LIBRA - Strategy for world domination

[glennmatthew]

Is Libra the first step for Facebook to take control of the world?

Lets think about the facts:
- Facebook has 1/3 of the world as its user base (2.4 billion users)
- Libra coin will be very easily accessible to all of facebooks users
- Libra coin will be a stable coin, price will not fluctuate providing users in 3rd world countries with a medium to store their wealth.


There are already countries (like venezuela) where a national financial crisis caused fiat money to lose all worth. In desperation people are moving their life savings to bitcoin... Considering that bitcoin is a hard resource for the average person to use, imagine how quick adoption of Libra will be. Libra will be available to use on every cheap smartphone. Developed by Facebook it is sure to be a very user friendly experience, everyone will be able to use Libra. People will use it like real money in every possible way through things like facebook messenger, online shops, international transfers, peer to peer transfers...

Facebook has penetrated our lives in almost all possible ways; relationships, news, entertainment, social gatherings, advertising... the list goes on. The only thing facebook still doesn't have control over is our money. Here comes Libra...  

The snowball is rolling, it can not be stopped.

Imagine the world in 20, maybe 50 years.

With the addition of Libra, and a very smart plan for user adoption Facebook can rise to a position of such great power, that it will be in control of the whole world.

[Baofeng]

There's a lot of conspiracies and speculations around about what the real purpose of Facebook launching its own token. However, we have a lot of conspiracies in the past, just like "Jewish Rothschild", supposedly New World Order. But so far we haven't felt it, at least in my part of the globe. So I don't think that Facebook can't do it as well and won't achieved this goal, that is if they have plan this so called 'world domination'.

[DarkDays]

Libra will undoubtedly be big, but it's still just a watered down version of Bitcoin.

As people invest in Libra, they'll gradually gain awareness of the entire cryptocurrency market, and will inevitably find that Bitcoin is the superior option.

However, if Facebook manage to make Libra available to spend in as many places as Visa, then it could be absolutely huge.

[kawetsriyanto]

Libra is a part of Facebook and I know Facebook has everything to make Libra be a big coin. But we cannot claim it too early about the impacts of this coin in the future. Libra must prove to people that it is a useful and valuable coin firstly. And we can see it after mass adoption occurs. So, just calm and no need for excessive thinking for now.

[leftgirly]

The news and speculations that comes with Libra whether to the selfish interest of Facebook inc or not depends on how one  looks at this whole new coin with a strong community around it . I believe Libra would be a good addition to the popular  cryptocurrencies we have already. Many people are anticipating that Libra makes an instant impact on the market.

[seleme]

Is Libra the first step for Facebook to take control of the world?

Lets think about the facts:
- Facebook has 1/3 of the world as its user base (2.4 billion users)
- Libra coin will be very easily accessible to all of facebooks users
- Libra coin will be a stable coin, price will not fluctuate providing users in 3rd world countries with a medium to store their wealth.


There are already countries (like venezuela) where a national financial crisis caused fiat money to lose all worth. In desperation people are moving their life savings to bitcoin... Considering that bitcoin is a hard resource for the average person to use, imagine how quick adoption of Libra will be. Libra will be available to use on every cheap smartphone. Developed by Facebook it is sure to be a very user friendly experience, everyone will be able to use Libra. People will use it like real money in every possible way through things like facebook messenger, online shops, international transfers, peer to peer transfers...

Facebook has penetrated our lives in almost all possible ways; relationships, news, entertainment, social gatherings, advertising... the list goes on. The only thing facebook still doesn't have control over is our money. Here comes Libra...  

The snowball is rolling, it can not be stopped.

Imagine the world in 20, maybe 50 years.

With the addition of Libra, and a very smart plan for user adoption Facebook can rise to a position of such great power, that it will be in control of the whole world.

Your arguments make sense but you simply overestimate the possible consequences in my opinion. Facebook has a power to rule the social media pages and users, it doesn't make sense for average guy to get known by Facebook management. Libra will be drop on the ocean,the mass adoption will use these type of available tools for understanding the power of real cryptocurrency.

[cryptoblazter]

Libra has high expectations, hoping that with all the attention Libra is getting will be translated into great functionality that were built on trust not just by few people. Some people say that this Libra will eventually become a control to a so called cryptocurrency. However, there's no proof for this. Let's wait until it'll be launched.

[Endikadija]

Is Libra the first step for Facebook to take control of the world?

Lets think about the facts:
- Facebook has 1/3 of the world as its user base (2.4 billion users)
- Libra coin will be very easily accessible to all of facebooks users
- Libra coin will be a stable coin, price will not fluctuate providing users in 3rd world countries with a medium to store their wealth.


There are already countries (like venezuela) where a national financial crisis caused fiat money to lose all worth. In desperation people are moving their life savings to bitcoin... Considering that bitcoin is a hard resource for the average person to use, imagine how quick adoption of Libra will be. Libra will be available to use on every cheap smartphone. Developed by Facebook it is sure to be a very user friendly experience, everyone will be able to use Libra. People will use it like real money in every possible way through things like facebook messenger, online shops, international transfers, peer to peer transfers...

Facebook has penetrated our lives in almost all possible ways; relationships, news, entertainment, social gatherings, advertising... the list goes on. The only thing facebook still doesn't have control over is our money. Here comes Libra...  

The snowball is rolling, it can not be stopped.

Imagine the world in 20, maybe 50 years.

With the addition of Libra, and a very smart plan for user adoption Facebook can rise to a position of such great power, that it will be in control of the whole world.

Your arguments make sense but you simply overestimate the possible consequences in my opinion. Facebook has a power to rule the social media pages and users, it doesn't make sense for average guy to get known by Facebook management. Libra will be drop on the ocean,the mass adoption will use these type of available tools for understanding the power of real cryptocurrency.

And facebook will be doing it right now through use libra and remember not only facebook and the latest news comes from EU banks to create an instant payment system. Facebook was thinking to take this as the best chance to start makes domination in crypto.
But at the same time, there will be another competitor too that will make a competition for facebook.

[samcrypto]

Libra will undoubtedly be big, but it's still just a watered down version of Bitcoin.

As people invest in Libra, they'll gradually gain awareness of the entire cryptocurrency market, and will inevitably find that Bitcoin is the superior option.

However, if Facebook manage to make Libra available to spend in as many places as Visa, then it could be absolutely huge.

Libra is expecting to become a big stable coin, and yes it can bring many people in cryptomarket and that time they will know more about bitcoin that can give them the best idea on where to invest better. Even if Libra coin dominant as a stable coin, i still can’t imagine that it can beat bitcoin. Libra coin will be a good altcoins, but still depend on the future.

[pishite]

Is Libra the first step for Facebook to take control of the world?

Lets think about the facts:
- Facebook has 1/3 of the world as its user base (2.4 billion users)
- Libra coin will be very easily accessible to all of facebooks users
- Libra coin will be a stable coin, price will not fluctuate providing users in 3rd world countries with a medium to store their wealth.


There are already countries (like venezuela) where a national financial crisis caused fiat money to lose all worth. In desperation people are moving their life savings to bitcoin... Considering that bitcoin is a hard resource for the average person to use, imagine how quick adoption of Libra will be. Libra will be available to use on every cheap smartphone. Developed by Facebook it is sure to be a very user friendly experience, everyone will be able to use Libra. People will use it like real money in every possible way through things like facebook messenger, online shops, international transfers, peer to peer transfers...

Facebook has penetrated our lives in almost all possible ways; relationships, news, entertainment, social gatherings, advertising... the list goes on. The only thing facebook still doesn't have control over is our money. Here comes Libra...  

The snowball is rolling, it can not be stopped.

Imagine the world in 20, maybe 50 years.

With the addition of Libra, and a very smart plan for user adoption Facebook can rise to a position of such great power, that it will be in control of the whole world.

It will not repeat the fate of Bitcoin, since the currency will be controlled by the corporation and the state. Bitcoin is why popular, as it is possible to make anonymous transfers to pass sanctions from different countries.

[romelitounknown]

Lol, Libra is centralized and how  would you generate income with stable coin? Facebook has all your personal information, it's worst than a KYC.

[electronicash]

Lol, Libra is centralized and how  would you generate income with stable coin? Facebook has all your personal information, it's worst than a KYC.

exactly the point there, its a stablecoin yet a platform. you can definitely make more money if you hold more libra token to trade. if say those partners of them are going to soon tokenized their company you can trade it with these tokens. i see more companies going to be joining facebook when this is going to work out. and they will definitely work this out. i'm only seeing an exchange manged backed by facebook.

[slashz9]

libra will be stable coin, so the price will not give impact when market down/up like stock or crypto.
and slowly people will know about crypto because the way it works is same use blockchain technology.
poeple will try to invest in bitcoin because can profit,unless if facebook have a great plan for their coin in future,that's just my assumption.

[tranduong123]

Libra wants to go into operation to overcome the barriers of governments. If Lirbra really works, Facebook will have a perfect tool to collect user data

[metalglowd]

That is the most ridiculous reason. Have you seen how Bitcoin developed from the start. Then only with the presence of Libra and Facebook that dominates social media do you think it can change completely because I don't think that is possible.

[freedomgo]

They have that billion of users but take into consideration that not even majority of the total users will use the Libra platform, that's just my estimate and I think people tend to forget that Libra is payment system and not everyone is a potential users of the said platform.

[leea-1334]

They have that billion of users but take into consideration that not even majority of the total users will use the Libra platform, that's just my estimate and I think people tend to forget that Libra is payment system and not everyone is a potential users of the said platform.

Billions of users is for sure a huge overestimation,,, 100%. Even if there are 1 billion Facebook users, I guarantee 20% of thereof are either fake users of users who are leaving FB, and who hate crypto. So if they can convince 80% to use Libra that will be more than anyone can expect.

800 million Libra users is impossible. How many FB people do you know even used Facebook wallets?

[Gabmot]

Libra will undoubtedly be big, but it's still just a watered down version of Bitcoin.

As people invest in Libra, they'll gradually gain awareness of the entire cryptocurrency market, and will inevitably find that Bitcoin is the superior option.

However, if Facebook manage to make Libra available to spend in as many places as Visa, then it could be absolutely huge.

I love this part that Libra will open more people up into getting aware about crypto. I think that's a boost already, if it turns out well. Though i still Libra will be a deserved competitor to Bitcoin's hegemonic prowess

[mirawantirinjana]

how good is the libra coin coming soon?
I think it's not too good. how can you make predictions that the Libra can control and dominate the world?
I am not too sure about that.

[Mr Zet]

Is Libra the first step for Facebook to take control of the world?

yes
yes, it is
eot