Who Would Really Buy Facebook Coin?

[prehisto]

They are not going to make a coin which will uphold the base of any real crypto, it is not their aim.
Noone also will invest in it because there is no reason to think that it will not be a stable coin, it has different aims and uses, none of them are in line with Sataoshis original vision.

[Bunsomjelican]

Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india

In my opinion, their no.1 buyer for sure majority of them are Facebook users. The founder of Facebook will use his influence and
connection in business industry to support his own coin. Almost in the entire world knows about Facebook, they may have a billions of users
but they can also have a billions of user that will definitely lack of idea and knowledge about in crypto business were libracoin was categorized
on this concept of business.

[dcomomal]

You cannot even imagine how big Libra would be, I bet that Libra will be in top 10. We can complain that it is not a crypto and has nothing familiar with decentralisation, but neither has Ripple and people are still investing huge money in XRP.

[landoffaucets]

You would like to get answer? Here it is: everyone! Libra will be the first real worldwide payment method, fully regulated and backed by big company.
Why Bitcoin is not a worldwide payment method? Because it is too complicated and we still do not have regulations, so it can easily become banned in some countries.

[Shepard777]

I think that few people would buy this coin from this forum. Since now few people use cryptocurrencies for payments, so far everyone here who wants to earn money from mining or trading, and also from various operations. But this coin is valuable as a payment instrument and it’s stupid to expect growth from it since it will be tied to the dollar.

[darth_cryptorider]

I think a lot of people will buy Libra because it will be main payment method on Facebook.  People create value for coin, if  it  will have a real implementation, more people will be used it

[DaMut]

You would like to get answer? Here it is: everyone! Libra will be the first real worldwide payment method, fully regulated and backed by big company.
Why Bitcoin is not a worldwide payment method? Because it is too complicated and we still do not have regulations, so it can easily become banned in some countries.

Let's talk about a fully regulated coin and worldwide payment method after they get regulated, it is still too early for us to say they are a regulated company.
compared to Libra, Bitcoin is more reliable because they never sell their customer data, unlike some people who sold it to big companies.

[mulia sabee]

Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india

Honestly ... I am very interested in Facebook coin which will be released ... and I will buy this coin as much as possible because I am very sure if Facebook coin will achieve great success and will advance in various cryptocurency markets ... because now I see and reading many articles about facebook coin has a good response and many parties will support facebook coin (libra) ..

[Weng simok]

Honestly ... I am very interested in Facebook coin which will be released ... and I will buy this coin as much as possible because I am very sure if Facebook coin will achieve great success and will advance in various cryptocurency markets ... because now I see and reading many articles about facebook coin has a good response and many parties will support facebook coin (libra) ..

It does not hurt indeed if you are interested in Libra coin, but I suggest you to find out more about the prospects of Libra coin in the future, and I have read several articles that do mention if the purpose of Facebook to make Libra coin is a payment tool used for payment applications / online goods and Libra coins are also predicted to have very stable prices so there is no movement up and down prices like other cryptocurrency, and in my opinion Libra coin is not a good investment asset.

[ezeobulu007]

Facebook coin, Libra?
I am 101% interested in buying it, I'm already saving up big time for it.

[confreslamp]

A lot of people, especially those who is writing posts on this forum with statements like: "avoid using Libra". It would be a great success for whole industry and would definitely bring new audience which would lead to the market growth.

[torpedo]

It is a stable coin, so for me, it is not worth buying since you cannot make any use out if other than just using it to hold your money. you can’t make profit out of it from trading, so for me, since I engage myself in trading etc, this coin is of less value. But people will but it, and it will get popular very rapidly.

[daniel002]

Facebook coin will be the next bitcoin maybe. This project is named by a most famous social website Facebook and we know that this coin is very popular. The coin doesnt need to market at all.

[nicecrypto]

Anything that can bring profit to people will have buyers am sure, Facebook is a company which nearly everyone around the world is using even though some are critisizing it, many still use it, same thing will happen if Facebook coin ever hit the market, few will criticize but many will buy.

[thunderbitz2717]

Majority of the prospect buyers for Facebook coin or Libra coin are mostly FB subscriber, and for sure those big investors
are Mark Zuckerberg partners in business too, He will surely use his connection worldwide to support his own coin.
But I know most of the crypto believers won't support on this coin for sure including myself.

[Vishnu.Reang]

If Libra becomes a reality, then I have no doubt that a lot of people will end up purchasing it. But the big question is whether the governments will allow Facebook to issue a cryptocurrency. So far, the signs are not very encouraging. Even in the United States, they are facing a lot of pressure from the authorities. If this is the case with the US, then you can imagine what will happen in the other countries.

[alexforneus]

With right marketing facebook will be able to sell it to almost everyone unfortunatly

[poodle63]

Anything that can bring profit to people will have buyers am sure, Facebook is a company which nearly everyone around the world is using even though some are critisizing it, many still use it, same thing will happen if Facebook coin ever hit the market, few will criticize but many will buy.

Libra is basically a stablecoin and there's no profit in that except for the company that developed the coin. I believe that most of people who are willingly to buy such coin are those who really use it for their needs instead of seeking for profit. I mean holding stablecoin is basically the same as holding a cash there's no difference profit wise.

[FLHippy]

Facebook coin will be created for everyone, they will make it easy as sending a message on Messenger because they would like to attract normal people that are not technically proficient as cryptocurrency users.

[forexandcryptoauditor]

Most of the users will not buy it because there are using limited functionality of facebook which is default function like chatting and posting and so on.
Other users, who are using facebook for reasons other than that like marketing and selling, would definitely buy facebook currency. Entire facebook marketplace, advertisement publishing and advertising will require facebook currency.