people understood what he is trying to develop. This video really explains why Satoshi decided to remain anonymous. Satoshi knew that these people will never understand his ideas and contradict the development of Bitcoin.

You can't compare a selfish billionaire like Zucker with someone like Satoshi Nakamoto. For me, Satoshi Nakamoto is someone who created the concept of cryptocurrency and the best part about him is that he never tried to profit out of his invention. Even if he sells all the BTC which he currently holds in his wallets, he'll be richer by $10 billion. But he has chosen to remain anonymous and there exists no evidence to prove that he has profited out of Bitcoin.

On the other hand, Zucker is someone who was very hostile to Bitcoin initially. But he changed his stance once he came to know that he can make money out of cryptocurrency. As far as I am concerned, Zucker is someone who is trying to steal the idea of cryptocurrency and profit out of it. To this date, has has never acknowledged that he is stealing the idea of cryptocurrency from Satoshi. All he wants is to boost the stagnating revenues of Facebook. For him, cryptocurrency is just a tool to increase the market capitalization of the Facebook stock. 

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November 11, 2019, 05:41:13 AM
 #23

So I was wandering around on youtube and I came across this video( https://www.youtube.com/watch?v=Lw7M7QamQgI ). I realized that the ideas behind the creation of Libra Coin by Zuckerberg are very similar to that of Bitcoin, which I felt that he is just being smart to launch a crypto coin like Bitcoin.  But do you guys think He needs the approval from these people before launching the Libra Coin? Personally, I don't think these people understood what he is trying to develop. This video really explains why Satoshi decided to remain anonymous. Satoshi knew that these people will never understand his ideas and contradict the development of Bitcoin.
So if LIBRA comes out and becomes a stable coin. If LIBRA gets accepted by companies then simply Facebook will now have all your spending information along with your personal information etc. Is it good for the people of the World? Is it anonymity? Will LIBRA be ANONYMOUS?
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November 11, 2019, 05:43:14 AM
 #24

So I was wandering around on youtube and I came across this video( https://www.youtube.com/watch?v=Lw7M7QamQgI ). I realized that the ideas behind the creation of Libra Coin by Zuckerberg are very similar to that of Bitcoin, which I felt that he is just being smart to launch a crypto coin like Bitcoin.  But do you guys think He needs the approval from these people before launching the Libra Coin? Personally, I don't think these people understood what he is trying to develop. This video really explains why Satoshi decided to remain anonymous. Satoshi knew that these people will never understand his ideas and contradict the development of Bitcoin.

You can't compare a selfish billionaire like Zucker with someone like Satoshi Nakamoto. For me, Satoshi Nakamoto is someone who created the concept of cryptocurrency and the best part about him is that he never tried to profit out of his invention. Even if he sells all the BTC which he currently holds in his wallets, he'll be richer by $10 billion. But he has chosen to remain anonymous and there exists no evidence to prove that he has profited out of Bitcoin.

On the other hand, Zucker is someone who was very hostile to Bitcoin initially. But he changed his stance once he came to know that he can make money out of cryptocurrency. As far as I am concerned, Zucker is someone who is trying to steal the idea of cryptocurrency and profit out of it. To this date, has has never acknowledged that he is stealing the idea of cryptocurrency from Satoshi. All he wants is to boost the stagnating revenues of Facebook. For him, cryptocurrency is just a tool to increase the market capitalization of the Facebook stock. 

Dont know about all you talked but simple is that we cannot give our sensitive data to Facebook anymore.
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