Is Libra the future anyone wants?

[MMA Rats]

I see the future of LIBRA as a top project at most, and no more than that, because it is essentially the same altcoin as all the others

[Woodie]

In my opinion Libra is only the gate way to greatness for cryptocurrencies

as its literally coming as a wolf in Shep's skin, but who knows its to early to call it a good or bad project for the future.

For now we watch from a distance.

[CryptoAlphaStar]

Unfortunately, the masses don't care about privacy. They care about convenience and saving time. And I am more than sure, that Facebook will provide that.
The libra project will be very successful according to me. But at a high price.
However, we are not obliged to use it or participate. Nobody stops us from keeping developing our own money.

[ashmodeus]

Most likely, Libra will become a popularizer of bitcoin. Since Libra will cooperate with various institutional investors on the similarity of MasterCard and Visa. Yes, this crypto currency will not look like a typical one, but it will be stable and people will begin to understand the crypto-currency industry.

for me , its like a new universal money.
with blockchain system, for some good reason,yes.
it will bring more people have attention to crypto industry
but on otherside reason,i think it will be the next bucks.
just imagine, 1 for everything,since big company has been partnership with libra.
it will bring new ERA.

[old fart]

Libra will be the catalyst for mass adoption,bitcoin popularity and crypto utilities in general. Although it is a centralised payment system in my opinion, it will still go a long way in bringing more people to the use of Internet money.

[rodel caling]

Libra coin is just a blockchain based version of fiat. No true advocates of decentralized cryptocurrency would ever want that. But we also have to admit that there are millions of facebook users that are not into crypto, so those will be their target customers. The bad rep will be, those customers will consider it as true crypto since they are not well aware of bitcoin and true characteristics of a decentralized cryptocurrency.

Yeah that's correct sir, libra project they the advantages of social media site to encourage and convince the users to become aware in crypto what is all about. And possible people to start researching what is bitcoin as currency or crypto.

[sandra_x]

I do not think Libra is a threat to the future of the blockchain ( or more appropraitely-cryptocurrencies), first it is a stable coin and will not be much different from paypals or other centralized entities, secondly, cryptocurrencies are still evolving and we are at the beginings relatively

[reynald70]

I think Libra will be a coin equivalent to a dollar, which has price stability. And this Libra coin will not be able to compete with Bitcoin, because of the striking difference between the two, so I personally only hope that Libra and Bitcoin will coexist.

[akram143]

Libra has raised fears about the future of blockchain mainly because it goes against everything the community wants and believes in: decentralization.

Facebook could ultimately create a massive closed-loop revenue model from ads, digital marketplace, to payments. Do consumers want to bet on the status quo of existing monoliths?


https://elixxir.io/blog/is-libra-the-future-anyone-wants

really I don't talk because it is also in the beginning Stage So if the massive development happening only we can expect this is the future and I think they are putting their 100% effort in in this project if it is successful then it has huge attention and achievement in Crypto field.

[Baofeng]

So, even though most want decentralization will be even important that one wants centralization. The important thing is for each to do their part and feel good in relation. Although Facebook Libra go against most projects it's a great player in the market. This will attract more people.

We will see about that, everyone says that it will bring good things in the ecosystem. But we cant' say for certain, US lawmakers are really against it, even the President himself has some nasty things to say about Facebook's Libra. So right now everyone here is just pure speculating if it can bring positive or negative effect on the crypto verse, but so far from what I have read, majority are questioning this coin.

[Periodik]

Libra is definitely a part of the future that everyone wants. But Libra is not the future that everyone wants. Libra is joining the future to be exact. The future is cryptocurrency and blockchain. The future is peer-to-peer transactions in commerce. The future is about the replacement of paper bills and physical coins with digital money. That is what Libra learned from Bitcoin, above all.

[carrie_white]

Libra is not the future of crypto that we want, but Libra is the future of crypto that we need, because with the emergence of the Libra, this has made the crypto market move back to life after a long period of continuous decline, with giant companies like Facebook participating in the crypto world, this is good news for the future

[Piskeante]

libra is the end of crypto as a hole.

[Piskeante]

Libra is centralized, so not all people want this coin as investment,the popularity of this coin is really huge and maybe this coin is suitable to be used for daily transaction, this could be really useful coin for us to buy things since its a stable coin, but for investment people will choose decentralized coins, both of them are needed and can be used to make our lives easier

not only is centralized. It's the creation of a group that is pushing their own political agenda, against the right. They are totalitarian ultra-liberals (leftists). Facebook, Google, Instagram, twitter... etc... if they are using social network to ban ideas from having share, why do you think they would not do the same against your ideas? What if libra was used to push leftists laws in countries and the country that denies it, is banned from using that coin??

Libra is the end for crypto.

[santiPOGI]

LIBRA is another cryptocurrency (alternative coins), this one will give more support and acceptance on crypto.
But this is just another alts which can be more successful than others.
We can use this to gain more people in the community and acceptance for more merchant in this world.

[globalking]

anything which is centralized control by somebody I personally don't like it and the whole  purpose of cryptocurrency is to be decentralized

[Argoo]

I think Libra will be a coin equivalent to a dollar, which has price stability. And this Libra coin will not be able to compete with Bitcoin, because of the striking difference between the two, so I personally only hope that Libra and Bitcoin will coexist.

It is too early to draw conclusions about the coexistence of bitcoin and the Libra coin.Facebook also has a lot of problems.Perhaps it will be a coin only for internal use without support for conversion or exchange to another crypto currency.The regulators will decide.Let's be patient.

First let this Libra coin appear, we will evaluate it, and then we will decide. In any case, without the support of the people, this coin will have no future.
In addition, now with the launch of this project, Facebook has big problems due to the US position. This coin, which made a lot of noise, may never appear.

[silent17]

I think Libra will be a coin equivalent to a dollar, which has price stability. And this Libra coin will not be able to compete with Bitcoin, because of the striking difference between the two, so I personally only hope that Libra and Bitcoin will coexist.

It is too early to draw conclusions about the coexistence of bitcoin and the Libra coin.Facebook also has a lot of problems.Perhaps it will be a coin only for internal use without support for conversion or exchange to another crypto currency.The regulators will decide.Let's be patient.

First let this Libra coin appear, we will evaluate it, and then we will decide. In any case, without the support of the people, this coin will have no future.
In addition, now with the launch of this project, Facebook has big problems due to the US position. This coin, which made a lot of noise, may never appear.

According on what I read about libra coin, It's true that the libra coins run using the blockchain technology, and it's also true that the price of the libra coin is stable, but according to what I read, libra coin is not considered as a cryptocurrency, I think it will only use the blockchain technology for faster transaction processing but it will only run in the facebook platform and will not be put on exchange. If this kind of coin really do put on exchange, do you really think the this kind of coin will really be stable, and if it is on the exchange, it will only be like the TUSD which is redundant to the marketplace.

[Nezerlan]

Libra is meant to be a stable coin if I am not mistaken. So it will not have much impact on the future of cryptocurrencies. Rather I believe that it will even help in marketing blockchain and other cryptos to the wider noob community

[Shanisaimi]

Thanks for asking this .this is my thought libra coin is better and safe coin as well .this is good for future it will help us in many way of our life .it
could make our life easy fast and precious .this is stable coin we can hold our deposit but we can not grow in this as other coins