Who Would Really Buy Facebook Coin?

[jossiel]

I think you are undervaluing the purpose of Libra coin. It would give a huge boost to the whole industry by creating another big hype wave, maybe the old users would not buy Libra, but for newcomers it would be their first crypto currency.

Yeah.

That's what is going to happen. We that's aware of what kind of coin Libra does won't buy the coin. But to those that are starting out with their crypto exploration, they wouldn't care if its a stable coin or doesn't have a stable value.

People will buy it because they knew it because facebook made it. That will be the most popular reason on why people are going to buy Libra.

[Alohadanc3]

Facebook already has a huge number of user base. And if Facebook launch something those userbase  will start to try that thing. We who are already know the crypto space or here for a long time maybe not gonna like libra. But other than that I thing those who don't know what crypto currency is ,they will try it out. And they also have some good partnership giant like uber paypal. Many people gonna enter this crypto space through libra in my opinion.

[jajorforce]

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

You will see perfect answer of your question after 2019. Because 2020 is the year for Libra coin launch. Libra is only for easy money transaction without bank account. Another way you can see Libra will control even by government so decentralized users don't like to use libra coin.

[Burogh]

Facebook already has a huge number of user base. And if Facebook launch something those userbase  will start to try that thing. We who are already know the crypto space or here for a long time maybe not gonna like libra. But other than that I thing those who don't know what crypto currency is ,they will try it out. And they also have some good partnership giant like uber paypal. Many people gonna enter this crypto space through libra in my opinion.

Agree, if regulations allow Libra Coin to launch, I think that many people around the world will buy Libra Coin. If Libra Coin is combined with Facebook platform, people will prefer to use Libra Coin because it is easier and faster. This will attract many Facebook members to trade and get to know cryptocurrency

[Dr.Osh]

this question actually has a fairly clear answer.  Facebook users who covers worldwide will try to use it. in addition to following the trend, it will attract a variety of entrepreneurs and business people, even more so if the speed of sending money is so fast. other than that, I sure that Facebook will use libra to create various tasks on facebook so that facebook users can get libra by working, and because of this, of course libra becomes a coin that is needed by Facebook users.

[awik p]

this question actually has a fairly clear answer.  Facebook users who covers worldwide will try to use it. in addition to following the trend, it will attract a variety of entrepreneurs and business people, even more so if the speed of sending money is so fast. other than that, I sure that Facebook will use libra to create various tasks on facebook so that facebook users can get libra by working, and because of this, of course libra becomes a coin that is needed by Facebook users.

dependence on social media Facebook is the main determinant. With so many communities around the world, I don't think it's difficult for Facebook to promote its products. especially with offers about the advantages of libra coin, then at first many people will try it and eventually use it for their daily lives

[AniviaBtc]

Imagine how it would be easy to use Libra coin in everyday life. People are using messenger or FB app everyday, now there will be an opportunity to send money as easy as sending message, without knowing private key and another annoying things connected to the cryptocurrencies.
We are all talking about crypto and adoption, but we still don´t have an easy solution for the masses.

Undeniably facebook is at the top among the social networking websites and application so becoming the leading alternative coin isn't that impossible. Talking about libra does not mean talking about facebook only, but the 20 companies that backs it up like paypal which is a big company. No wonder if libra comes huge in the market, facebook has billions of user worldwide. Maybe the next king? who knows.

[cutesgirl]

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

I will buy Facebook coin because have big investor already to invest there, but not clearly when Facebook coin opening for public and when we can invest with Facebook coin. Not legal in their country United State make Facebook coin can't to purchase and we don't know when have to buy or invest with Facebook coin, but you must prepare your money first when Facebook coin open selling.

[Rampagoe004]

When it comes to buying Facebook coins, I think there are already a lot of big investors waiting because they believe that the popularity of Facebook is so great that it will definitely affect the coins and I am sure that Facebook Coins will become an attractive coin with a lot of interest.

[Pecunia non olet]

Everyone, imagine the power of Facebook they can offer Libra coin to 2 billions of people. This would make Facebook the largest international financial institution. But, the chances are very low because in the history we didn't see any successful try from corporate company that launched a bank.

[HK88]

this question actually has a fairly clear answer.  Facebook users who covers worldwide will try to use it. in addition to following the trend, it will attract a variety of entrepreneurs and business people, even more so if the speed of sending money is so fast. other than that, I sure that Facebook will use libra to create various tasks on facebook so that facebook users can get libra by working, and because of this, of course libra becomes a coin that is needed by Facebook users.

dependence on social media Facebook is the main determinant. With so many communities around the world, I don't think it's difficult for Facebook to promote its products. especially with offers about the advantages of libra coin, then at first many people will try it and eventually use it for their daily lives

It is also undeniable that Facebook can attract huge investments because of their background of having a great team, many big partners joining their projects on the other hand Facebook users are almost billions of people. especially is the mass adoption for new users who will join and take part with the facebook project.

[Dr.Osh]

dependence on social media Facebook is the main determinant. With so many communities around the world, I don't think it's difficult for Facebook to promote its products. especially with offers about the advantages of libra coin, then at first many people will try it and eventually use it for their daily lives

It is also undeniable that Facebook can attract huge investments because of their background of having a great team, many big partners joining their projects on the other hand Facebook users are almost billions of people. especially is the mass adoption for new users who will join and take part with the facebook project.

to be honest, I think very many people will buy this libra when the libra has been traded.
unfortunately, at the moment we can only guess. however, there are so many challenges from libra before it can be used and traded. in fact, one by one the partnership from Libra has come out because of resistance from Europe. everything we can see after libra is traded. 90% I'm pretty sure that Facebook users will use libra whether it's for business, selling, transactions, or other things. for now, libra needs to pass regulations made by the government.

[KnowelsB]

Facebook coin will definitely attract investors...many people will buy it .

[Bitcoin Seller]

There are many people who would really buy Facebook coin which will surprise you. I would say there's a big influence of this coin on Facebook users. I believe Libra coin will rise soon when the market recovers.

I will buy it as soon as Libra is launched, and even the most hard-headed haters will do it. The FB cryptocurrency is the way to save one's money from inflation and besides, conveniently and safely make buy/sell deals. Suppose, millions have been waiting for Libra release, and the Facebook coin will have its followers worldwide.

[ShettyFive]

Sorry, but I only heard about the recent release of facebook. I am a little surprised at this but I think it will succeed because Facebook has been with people for a long time and it is growing.

[huige007]

The only similarity between Facebook's Libra and cryptocurrency is that they are bith digital coins. That is as far as the similarities go. In thr strict sense of the word 'cryptocurrency' Facebook's coin is not a cryptocurrency. I would not invest in it because I know if it becomes a success, real cryptocurrencies like BTC and Eth will outperform it in terms if profits or ROI.

I don't think so, facebook coin is still defined as a cryptocurrency but it is a stable cryptocurrency similar to usdt, and the most special thing is that this cryptocurrency is accepted by the government and is public in life, instead of being anonymous like many other cryptocurrencies. And if it was popular in such a life, investors and visionary traders would invest it because a new and fairly primitive form of monetization, the chance of collapse is very low but for those of crypto, perhaps investing in facebook coin will not bring much interest when the opportunity of profit is not too high

This is a misunderstanding from most people especially those who has no knowledge at all about cryptocurrency, what they just know is Bitcoin became at  price of $20k, so they think that Facebook coin will be like Bitcoin someday, the more users, the higher the price it will be, and there's a lot of people excited to invest actually, they don't realize and analyze that facebook coin and Bitcoin is really different in all aspect, the only similarity is that they are both digital currency.

You can't actually compare bitcoin to facebook coin because they are really different in all aspects. But if you would gonna ask me if i will buy facebook coin? it think no, even facebook is one of the biggest social networking websites, i still have doubts about facebook coin because it may not be worth it to invest for like bitcoin and top altcoins such as ETH, XRP, LTC, BNB, BCH, and etc.

The comparison is being done on the basis of them being digital currencies. No doubt, Facebook digital coin, Libra is nothing like bitcoin with respect to any feature. It does not intend to give us benefits like huge profits, anonymity, freedom. If Libra gets accepted by us, Mark won’t just have our social information. From where I am seeing it, Facebook now plans to keep an eye on our economy too.

[barnes13]

Facebook coin will definitely attract investors...many people will buy it .

Same here, I will also be one of the people who will buy it. I think Facebook's role as one of the biggest companies is very important in introducing this blockchain technology to people. Although there are a number of problems that have occurred recently that Facebook faces to make this project, but I don't think it will be problematic in the future if they succeed in proving it. Many people came out of the table but I'm sure many people will come in and return to fill the vacancy of the chair to continue to support this big project.

[Sacramentus]

Seriously millions of people will buy the facebook coin.  Why is the government so mean on the Libra project?  That's because it could disrupt the financial system

[rincoeng1986]

Seriously millions of people will buy the facebook coin.  Why is the government so mean on the Libra project?  That's because it could disrupt the financial system

I think that there will be many social media users who will buy Libra coins, because this coin is specially created to support every payment transaction available on Facebook and other platforms, so it can be said that this Coin Libra will become a popular coin after its launch.

[lighpulsar07]

I really don't buy shitty altcoins in the first place but since it was facebook's coin i think i might consider to buy it since the coin is owned by facebook and it was backed by huge companies so, it might prosper since the hype for libra is still going and i think it don't have problems when it comes to its tech since facebook has alot of devs though