Paypal to leave Libra

[Tipstar]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

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[TaliskerDarkStorm]

Naah, Labra is literally shitcoin. It's not a surprise that Libra's investors abandon this project. I don't think Libra will succeed. We do not need Zuckerberg as a blockchain community. He needs to observe users privacy and sell them to the governments lol. He needs to stay away from blockchain and this ecosystem. I've never believed him and never will. He is just a scammer and as a blockchain community, we hate scammers

Bitcoin can achieve this alone, it did well from the beginning to the now. Adaption is increasing, more investors are coming day by day. Amazon, IBM, Wallmart, Nasdaq and many more technology giants already joined the ecosystem to use blockchain technology in their supply chains etc. So, what I'm trying to saying is just stay away from Libra and Zuckerberg.

[capcaypro]

Libra is still widely questioned because there are several Libra sales on different sites people say it's just a fraud so investors have to be careful, then how about this news I can't really understand how Libra will be bright in the future or not.

[Aabcde]

I think the purpose of Libra is the same as the others. As they said in Whitepaper Chapter 2 'Libra is a simple global currency and financial infrastructure that empowers billions of people.'
Because of the similarity of goals that might make Libra less glance because there is already better than it and more innovative as well. In addition, the number of fake sites that claim Libra sales and there are also airdrop sites that in reality they are not part of Libra. The logo is not the same.

[btc-facebook]

I'm not sure if Paypal left the Libra project will be stopped,
because Libra has the support of more than 20 companies.
it could be that when paypal left there were other companies that would better want to support Libra,
I do not know what the future of Libra is, but I am sure when Libra is launching, then Libra can move CMC rankings of some big coins like BNB or LTC.

[Vispilio]

The mainstream usage of e-payment solutions replacing cash and other anonymous transactions are already showing some of the most extreme practices of state surveillance and totalitarianism.

So the Libra project is philosophically defending a doomed position by requiring potential users to comply with ID authentication and similar personal data usage. It cannot hope to achieve any foothold in the free world, and has stronger and more native competitors already in place in more dictatorial places like China...

[shinratensei_]

Not only Paypal but VISA and Mastercard are also feeling doubt with libra.
Libra is not a shitcoin but the regulation is creating so many uncertainties to the libra. That's why some members are thinking to withdraw their position from to be a part of libra association.
I thought that the future of libra depends on the decision that will be taken by US regulator.
As far as i know libra will not launch its crypto without US regulatory approval.

Uncertainties in the libra and US regulator seems to be a very long journey.

If the uncertainty in libra still continue and that is not closing the possibility, more members will be leaving libra association in the future.

[udidrone]

I think Libra will be same to another altcoins. Maybe people really hype or this thing is kind of advertisement so people will look libra more than other. My opinion about Libra maybe wait until it is on market, and then we can see how good it is. Because some new altcoins / tokens not survived for long in market after listed. Maybe that can be benchmark if project success or not.

[masterrex]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

Well if that is true it was a big blow to the Libra Association since Paypal is a known payment platform with important rule and part of the ambitious project to date. IMHO even Paypal was back out in the Libra Stable coin project It cant affect much or it may cause a little setback, but eventually it wouldnt stop since there are many Libra Association members to mention most of it are prominent members like paypal ,so in that case lets wait and see if what happens next.

[tranduong123]

Not surprisingly, if Paypal or any other company left the project, Libra was under pressure and criticism. But I do not think Libra will stop, Facebook's resources are so great, they will not easily give up.

[rz20]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

I don't think Libra would have garnered so much attention if the project was not from facebook 'coz its bit shi project IMO. I still do think though that Libra will see the light once the government is a bit lenient on them lol.

[bussybuddy]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

I still believe that in 2020, Libra will be launched and stay tuned. This is a serious project and it will change all of this market

[BlackFor3st]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

They have plenty of obstacles before they can launch so this is not surprise why the founding member will leave Libra as the US is doing their best to stop Libra coin to be born.

If they can fix these obstacles then their is a little light with their Libra coin to have a brighter future. But I wonder also if many will support it especially in crypto world, I am sure many will not invest to it.

[robelneo]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

Let's see in the coming days if there's going to be a domino effect, Libra coin has 100 members governing it, now they have one member leaving the campaign, they are now one less member, Paypal is a big company, but we'll soon find out if there are other big companies that will soon follow what Paypal has done, if no other members follow then Libra Coin is still strong and competitive.

[knuckey]

Regulation is the main problem that inhibits libra and I think this is the reason that makes paypal withdraw from libra. We all know that the regulation of crypto in the US is very complicated and unfriendly, even though there are many companies, investors and crypto users who come from there.

[coin-investor]

They have come along way I don't think even leaving half of their members can make them halt the launching, I think they already made millions of dollars alone on this project, and they very well know their history, and they have overcome it so I think they are stubborn enough to continue launching their coins and they will try to fix the problems along the way.

[Rodeo02]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

I guest paypal affraid of what will happen to there services after libra fully launch. I mean this project can also reduce users of paypal and move to using libra instead since it looks like almost the same sevice offered and libra is much better solution.

[blckhawk]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

It could be, but we can't really say as of now. There are still more than 20 companies that backs it up. However, recent news suggest that there are still who doubt Facebook could pull it off and it may trigger a chain of pull-outs which will end Libra's future. Personally, I think facebook should focus more on securing their platform first to regain trust of investors and the users that will be their source of traction for Libra's success.

[tsaroz]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

Enterprise are not the ones that would determine the future of Libra but governments. And as Facebook is a profit oriented company, it would in no way bring an independent crypto. The so called Libra would be closely controlled by Facebook and the US government want's it's part in it. If Zuckerberg be able to strike a deal with the US government, Facebook would hit the market.

[smyslov]

A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association

Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?

Honestly, I don't like Paypal to be part of Facebook Libracoin I'm glad they left the group, we all know Paypal hates Cryptocurrency, they are in a hurry to limit their users who are involved in Cryptocurrency, they don't deserve to be in the Cryptocurrency sphere if they still implement that rules and Paypal is a direct competitor of Cryptocurrency.