Can we trust Libra after Facebook kept fail us when it comes to privacy &data?

[jonathan6655321]

From Cambridge Analytica scandal to actually selling people data for money
Facebook already used their power in the wrong way.

Libra will turn FB into the largest bank in the world (User base wise)
Can we really trust them when it comes to money?

What will happen when FB/Libra will get hacked again?

[mocacinno]

I guess i'll never ever trust facebook... Not with my data, not with my money... However, i might use libra depending on the technical data in it's whitepaper. It's perfectly possible libra will be safe even if facebook gets hacked... But untill i've actually browsed trough their whitepaper, i can't say for sure

[Bitcoinqubit]

From Cambridge Analytica scandal to actually selling people data for money
Facebook already used their power in the wrong way.

Libra will turn FB into the largest bank in the world (User base wise)
Can we really trust them when it comes to money?

What will happen when FB/Libra will get hacked again?

before you talk about all this , smart mind which is relative because what i say it stuff kids ...to get to complex places where top smart people search alot of time answer....this section and what you ask show something very wrong with your logic....

lets see why...

few people all day long talk about libra project coin and promosing project and go to other related stuff while someone smart outside relative to this people he called smart say to them its not investment the price of stable coin dont grow its just exchange like exchange usd to euro its not investment....

so how it can be promosing?

then he say to them if you exchange to something stable its better will be gold or diamond compare to new thing like crypto...

then he say why people invest in real crypto the price can grow very high and some of them even can be astronomical in the future....

they invest not exchange....when you buy stable coin its called exchange

then he can get deeper but they probaly so dumb this people if they talk all day long about this kind of projects and cannot understand kids stuff...

its not decentralized.....its centralized tech,,,,facebook control your money and can lock it like paypal

but then this smart mind say them to get to this points is waist of time because stable coin its not investment its called exchange the price will not grow....so whats the point

but 98% its fact people on the web is uneducated and they dont analyze what they do and what they speak and other kids stuff **

the other side of the world is real crypto and there is where the smartest in the game go deep the rabbit hole, most of the activcites and do other intersting things to improve our future ...

[Bitcoinqubit]

From Cambridge Analytica scandal to actually selling people data for money
Facebook already used their power in the wrong way.

Libra will turn FB into the largest bank in the world (User base wise)
Can we really trust them when it comes to money?

What will happen when FB/Libra will get hacked again?

reread this because its kids stuff i not talk about how to be fully anonymous, and how to bring complex idea to the world and market it and other cool  stuff

kids on reddit know this....yes kid in age 18


   
Re: Can we trust Libra after Facebook kept fail us when it comes to privacy &data?
Today at 03:14:05 PM
Reply with quote  Edit message  Delete message  +Merit  #3
Quote from: jonathan6655321 on Today at 02:58:02 PM
From Cambridge Analytica scandal to actually selling people data for money
Facebook already used their power in the wrong way.

Libra will turn FB into the largest bank in the world (User base wise)
Can we really trust them when it comes to money?

What will happen when FB/Libra will get hacked again?


before you talk about all this , smart mind which is relative because what i say it stuff kids ...to get to complex places where top smart people search alot of time answer....this section and what you ask show something very wrong with your logic....

lets see why...

few people all day long talk about libra project coin and promosing project and go to other related stuff while someone smart outside relative to this people he called smart say to them its not investment the price of stable coin dont grow its just exchange like exchange usd to euro its not investment....

so how it can be promosing?Huh

then he say to them if you exchange to something stable its better will be gold or diamond compare to new thing like crypto...

then he say why people invest in real crypto the price can grow very high and some of them even can be astronomical in the future....

they invest not exchange....when you buy stable coin its called exchange

then he can get deeper but they probaly so dumb this people if they talk all day long about this kind of projects and cannot understand kids stuff...

its not decentralized.....its centralized tech,,,,facebook control your money and can lock it like paypal

but then this smart mind say them to get to this points is waist of time because stable coin its not investment its called exchange the price will not grow....so whats the point

but 98% its fact people on the web is uneducated and they dont analyze what they do and what they speak and other kids stuff **

the other side of the world is real crypto and there is where the smartest in the game go deep the rabbit hole, most of the activcites and do other intersting things to improve our future ...

[bkbirge]

I'm reminded of the adage "power corrupts, absolute power corrupts absolutely". Interesting times coming up.

[avikz]

From Cambridge Analytica scandal to actually selling people data for money
Facebook already used their power in the wrong way.

Libra will turn FB into the largest bank in the world (User base wise)
Can we really trust them when it comes to money?

What will happen when FB/Libra will get hacked again?

Facebook has never said that they will protect your identity from the regulators! Because if they try to add anonymity to Libra, they won't get permission to launch their currency in majority of the countries! So your identity is never safe with Facebook. The banking and money market regulators will have access to your financial data if you use Libra! You have to understand that Facebook is not trying to build a cryptocurrency (even if they are saying so)! They are just trying to build a digital payments bank in the disguise of cryptocurrency and blockchain!

[mk4]

We're just making assumptions. Just because that Facebook is hoarding data, it doesn't automatically mean that that will also be the case with Libra. Also, Libra is supposed to be open source, which is a big plus in my book, though I'm not sure about the Calibra wallet. The Calibra might be the platform for them to harvest our data, but hopefully we have the choice to use other wallets as to prevent this.

[spadormie]

Actually, the choice is up to you whether you want to trust facebook as an investment scheme. Actually not an investment scheme since it's not profitable. But, look at how facebook is good in doing business. Just on that thing, you can see that it has an edge also. It is accommodating billions of people in the world. But for my side on this, I will not invest in libra, for it is a stable coins. Stable coins are stable, the price will not move.

[Bitcoinqubit]

We're just making assumptions. Just because that Facebook is hoarding data, it doesn't automatically mean that that will also be the case with Libra. Also, Libra is supposed to be open source, which is a big plus in my book, though I'm not sure about the Calibra wallet. The Calibra might be the platform for them to harvest our data, but hopefully we have the choice to use other wallets as to prevent this.

all this answer is very danger to noobs and uneduacted people ....

some really smart its waist of time to talk about any stablecoin if it libra or tether why???/ the price dont grow and you just exchange value for value like used to euro nothing more and this is not investment at all as the smartest in the game go after top real crypto that grow by price...

from this point its waist of time to speak about this but to educate noob

its not decentralized tech its centralized tech ....if it open source or not it dosent matter hhhhh which show on your very low logic when you say its open source ....and what its mean,,,centralized tech can be open source nothing speciel about it.

and someone smart will exchange to gold or diamond for something stable rather then some shitty crypto

[seoincorporation]

I close my facebook account 5 years ago because i don't trust them since then, they start as a social network and then become a social control, their philosophy is 'if you can't with the competence then buy it' and that's why they buy whatsapp and instagram... Now thay want to do the same with cryptos, they want to become the new ETH and we can't trust them, even if in some years people use more libra than bitcoin the best thing to do is to not feed the beast. I will never trust them.

[Bitcoinqubit]

Actually, the choice is up to you whether you want to trust facebook as an investment scheme. Actually not an investment scheme since it's not profitable. But, look at how facebook is good in doing business. Just on that thing, you can see that it has an edge also. It is accommodating billions of people in the world. But for my side on this, I will not invest in libra, for it is a stable coins. Stable coins are stable, the price will not move.

bingo

[mk4]

some really smart its waist of time to talk about any stablecoin if it libra or tether why???/ the price dont grow and you just exchange value for value like used to euro nothing more and this is not investment at all as the smartest in the game go after top real crypto that grow by price...

Not because something is not invest-able it doesn't mean it's not worth talking about and that it can't be useful for a lot of people. Libra can be useful without being a speculative asset.

If all you want to talk about is moon and lambos then go to Reddit.

[Bitcoinqubit]

I close my facebook account 5 years ago because i don't trust them since then, they start as a social network and then become a social control, their philosophy is 'if you can't with the competence then buy it' and that's why they buy whatsapp and instagram... Now thay want to do the same with cryptos, they want to become the new ETH and we can't trust them, even if in some years people use more libra than bitcoin the best thing to do is to not feed the beast. I will never trust them.

mate if they was bring real crypto coin with low supply and great tech and everything is top its ok and its help us and even can outperform ethereum....

at last in this point he stand with us with the change, and help...but the libra is not decentrlaized tech its centralized tech..

read why peer to peer file sharing was burn because before this the tech was centralized its mean few servers/entity/facebook/govermnetns hold everything....

in order for governmnets to shut down peer to peer=decentralized file sharing they need to shut down more then 500 million computers arouund the world...which mean computer a download movie from computer z while computer z is upload mp3 to computer d its peer to peer ...computer to computer compare to centralized where few main servers hold everthing and a and b and c and d and z computers communicate with the main servers to get the info,movies and so on

...

[Bitcoinqubit]

some really smart its waist of time to talk about any stablecoin if it libra or tether why???/ the price dont grow and you just exchange value for value like used to euro nothing more and this is not investment at all as the smartest in the game go after top real crypto that grow by price...

Not because something is not invest-able it doesn't mean it's not worth talking about and that it can't be useful for a lot of people. Libra can be useful without being a speculative asset.

If all you want to talk about is moon and lambos then go to Reddit.

you mic going to drop and dont bring it back , its game over

from your answers you sound like some kid that even dont know what he speak...the people on reddit no body scam their ass they very smart and protect the commuinty there,,,and moon its the nature of real crypto nothing wrong to wait the moon with low supply real crypto.

you also uneducated as i very smart in economy and know very smart economist on the web the nature of stable coin is lose value over time and the prices in super markets and other stuff slowly go up and this is why we need real crypto....not stable because the paper money stable money compare to prices go up in supermarkets and other things dont help and stable coin over time lose value ask expert economist and expert blockchain or someone from MIT school i have ton friends over there.

its speculative because its new to the system....hhhh its not speculative because this is the nature of crypto

so here he simple answer but search graphs of stable money and see the curve how it lose value fast....the prices go up in super markets and cars and other things and houses and you basically exchange the stable paper money to stable crypto money and there is no difference

this is why satoshi team is so fucking calculated...

its kid stuff and when you say go on reddit , the people over did alot of them retire and some of the top activist seat there and hide even edoward snowdan

[Bitcoinqubit]

some really smart its waist of time to talk about any stablecoin if it libra or tether why???/ the price dont grow and you just exchange value for value like used to euro nothing more and this is not investment at all as the smartest in the game go after top real crypto that grow by price...

Not because something is not invest-able it doesn't mean it's not worth talking about and that it can't be useful for a lot of people. Libra can be useful without being a speculative asset.

If all you want to talk about is moon and lambos then go to Reddit.

its impossible to bring the mic back after he fall in this kind of way its called game over === THE ANALYZER

stable coin over time lose value read about it look on graphs and ask expert economist ....the we have another problem the prices on houses and cars and supermarkets, clothes go up relative to the stable paper money which lose value and the system is get to the point where there is no exist ....

the moon is part of the low supply real crypto that grow and its fun wait for this....i was one the mind which make bitcoin viral with others without any salary 

then satoshi team come in find solution how to save the system even the prices go up in everything.....peer to peer money with low supply.

then super dumb people hhhhhhh create crypto stable coin which in fact its the same like paper stable money and dont bring any thing new the prices will continue to grow in cars,houses,clothes, and other and our stable crypto coin will fuck us like paper money

most of stable coins are scam and the only real stable crypto coin is code which produce or reduce supply coins relative to buy and sell to the coind and backed by itself not pegged to usd or gold or diamond which all this is scam,,,,,

its backed by self smart code...if people sell this coin the code reduce the amount of coin and if to much buy this coin the code produce more coins and in this way the code make stable price but overall stable coin dont help the prices in supermarkets and houses and cars,clothes go slowly up so the idea is bed and even more bed when the coin became main stream the price will not grow....

this is the only real crypto peer to peer coin backed by self smart code the other pegged to usd or gold or diamond or whatever is PURE SCAM but its relative to the mind that know to research.....


if i was ask you how stable coin work and what types of stable crypto coins...you will never answer me i know from your first of answer hhhhhhhhh

second time the hand fall the mic already on the fl00r

[antisocial77]

can anyone trust zuckerberg after all we know?he has to work really hard to earn our trust and respect.my opinion about him is he can do everything for money and power.

[Bitcoinqubit]

can anyone trust zuckerberg after all we know?he has to work really hard to earn our trust and respect.my opinion about him is he can do everything for money and power.

true

[BrewMaster]

Libra will turn FB into the largest bank in the world (User base wise)

i haven't yet heard of any good reason why people keep repeating this!
just because a lot of youngsters are wasting their time on their social media it doesn't mean they are also going to use their payment processor services called Libra too.

[mk4]

Jeebus dude. I so want to make counter arguments but I really couldn't understand what you're trying to say no matter how hard I tried to decipher your statements.

can anyone trust zuckerberg after all we know?he has to work really hard to earn our trust and respect.my opinion about him is he can do everything for money and power.

I'm afraid only a minority only knows what Zuckerberg has been doing with Facebook. I mean, most of our relatives are still on Facebook aren't they?

[Bitcoinqubit]

Jeebus dude. I so want to make counter arguments but I really couldn't understand what you're trying to say no matter how hard I tried to decipher your statements.

what weird other understand them fast and you not hhhhhhhhhhhhhhhhhhhhhhhhhhh

somebody said me so great answer and first time i see it on bitcointalk and you dont get it


1. paper money= stable coin lose value over time see and read and ask experts in economy while paper stable money lose value with the time the prices in supermarkets/houses/clothes/cars go up....very simple no....

2. if you bring crypto stable coin its the same like stable paper money it will lose value over time and the price in supermarkets,houses,clothes,cars and other by nature the prices go up...

so what the point of stable coin? we already saw what paper money which is stable money what he did while the prices on the markets go up..

3. real crypto coin can grow to huge number and while the prices in supermarkets and cars and houses prices go up slowly it dosent hurt because the value of crypto is much more high and grow compare to stable...

smart people that invest in something stable its gold and diamonds compare to shit stable coin which its called exchange nothing more and igf yes much better gold and diamonds.

the only real stable crypto coin is work on smart code which play with the supply coins which mean if people sell this coin the code reduce the amount of coins and if to much people buy the coin the code, add more coins to supply and by this keep stable price ...backed by it self code.


other stable coins pegged to usd,gold,diamonds are all scam...because the only real crypto coin is work on smart code which reduce and produce coins relative to buy and sell of the coin and by this keep stable price....but stable coins are bad in a system where the prices in super markets,house,clothes,cars go slowly up year by year....