Why Do Crypto Enthusiasts Hate Facebook Coin?

[leonair]

OP's provided link has 0 comment so there's no people hating on Libra there 

There will be always a hater/s on everything and Libra Coin is no exemption but I see more of a good side on it rather than the bad because it will expose the idea of cryptocurrency to those people who are less knowledgable about it and with that Bitcoin and other altcoins will benefit from it too.

XRP and other centralized cryptocurrency was there for a long time then why we would hate Libra coin?

[Twinkledoe]

As you have said it is centralized and they collect almost every data that they can. Where you have got that idea that people should love xrp and love libra at the same time?
You just can't tell people what to hate and what to love.

The main problem with libra coin once it is operational is the privacy of those individuals that will use this stable coin. If they are collecting data from all your expenses or coin movements, basically, they know your everyday pattern. And you don't know where those data will end up to? Is FB team really a trusted group? If you are an active fb user, for sure they know most of your life already.

[rdluffy]

I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.

https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit

How can you love XRP
Almost nobody loves XRP here 

General speaking, we don't aprove facebook policies, how they get your info and sell them

[mangsitin]

Personally I hate the fact that Facebook once banned the promotion of bitcoin and other cryptocurrencies on their platform and therefore bringing the entire crypto space to disrepute, coming back to establish something in the same space is shear hypocrisy

Yes, that is a bad past that I still remember that Facebook once banned Cryptocurrency ads on its Facebook, and at that time I really hated it too, but we must forget the past, we see that Facebook will increase the price of Bitcoin again by joining cyptocurrency this time.

[aioc]

I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.

https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit

I don't know about these people, but for me, it's just ok and alright for Facebook coin to launch their own coin and to pick and create their own roadmap and platform, some years ago there is a lot of speculation that Facebook is going to have their own coin and now it's happening, people just welcome what eventually going to happen.

[$anounimus$]

not everyone hates facebook coin, many of them are still waiting for the facebook coin to be launched, so I think this is a normal thing if anyone likes and there are those who don't like new coins.

[guoyu78]

I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.

https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit

Says who? Who they hell loves ripple, for the fact that you see ripple on that top doesn’t mean it is because of people’s love for it, in fact ripple team must have been a very strong one that they are still surviving despite all the stones thrown at them almost everywhere. People don’t like appreciate anything that is fully centered on centralization again.

Most of the coins that are centralized in nature are being hated because they are already going out of the reason why cryptocurrency was created and Facebook is not exceptional of this also, people will use Facebook quite alright, but would not be as a result of their love for it, since it is going to be more like a centralized token too which may be competing so much with ripple.

[Menawi12]

I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.

https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit

I prefer Libra Coin compared to XRP. But I think no one hates Libra Coin and can even be said to be enthusiastic because with the Libra Coin, the adoption of cryptocurrency will be faster

[cahbagus555]

not everyone hates facebook coin, many of them are still waiting for the facebook coin to be launched, so I think this is a normal thing if anyone likes and there are those who don't like new coins.

Agree, even many investors are looking forward to the launch of Libra Coin because many will surely use it. With the number of members reaching billions, Libra Coin's chances of success are very large and also Facebook members can transact between members quickly and cheaply

[babysweetTiger0401]

I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.

https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit

Those main reason probably was that it is centralize, and many community in the entire world are not deeply mature in crytpo or blockchain technology, all they know was they one of the subscribers of Facebook but they're not aware about the difference between centralize and decentralized system in terms of cryptocurrency.