Your thoughts on Facebook's GlobalCoin

[tabas]

A lot of fake Libra are being made by fraudsters. Beware!
Trust Facebook? They Can’t Even Stop Fake Libra Ads on Their Platform

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[stadus]

A lot of fake Libra are being made by fraudsters. Beware!
Trust Facebook? They Can’t Even Stop Fake Libra Ads on Their Platform

That's very poor internal control on fighting scams, I think they need to improve their control to prevent this scammy Libra advertisement.
It's their own system so they should have control of the advertisements that will come out in the platform, and we who knows the real status of the project should help maintain a good community free from scams, we should make an effort to report.

Actually I never see any kind of ads from Libra in my facebook account, maybe scammers are choosing a certain country to show their advertisement.
Hopefully people who are willing to invest will just make some research about the project so they will not fall for the wrong site.

[Greed Dev]

Facebook actually created the cryptocurrency, I heard that news on tv and identified it in the newspaper. It is good news for me because it will have a good impact on cryptocurrencies in general or bitcoin in particular in my opinion. Also, I really hope Facebook does well on this campaign so that people can use cryptocurrencies extensively, have a better view of cryptocurrencies that it is legal, not a scam...

[tabas]

A lot of fake Libra are being made by fraudsters. Beware!
Trust Facebook? They Can’t Even Stop Fake Libra Ads on Their Platform

That's very poor internal control on fighting scams, I think they need to improve their control to prevent this scammy Libra advertisement.
It's their own system so they should have control of the advertisements that will come out in the platform, and we who knows the real status of the project should help maintain a good community free from scams, we should make an effort to report.

Actually I never see any kind of ads from Libra in my facebook account, maybe scammers are choosing a certain country to show their advertisement.
Hopefully people who are willing to invest will just make some research about the project so they will not fall for the wrong site.

Same as before when the age of those scammy ICOS were taking over their social network. A lot of advertisements from scam ICOS were reported before they stopped allowing it. I haven't seen a type of Libra ad too but it looks like these people have found it on themselves and there's probably a specific country or algorithm that shows their ads. Like if you type crypto or search it on the network, you'll be saved for those ads that are dedicated to target people that typed the similar keywords or near to that.

[Menawi12]

Facebook actually created the cryptocurrency, I heard that news on tv and identified it in the newspaper. It is good news for me because it will have a good impact on cryptocurrencies in general or bitcoin in particular in my opinion. Also, I really hope Facebook does well on this campaign so that people can use cryptocurrencies extensively, have a better view of cryptocurrencies that it is legal, not a scam...

Facebook coins will influence old investor confidence and attract new investors. Facebook is the biggest social media platform at the moment and I think if Facebook issued its own crypto, this would be free advertising for the cryptocurrency market

[efxtrader]

A lot of fake Libra are being made by fraudsters. Beware!
Trust Facebook? They Can’t Even Stop Fake Libra Ads on Their Platform

That's very poor internal control on fighting scams, I think they need to improve their control to prevent this scammy Libra advertisement.
It's their own system so they should have control of the advertisements that will come out in the platform, and we who knows the real status of the project should help maintain a good community free from scams, we should make an effort to report.

Actually I never see any kind of ads from Libra in my facebook account, maybe scammers are choosing a certain country to show their advertisement.
Hopefully people who are willing to invest will just make some research about the project so they will not fall for the wrong site.

Same as before when the age of those scammy ICOS were taking over their social network. A lot of advertisements from scam ICOS were reported before they stopped allowing it. I haven't seen a type of Libra ad too but it looks like these people have found it on themselves and there's probably a specific country or algorithm that shows their ads. Like if you type crypto or search it on the network, you'll be saved for those ads that are dedicated to target people that typed the similar keywords or near to that.

Facebook has not advertised Libra Coin maybe because it has not been permitted by regulators. If permitted, I think Libra Coin would have great liquidity because Facebook users come from various countries and this could be the opening act of global adoption.

[tabas]

Same as before when the age of those scammy ICOS were taking over their social network. A lot of advertisements from scam ICOS were reported before they stopped allowing it. I haven't seen a type of Libra ad too but it looks like these people have found it on themselves and there's probably a specific country or algorithm that shows their ads. Like if you type crypto or search it on the network, you'll be saved for those ads that are dedicated to target people that typed the similar keywords or near to that.

Facebook has not advertised Libra Coin maybe because it has not been permitted by regulators. If permitted, I think Libra Coin would have great liquidity because Facebook users come from various countries and this could be the opening act of global adoption.

They have already announced that launching will be by 2020 probably around 1st quarter. And the hearing that they have right now is to verify things that are too complicated to the gov't.

[fullhdpixel]

Facebook Set on 2020 Launch for Libra, Despite Regulators’ Pushback

David Marcus, the head of Calibra at Facebook, has said that a 2020 launch for Libra remains the company’s goal, despite regulators’ intense hostility toward the project.
https://cointelegraph.com/news/facebook-set-on-2020-launch-for-libra-despite-regulators-pushback

[im g]https://images.cointelegraph.com/images/
740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8yOWRjZDM 0ZTE3YWI3ZTdiYjZjNTBmZjEyYmFlOWQxOC5qcGc=.jpg[/img]

For me, I feel that 2020 is still too long for the project to be launched and anything could happen before then, and I also feel that there is enough chance for the governments of the world to gather against the Libra.

If Facebook was serious, they should not have even giving them that breathing space, because one thing that I know is that no matter how rich or how important you are in the society, there is no way that you can fight government and I can see that government of solid nations are already rising against the cryptocurrency of Facebook, and I doubt if Facebook can survive this before the 2020 because the heat will start getting much and now that even the united states is not in support of the Libra coin also, but because the project is coming from their country, they are just watching to see how things will unfold also.

[ichai]

Due to the large number of users on their Facebook, this is a big problem that Facebook is facing, because if many people use Facebook's cryptocurrency, I am sure the financial economy will be greatly affected. .
That is why it is undergoing many hearings and until now the project has not been officially launched. Do people think like me?

[Bitcoin Seller]

I think the first impression of Facebook's Libra is that there are many large organizations and big companies involved in developing it. But at the present time Libra is having a hard time being obstructed by the rules, I think it cannot launch as planned or worse be canceled.

Therefore, Libra will work with many national currencies. The list of them has been already published - and it has become the greatest news for these days. They will not deal with Chinese money. However, Euro, Japanese and Singapore money will be presented (7-18%), and 11% is given to British pound. At the same time, China is planning to launch its own cryptocurrency in the nearest time.

[mich]

EU and Libra: Facebook’s Project Gets Challenged as ‘EuroCoin’ Looms

The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. Le Maire’s announcement comes at a time when EU politicians are becoming increasingly vocal about Libra and digital currencies in general.

https://cointelegraph.com/news/eu-and-libra-facebooks-project-getts-challenged-as-eurocoin-looms

[barnes13]

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Share your first impression!

Of course it has a very good impact on the cryptocurrency market. As we know that Facebook is a big company, if they have seen the potential of cryptocurrency. Then most likely other big companies will overtake making their respective currencies with the unique utility of what they offer. The bright future of us will come shortly!!

[cahbagus555]

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Share your first impression!

Of course it has a very good impact on the cryptocurrency market. As we know that Facebook is a big company, if they have seen the potential of cryptocurrency. Then most likely other big companies will overtake making their respective currencies with the unique utility of what they offer. The bright future of us will come shortly!!

Facebook is a multibillion dollar company and is traded on the stock market with the best reputation in the world. I think if Facebook issues Libra Coin, investor confidence in the cryptocurrency market will increase and will also invite large investors to trade on the cryptocurrency market.

[Arsenyo]

I've read just yesterday that regulators’ reactions to Facebook’s bold invention are so dull that even the tech company itself is starting to question the viability of it. Moreover, lawmakers in the USA and France have called for the project to be halted. So, I am not sure that Libra will be launched in 2020.

[mich]

Facebook says Libra is out of its control. But Libra's overseers are a web of Silicon Valley insiders

Facebook's (FB) answer to those criticisms is the Libra Association, a group the company says is an independent, Switzerland-based organization that will govern the digital currency.

https://amp.cnn.com/cnn/2019/09/29/tech/libra-association-connections/index.html

[mich]

PayPal Might Withdraw From Libra Association: Report

One of the founding Libra Association members may be on the verge of pulling out.

https://www.coindesk.com/paypal-might-withdraw-from-libra-association

[HashieNewb]

Facebook actually created the cryptocurrency, I heard that news on tv and identified it in the newspaper. It is good news for me because it will have a good impact on cryptocurrencies in general or bitcoin in particular in my opinion. Also, I really hope Facebook does well on this campaign so that people can use cryptocurrencies extensively, have a better view of cryptocurrencies that it is legal, not a scam...

Facebook will not succeed in what they are doing for a while. They need the Government to confirm their actions first.

[jayc89]

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Share your first impression!

with facebook coin disbursement, it will have a positive impact on cryptocurency ... facebook is a trusted social media that has a big influence on cryptocurency ... but if anyone thinks that facebook coin will defeat bitcoin then I will answer that it will never happen and facebook coin will not be able to be done .

Facebook is not trusted. Look at what happened to cambridge analytica. They need to get that fixed before doing any banking.

[bitcon]

Same as before when the age of those scammy ICOS were taking over their social network. A lot of advertisements from scam ICOS were reported before they stopped allowing it. I haven't seen a type of Libra ad too but it looks like these people have found it on themselves and there's probably a specific country or algorithm that shows their ads. Like if you type crypto or search it on the network, you'll be saved for those ads that are dedicated to target people that typed the similar keywords or near to that.

Facebook has not advertised Libra Coin maybe because it has not been permitted by regulators. If permitted, I think Libra Coin would have great liquidity because Facebook users come from various countries and this could be the opening act of global adoption.

They have already announced that launching will be by 2020 probably around 1st quarter. And the hearing that they have right now is to verify things that are too complicated to the gov't.

It does not matter if they announced it or not. Some huge companies might leave Libra Association, and FB can have too many problems.

The leaders of these companies like Visa believe that Facebook misled them about how easily its cryptocurrency could pass the regulatory review. Now that it is being criticized not only in the US but around the world, they do believe that their association with Libra may cause them to be isolated.

[barabarian1]

Facebook actually created the cryptocurrency, I heard that news on tv and identified it in the newspaper. It is good news for me because it will have a good impact on cryptocurrencies in general or bitcoin in particular in my opinion. Also, I really hope Facebook does well on this campaign so that people can use cryptocurrencies extensively, have a better view of cryptocurrencies that it is legal, not a scam...

Facebook coins will influence old investor confidence and attract new investors. Facebook is the biggest social media platform at the moment and I think if Facebook issued its own crypto, this would be free advertising for the cryptocurrency market

not only investor i think, but also people that not use or aware about cryptocurrent. facebook have a lot of user and it can hit the market, make  vibrate on some coin, or maybe the price will be overprice. just wait for the future, it will explode or just word