[2019-07-02] Facebook Libra Coin did what you all wanted, and now you’re upset?

[BTCNN]

I think we need to take a step back and look at what’s really happening here…

The primary issue with the entire Cryptocurrency industry is lack of communication. You all want the world to understand your digital token and why it’s the next best thing, but when someone asks you to simplify it you often can’t. This is because maybe all the creative thinkers were on holidays when the source code of Bitcoin was written and the product was built with a 100% logical brain, resulting in an over complicated system which people are too afraid to use.

The evolution of Bitcoin and Cryptocurrency has been a dumpster fire. The vision is great, the goal, tools, cryptography, and even the end game is going to be great. But again, it seems like somebody didn’t show up to work that day.

Facebook is the catalyst which will change how Cryptocurrencies are seen and used forever.

Full Article: https://www.btcnn.com/facebook-did-what-you-all-wanted-and-now-youre-upset/

[Slow death]

Facebook is the catalyst which will change how Cryptocurrencies are seen and used forever.

 

what would be the difference between Libra and other stablecoin or other altcoins? I'll answer that question:

The answer is very simple, facebook is popular and has popular partners, but that does not mean that your currency will be a great success... you know what the biggest problem in the crypto world in my opinion? create high expectations. Thinking that because facebook has thousands of users and because of that will be a great success, is an illusion.

How many facebook users do you think will use Libra? and why would they use Libra when they can use Fiat in their daily lives? many facebook users are people who are to post photos and videos for exhibition and fame, they are not to make investments or spend money on facebook

[Ozero]

They write that Libra will be released only next year. And already so much noise from this, so many assumptions and intimidation - and other stable coins will destroy, and will be a competitor to Bitcoin, and much more. None of this will happen. The popularity of each coin depends on the demand for it. This is only one of the stable coins. First you need to see what qualities it will possess and how people will relate to it.

[tycsols]

I have been saying this to my friends since the news of libra has come out that it is a great news for overall crypto market and i tried to convince them that with the launch of libra the adoption of blockchain and crypto will become reality as people will come to know about it at massive level and public level this will bring millions of new people to crypto market resulting in surge in market volume.

[BeManga]

Facebook is the catalyst which will change how Cryptocurrencies are seen and used forever.

 

what would be the difference between Libra and other stablecoin or other altcoins? I'll answer that question:

The answer is very simple, facebook is popular and has popular partners, but that does not mean that your currency will be a great success... you know what the biggest problem in the crypto world in my opinion? create high expectations. Thinking that because facebook has thousands of users and because of that will be a great success, is an illusion.

How many facebook users do you think will use Libra? and why would they use Libra when they can use Fiat in their daily lives? many facebook users are people who are to post photos and videos for exhibition and fame, they are not to make investments or spend money on facebook

i agree there really a billion of user in facebook and user only look for fame and not make investment. we all know its really hard to make profit in stable coin if im not using their platform libra is no use for me i think its the same with other investor. as of now im still no for it but what only good thing libra can offer is to make more adoption and awareness about crypto in my opinion it will give big benefits in bitcoin.

[Endikadija]

They write that Libra will be released only next year. And already so much noise from this, so many assumptions and intimidation - and other stable coins will destroy, and will be a competitor to Bitcoin, and much more. None of this will happen. The popularity of each coin depends on the demand for it. This is only one of the stable coins. First you need to see what qualities it will possess and how people will relate to it.

If the facebook company still can't make a deal with US lawmakers and then it will be delayed. But idk about what do you mean about will destroy, libra backed by facebook and that will definitely give instant popularity but not about people who interested in using it.

[rodel caling]

Facebook is the catalyst which will change how Cryptocurrencies are seen and used forever.

 

what would be the difference between Libra and other stablecoin or other altcoins? I'll answer that question:

The answer is very simple, facebook is popular and has popular partners, but that does not mean that your currency will be a great success... you know what the biggest problem in the crypto world in my opinion? create high expectations. Thinking that because facebook has thousands of users and because of that will be a great success, is an illusion.

How many facebook users do you think will use Libra? and why would they use Libra when they can use Fiat in their daily lives? many facebook users are people who are to post photos and videos for exhibition and fame, they are not to make investments or spend money on facebook

A big big point and yes I agree with answer and correct facebook have millions of users but a lot of them didn't knoW all about crypto currency.
But need a lot of time to introduce for Facebook users what is lib a connected into crypto as become altcoins as future miney creating by the popular site.

[tsaroz]

I was suspicious at first when Facebook announced the Libra cryptocurrecy. I thought an enterprise as big as Facebook issuing a cryptocurrency would affect the whole crypto economics. But unlike the crypto coin I thought, Facebook is indeed issuing a stable coin as a means of payment for day to day activities. It would really be beneficial to everyone and also to other cryptocurrencies. There's nothing to be upset about it. It's better than what I could have imagined.