Facebook launching libracoin, what happen will 2020?

[Bounty Don]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

[mk4]

what happen will 2020?

Bitcoin development will still continue to move forward, adoption will still continue to slowly increase, and Bitcoin will still remain as one of the best inventions in our generation.

[Duzter]

Facebook coming up with its cryptocurrency will surely make a big difference globally. As of now there is lack of understanding and knowledge about the cryptocurrency, now with the launch people will get to know much about cryptocurrencies. This will lead more common people to use cryptocurrencies, and people doesn't stick to a single asset they needs multiple access. This will let more to give a try on bitcoin and other cryptocurrencies. By this I believe in one way or other libra from Facebook is good for growth of entire cryptocurrencies.

[djcaoile1205]

Libra will be a global currency (Instagram, What'up, Facebook). A lot of people will have to use it.

[duglin]

I'm afraid Libra will be adopted better then bitcoin..

[mk4]

I'm afraid Libra will be adopted better then bitcoin..

It's indeed very likely, and there's no problem with that. Libra is a centralized coin that's backed by assets. Due to the simple fact that it's centralized, chances are, UX will always be better because it's basically a stablecoin. Think of it just like a potentially better PayPal.

[eagleman]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

But crypto isn't meant for centralization, bitcoin is decentralized and libra is going to be centralized.
I'm just looking at the brighter side that libra is going to endorse the use of crypto which mainly aims bitcoin's adoption.

[seleme]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

Libra will be used a alternative to the Tether and UsdP in my opinion, the existence of Facebook coin will accelerate the mass adoption. Cryptocurrencies are the future of online payments, so Facebook did a right choice with making a stable coin for social media.

[BeManga]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

it can really become one of the popular crypto because it backed by a lot of different company especially facebook
some say it will overcome bitcoin but thats really impossible we all know that there a lot of crypto try to overcome bitcoin but never succeed.
bitcoin only use all the other altcoin to get more awareness in my opinion it will be the same in libra.

[adzino]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

Ban all crypto currency related advertisement and then make your own crypto currency. Lol. This is just straight hilarious. Again, if you didn't know, this is going to be a centralized coin with heavy regulation. Why would we need a centralized coin when we already have e wallets like paypal?
Many people who think Libra will be very popular like bitcoin is actually wrong.

[kawetsriyanto]

Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

What do you mean by "other coin centralization"?   
Yes, I assume with FB follows to create its own coins, crypto world will have new support. At least, it means FB recognizes that digital coins like Bitcoin and altcoins are very needed for future life. I am sure, after this surprising news, crypto adoptions will increase rapidly since people trust more in crypto future.  

[Cheesus]

We don't know what is gonna happen with the Libra, but it is true that Libra coin invention is agood news for the crypto community. People were asking about the BTV mass adaption, last year everyone talked about the ETF, SEC, Mass adaption and Libracoin is here to make that everything.

[jazmuzika217]

We cannot sure if this launching will bring a big impact to the market as what I know Bitcoin is the king and no one can replace or defeat its potential for me this libra coin is an ordinary like other stable coin but its good to know that facebook enter to cryptocurrency world then more and more will encourange.

[Endikadija]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

It will be delayed, you can try to read the latest news about facebook urged pause the development of altcoin. it will be very popular caused by facebook's name. But as you can see that so many people are thinking the opposite thing about libra coin.

[EdenHazard]

Bitcoin will be known by lots of people and became a mainstream place for investment at that time. It's indeed the libra coin will give an affect to cryptocurrency as a whole actually, they have a bunch of user and facebook is mainstream social media so as if they launch their coin sooner or later they will be interested.

But for some people who have a concern against it they will find another source about libra coin and the ins and out about libra until he will find cryptocurrency which mean they will know bitcoin is the real cryptocurrency which has decentralized system. It's just a process of time for cryptocurrency became a mainstream and will be accepeted by many people.

[cafee_orange]

With the presence of Libra, it will certainly make investors in the crypto world even more attractive, because Libra, which is the largest company and has been known to the whole world, surely this will be an interesting competition to listen to, I do not want to see how the whitepaper on the project.

[bennguyen]

Recently I saw a news about Facebook crypto. Facebook Authorities saying that, they launching a new virtual currency called Libra. I heard libracoin will release in first half 2020. I think, it is very big news for crypto revulation in whole world. Once a time facebook was not support crypto/virtual currency but now they launching their own currency. Many people says Libra project will help crypto globalization and developing bitcoin and other coin centralization. Many people thinking, Libracoin will very popular like as bitcoin.

Will be a new future for cryptocurrency. Facebook is a big social network, after Fb launched Libra there will be many people who know the Cryptocurrency market.
What do you think it will look like? Oh, I should definitely buy and hold btc, eth, .... now.

[sweetbet]

I don't see Facebook's Libra coin as a threat to any of the existing cryptocurrency and especially not to Bitcoin for the following reasons:

1. It is centralized and cannot be taken off the Facebook platform and kept in your own personal wallet.
2. The U.S. government has asked facebook to halt all developments of the coin until they've had a chance to look further into it.

[bamboylee]

2. The U.S. government has asked facebook to halt all developments of the coin until they've had a chance to look further into it.

This is just a small hurdle for facebook and I think they can overcome this. If Libra continues, it is a big exposure for cryptocurrency and blockchain. Hopefully, this will also have a positive effect on adoption to bitcoin.

[cliber]

We'll see what will happen later. Now a lot of information about Libra Coin. Of course I am very much awaiting the arrival of Libra Coin launched by Facebook.