Libra the new crypto king

[IIV]

Edit: Edited to reflect current situation.

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[mahibul49]

not at all .libra will play a good role in crypto industry but you cant say a new crypto king.ETH,TRX,RIPPLE,STELLAR and many more big king available in crypto but facebook is entering crypto means huge revolution for crypto.

[ChaoChibai]

Absolutely libra will make huge difference in cryptocurrency world, especially it will make crypto more famous to the people who lack of knowledge about it. But in my opinion, bitcoin is still the one and only king, and libra coin will not so easily to dethrone bitcoin though.

[tabas]

Stop this BS and naming Libra as the new crypto king. How can it be that a centralized coin would be the king of decentralization? Stop making assumptions about a newly launched project. Right now it's on hype because it was just recently announced but sooner and later this coin will be just normal altcoin classified as stable coin.

[ityandsyn]

not at all .libra will play a good role in crypto industry but you cant say a new crypto king.ETH,TRX,RIPPLE,STELLAR and many more big king available in crypto but facebook is entering crypto means huge revolution for crypto.

      That's really true especially bitcoin make its own run this month and it seems growing up high to moon or even repeat the history back In year 2017 so I don't think it gonna replace bitcoin's throne but maybe for some of altcoins will be overpass by Libra .

[BitcoinFX]

 

Head of Facebooks Libra Distances it from BTC: We'll Share Information with Authorities ...
- https://cointelegraph.com/news/head-of-facebooks-libra-distances-it-from-btc-well-share-information-with-authorities

Chair of House Financial Services Committee Requests Halt on Facebooks Crypto Project ...
- https://cointelegraph.com/news/chair-of-house-financial-services-committee-requests-halt-on-facebooks-crypto-project

[aioc]

The coin is not yet launched but getting a lot of hype, even taking the crown to Bitcoin when in fact it has not proven anything yet in the market. everything is still in paper and on the planning stage and the majority of investors have not yet decided if they are going to support this Libra coin.

[actmyname]

The fuck is this shit?

[Tipstar]

How many of these kings appeared among cryptocurrencies? Thousands! And everything turned out to be shitcoin

This is going to be different. Though I wouldn't give it a title of king, it would certainly disrupt the financial system and change the way we pay for things.
This would be more close to mobile wallets than cryptocurrency. Mobile wallets were limited withing a country or few while it's going to be a global payment system.

[electronicash]

its of course big, its facebook that's developing it. they don't even need funds for that. i've read comments that its like Eth and TROn killer so its a platform, do you think those partners listed are also going to develop their own token under LIBRA or they will just be using the Libra coin?

it will be good for the crypto economy to see spotify coin, visa coin, ebay coin and so on.

[creeps]

The fuck is this shit?

Another altcoin that is being hyped too much and later on will try to exit as a failed project. 

Anyway, crypto king belongs only to bitcoin so stop the hype with Libra because Zuckerberg will not become the Cryptoking as well, since he's reputation is not that good anymore. I support the mass adoption especially with Facebook but not to the extent of taking the place of bitcoin, that's not gonna happen and investors will not let any centralized coin to beat bitcoin, never.

[tonyvo2017]

We can see that a lot of big partners come to them and each of them will invest 10 million dollars and be part of the Libra coin shareholders. But one problem is that Libra does not use the blockchain and it is not considered electronic money. it is merely a business and it seems to be making a significant difference. This is interesting and I really want to see its tremendous influence.

[Litzki1990]

We cannot say at this time because libra has not yet launching their product we cannot see if the community and investors are being appreciate of this and we cannot say libra the new crypto king for me still the bitcoin the king of cryptocurrency.

[electronicash]

We cannot say at this time because libra has not yet launching their product we cannot see if the community and investors are being appreciate of this and we cannot say libra the new crypto king for me still the bitcoin the king of cryptocurrency.

its yet too early to be in dellima but most probably all will be weighing whether to fill their bags and send KYC documents to facebook. no one in the right mind will send their information while they own millions of USD. facebook's reputation of privacy policy isn't what it is. they can change them whenever they want.

[Zidan Bst]

it will definitely will make huge impact in the crypto sphere.
But, for king of cryptocurrency is still Bitcoin,imo.

[Tylev]

This is said about almost every project that spins up. The hype goes away and it turns out that this is the most common mediocre project and its token or coin is not much different from the rest. We have not yet seen Libra in practice; we do not yet know the functionality of this coin. Therefore, it is too early to talk about it. So far, even it is not clear its practical purpose, whether this coin will be really useful. Let her show herself first, we will evaluate her, and then we will see whether it is worth rushing such loud statements.

[tuanytcc]

The birth of the Libra coin may bring many positive things to market but in the long time, I don't think it can be new crypto king because it is just only used in Facebook ecosystem and it is considered as stable coin more than a coin which has the far-reaching influence

[killat]

The organization name is called Libra. And the coin is called Stable coin.

Inside this organization, we got facebook, paypal, visa, and many other multi-billion company, that can't wait to eat our fees, more globally, if all internet users use their coin.

[MonsterV]

The fuck is this shit?

Another altcoin that is being hyped too much and later on will try to exit as a failed project. 

Anyway, crypto king belongs only to bitcoin so stop the hype with Libra because Zuckerberg will not become the Cryptoking as well, since he's reputation is not that good anymore. I support the mass adoption especially with Facebook but not to the extent of taking the place of bitcoin, that's not gonna happen and investors will not let any centralized coin to beat bitcoin, never.

Yes right, just because Libra has high support from several large companies does not mean that it will take over the position of bitcoin. Bitcoin exists long before Libra exists, bitcoin is a crypto polo, and libra is only a child of bitcoin coins even libra and bitcoin have different systems where bitcoin is a full crypto coin because it is decentralized and libra is a centralized coin which means not full crypto coins.
Crypto has a history of being a decentralized digital currency and libra does not fall into this category, so bitcoin and libra cannot be equated.

[Erickan]

Libra's appearance is both a catalyst that helps the widely known crypto market and a major threat to Ripple and Stellar. I think Libra will be a big project because facebook's ecosystem is quite strong, but it's too early to say it can become the king of crypto. But Libra will undoubtedly be a factor affecting the growth of the whole market, it recognizes the participation of a large company participating in the crypto market.