Facebook’s Libra

[bolajiy123]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

[kumiskura]

Mark did not support scam advertisement and the majority of ads related to cryptocurrency is a ponzi scheme and HYIP. That was why they banned it temporarily, but it does not mean they denied it, just like Jack from Twitter. Future of altcoin?
Libra is stable coin, it is not a future but a new competitor for USDT and other stable coins.

[ashmodeus]

what do you think about the  Facebook’s Libra,

just another stable coin like USDT,USDC,PAX,etc.

could it be the future of altcoin?

no, how u can think some stable coin with centralized system will be future of alcoins ?

one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

i guess he just try to reduces scam ico when ico booming a few years ago.

[masulum]

Facebook libra maybe cancel launcing or delay because regulator not giving them permition to operates.
This is a good articles you can read for more detail

• https://www.digitaltrends.com/news/facebook-libra-delay-cancel-sec/
• https://www.cnbc.com/2019/07/29/facebook-warns-investors-that-libra-may-never-see-the-light-of-day.html
  

[Genamant]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

too many fuzz rising about libra ,so many speculations but the reality Facebook's Libra coin is fast approaching
i really do not think that Bitcoiners should be intimidated about this but it might just what we need for spreading the system.
Imagine the Billion users of facebook being introduced to digital money. As a crypto person im getting excited over this.

[samcrypto]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

Libra coin is not sure to be out in the market, they are still thinking about it but its good for them to create an early hype. If Libra coin already make theit final statement about the future, then I’m sure they will be a good stable coin but I don’t think other altcoins will be affected. Libra coin is still a speculation, and too early to make predictions but I will support that if ever.

[republicrypto]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

basicly libra is a stable coins, thats mean this is just like USDT or others and the value of libra will be fixed my friend
so, this coin will never be a competitors from the top alts such as Eth, litecoin or other
regards

[Iyeman]

Libra will act as a stable coin only and we must not argue about that because it's clear what will be the purpose of the libra as a stable coin and it will become a medium payment system only on its platform and no more. it will be more interesting for us to discuss wallmart's crypto.

[jossiel]

How can it be the future of altcoins if this coin is all about being stable? Mark Zuckerberg never supported any crypto before but he's on the studying period during 2017 which was the all time high and bull run for crypto.

That time took his attention and now he has come up with a plan of making their own altcoin which is a stable coin. I'll wait until it finally launches because now, they are getting hard time with senate.

[Xphenosis]

It's still a speculation and to be honest they should deal first with the senate. I don't think it will be the best altcoin you mean the best stablecoin out there considering how many coins are there that has good products to present with, Libra will struggle for sure.

[ene1980]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

Libra is nothing but a centralized coin and you will see many companies coming up with these centralized coins and you might even see many governments coming up with their centralized coins and these things are not surprising to figure out how the market will trend in the future, whatever be the situation bitcoin will be the true decentralized currency and merchants and users who wants to trade freely will use bitcoin in the future.

[Saint-loup]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

I think it's highly compromised, since many governments want to ban Libra to protect their banks and to protect their national currency.
Unfortunately Libra partners are big companies and they can't afford to be seen as government opponents, so they will skip from the project IMO.

[rodel caling]

Mark did not support scam advertisement and the majority of ads related to cryptocurrency is a ponzi scheme and HYIP. That was why they banned it temporarily, but it does not mean they denied it, just like Jack from Twitter. Future of altcoin?
Libra is stable coin, it is not a future but a new competitor for USDT and other stable coins.

You have a point mate, mark create thos new altcoin under the name of their famous social media company because mark believe facebook willbring too much miney to their company if they can get hype and successful in the market and that isn't possible in the of the facebook social media advertisement for sure people investing in the libra coins.

[Chikito]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

Mark want to make  easy payment user by user using blockchain, he have facebook, whatsapp and instagram, This fact, when libra launching will got alot of user for using libra for payment that both. but, them Cryptocurrency aren't decentralisation like Bitcoin, libra have centralisation like bank, not pure blockchain technology. And people still have traumatic about facebook at past when they give user data to geverment.

[Darker45]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

It is not only Mark Zuckerberg who flip-flops regarding his stand on cryptocurrency. Jamie Dimon has made it earlier in the grandest of ways.

Regarding Libra, it is wrong to just treat it as a mere altcoin along with the rest. It would be more apt to classify it together with USDT and other stablecoins. It is not like many of the altcoins in that its value will not be rising and falling all the time. Libra is going to be as stable as the USD.

The support surrounding Libra is enormous so somehow we can say that this could be the future of the stablecoins. I am not talking about the support coming from the regulators of course. They are the hindrance on the contrary. I am talking about the most popular companies we have in the world right now. Facebook has uber, Visa, Spotify, eBay, and many more behind its back.   

[Reid]

No, it aint the future of all altcoin.

It is the future of a human being tracing system.
Sadly, it is a combination of all your information from social media (facebook) and your money like a bank. Pure centralization with a lot of KYC including all your photos and videos being seen by them.

It is not what we really wanted. It is far away from copying bitcoin or other decentralized altcoins out there.
Should just put it to garbage.

[suryapro]

I m do not really follow about the development of Libra Facebook, because there are so many growths and new projects are popping up now. if Libra is developing well, of course we all will be happy to hear it.

[Chikito]

Actually Facebook itself can develop libra with what they have.
Then what about their opposition at the time with the world of cryptocurrency, would this not be a serious problem?

Yes we know how they did, Facebook have alot of human source and kind of knowledge.
Facebook as newbie become the world of crypto, but have reputation to geting investor like paypal,visa, vodafone, etc. when they came as centralization?, it's not serious problem to cryptocurrency world, especially Bitcoin.

[AdamRay]

what do you think about the  Facebook’s Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

With so many laws and restrictions imposed on Libra, I think it will be very difficult to thrive. It takes a lot of time to be able to influence.
After the hearing, I no longer had faith in Libra. I will not invest in it in the future.

[sandra_x]

Facebook coin Libra is not going to do much good to altcoins. It is designed to be primarily used for payment, more like a stablecoin, backed with traditional securities such as binds ,fiats, government securities. Maybe describe as the new Paypal and less of cryptos