Will Facebook’s Libra Coin be a Game Changer in Crypto Ecosystem

[XCANA]

Facebook has no credibility mate, they are fond of selling out users data to the buyers(either the government or to other individuals for use), the government are just trying to infiltrate into the world of cryptocurrency and they think that, thorough facebook they can hit the whole world 

Facebook Libra will be a failure. Learn from former billionaire Anil Ambani. All the hype created by those MBAs and CAs for nonsense. Bitcoin has also run into trouble in many big coutnries.

Hey mate, let me remember you of the biggest social media which is facebook.com and they are up to something good for the crypto-world. Not saying that, they will be above Ethereum not to of Bitcoin but they will help adoption of Blockchain and Bitcoin to the entire masses. But remember that, their token is centralize and it can be measure by ripple.

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[dat.ho12492]

Facebook has no credibility mate, they are fond of selling out users data to the buyers(either the government or to other individuals for use), the government are just trying to infiltrate into the world of cryptocurrency and they think that, thorough facebook they can hit the whole world 

Facebook Libra will be a failure. Learn from former billionaire Anil Ambani. All the hype created by those MBAs and CAs for nonsense. Bitcoin has also run into trouble in many big coutnries.

Hey mate, let me remember you of the biggest social media which is facebook.com and they are up to something good for the crypto-world. Not saying that, they will be above Ethereum not to of Bitcoin but they will help adoption of Blockchain and Bitcoin to the entire masses. But remember that, their token is centralize and it can be measure by ripple.

What facebook is doing and expressing is really special when they start public, apply crypto and bitcoin-related technologies and issues to the community, from an objective perspective, this is a good event for this field. But with a strong publicity with such a large scope, the government's attention will probably go to the crypto world, perhaps the rule and everything in this game will begin to change when the emergence of libra coin marks government intervention in crypto.

[katerina5643]

tbh its a very controversial news. on the one hand Global coin will be really easy to get, retain & use it. But on the other hand we dont know exactly about its safety and real purpose.
however, it seems to be good payment system.also u can read more information here https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html

[Saisher]

The social media giant, Facebook has finally revealed the details of its cryptocurrency Libra. Today the platform released its white paper explaining Libra & its testnet before a public launch in the Q1 of 2020.

Additionally, the new Libra coin will allow users to purchase things at local exchange points like grocery stores. Also, enables users to spend it using third-party wallet apps or its own Calibra wallet that will be built on WhatsApp, Messenger, & its own app. The best part is that you can transfer money to people with nearly zero fees.

“Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people.”

Read the complete White Paper of Libra coin

That would be a huge milestone if they able to do that what other coins have failed to do, the Facebook coin can make all the big difference in the name of adoption, they have the funding, the resources can tap the best people, had the marketing platform, if they fail, what else can.

[TinaK]

So OP you are believing this centralized market company is going to change the complete crypto ecosystem! Naah... I will never believe any centralized cryptocurrencies first of all and then they are not worth to invest and make a long term profit.
These centralized cryptos will not give the way to sell their coins as our wish. Team and exchanges controls will be there in their terms and condition itself.
Let's see when it comes to the market, how it is will be reliable for us.

[katerina5643]

hey , everyone. recently i have found an interesting thread regarding this discussion. You can check it following the link.

[ck343]

All this sounds very tempting, but will the banking giants allow it to happen?

Good question
This is something that struck me too: among the members of the Libra Association there are no megabanks.
JP Morgan, Goldman Sachs etc., they are all developing their own Stablecoins