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Author Topic: Gram vs Libra: is there any difference?  (Read 254 times)
xen1oph (OP)
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October 16, 2019, 03:22:33 PM
Merited by CryptopreneurBrainboss (1)
 #1

I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?
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October 16, 2019, 03:27:43 PM
 #2

I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?

Gram and Libra are different in the sense of their legality. Gram is as legal as any other cryptocurrency. i.e. most of the jurisdiction considers it as illegal and would be outright banned in the crypto oppressive countries like US and China.
Libra on the other hand wants to be a universally accepted legal currency. It wants to be the coin of Facebook platform.

Exchanges are delighted to accept gram but Libra would probably chose the exchanges that can accept it.

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October 17, 2019, 12:06:01 PM
 #3

Libra is a centralised payment system network based on blockchain and backed by Facebook and their partners. On the other hand, TON is a decentralised payment system backed by Telegram owners without any kind of regulations.

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October 17, 2019, 12:50:04 PM
 #4

Or to put it simply Libra wants to be a digital fiat (stablecoin with regulation behind it) while TON wants to be another cryptocurrency.
talking about the future, there is hope for GRAM but it is not much because they are running the business under SEC law. Which means they need to comply with every rule SEC stated, and one of their rule is to not doing any sale on unregistered securities token. GRAM can be considered as unregistered securities token because cryptocurrency is not regulated yet.
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October 17, 2019, 02:11:43 PM
 #5

There is one I can think of. GRAM aspires to be just like one of the many cryptocurrencies out there whereas Libra just wants to be the cryptoworld's fiat, or a standard of value just like what USD is to the world. GRAM isn't really picky on what exchanges want to pick it and Libra is nitpicking everything albeit being the shady big company Facebook Inc. has been for the past 4 years. GRAM has a bright future ahead of it should it just continue the pace and remain as is but for Libra? I don't think so. Regulators and some of its partners are already against it, too, so you know that something ain't right with Libra after all.

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October 17, 2019, 02:19:54 PM
 #6

I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?

Here's the difference: One is sold by a company that wants your money for something free
the other is sold by a company that wants your money for something thats free...  Cheesy

They might try to sound super different but the fact is: they are both just cash grabs
theres no future for either of them as they are useless.
Best believe they will pump tho!

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October 17, 2019, 02:51:30 PM
 #7

There are many difference between the two projects but the only or most common similarities between them is that both project are been developed by big social Media platform thereby fastening/contributing to the adoption of currencies due to the large range of audience, they'll be introducing into the industry and mainstream media coverage. Below are the difference;

  • Firstly, Libra is a stablecoins wanting to achieve the goal of been recognized as a government approved global currency and for it to achieve that goal it needs the support of the government (considering it's a centralized project). Meanwhile, Gram is just like your average token (e.g Ether) which price would be determine by the markets meaning it isn't a stablecoins like Libra therefore Investors could profit from future gains.
  • Secondly, Facebook's Libra project can't be realized on when it comes to our privacy since it'll be (supposedly) collaborating with the government meaning the government and other 3rd parties can easily have access to our private information. But with Gram, considering it's a decentralized platform, it has promise to focus on the anonymousity of it's users.
  • Thirdly, meanwhile Libra is just a payment system (stablecoins), Gram (TON) isn't just a cryptocurrency but a decentralized platform just as Ethereum is, meaning developer's can work on the TON blockchain to.bring about innovative development into the industry like decentralized applications (dApp), DEX exchanges etc

There are only difference although this three are the most important of them all to my understanding. Consider TON (GRAM) to be a community projects while Libra would just be a government impose stablecoins on the community to track the activities of customer that uses it's payment platform supposedly Libra successful launches.

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October 17, 2019, 10:59:15 PM
 #8

I don't see much future with gram coin but with Libra, I think, that they were more focused and real to the project by creating a token that's going to be a stable coin and par with dollars. This is why they were being held by the government.

Telegram, GRAM or TON or whatever you've called them has launched a project before and it was successful. This is all about the hype market that they are in and I think all about making money on their end.

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October 17, 2019, 11:08:18 PM
 #9

I don't see much future with gram coin but with Libra, I think, that they were more focused and real to the project by creating a token that's going to be a stable coin and par with dollars. This is why they were being held by the government.

Telegram, GRAM or TON or whatever you've called them has launched a project before and it was successful. This is all about the hype market that they are in and I think all about making money on their end.

of course it does! it all boils down to the money they will rake from all of this. who would believe that they truly care their customers?
but fine with me. this might drive mass adoption of crypto and more individuals will learn what crypto really is?
the scope of Libra is wide as compared to Ton, so if FB can push thru this project, Libra would be a massive project.

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October 18, 2019, 01:03:24 AM
 #10

IMO the biggest difference is that Libra is getting a whooping 1.5B - 2B instant user database. Whether they want it or not.

While Libra is 'not a coin' per our understandings, the whole Facebook userbase will start hearing of crypto soon or a later.

Gram... for me is too overrated and I don't plan to hold it.

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October 18, 2019, 01:51:58 AM
 #11

There is a difference in how many billion of dollars SEC charged them  Tongue ... Its is easy money for them.

I am not supporter of both coins, but Telegram is way better than Libra in every term.

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October 18, 2019, 03:31:29 AM
 #12

Gram coin is being halted by SEC and the future of gram depends on the SEC decision whether SEC will be allowing the GRAM token sale or not.

It will be difficult to argue what will be the future of gram while the regulator was overtaking the TON. Some people have already filed a lawsuit against TON and accused it as unregistered security offering and it looks like the problem of TON will be brought to the court.

Libra is a stable coin that will be used as a payment system on its platform while libra will act as a utility token on its own blockchain, but not sure if the fact it can also be considered as a security.

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October 18, 2019, 04:58:39 AM
 #13

I don't see much future with gram coin but with Libra, I think, that they were more focused and real to the project by creating a token that's going to be a stable coin and par with dollars. This is why they were being held by the government.

Telegram, GRAM or TON or whatever you've called them has launched a project before and it was successful. This is all about the hype market that they are in and I think all about making money on their end.

of course it does! it all boils down to the money they will rake from all of this. who would believe that they truly care their customers?
but fine with me. this might drive mass adoption of crypto and more individuals will learn what crypto really is?
the scope of Libra is wide as compared to Ton, so if FB can push thru this project, Libra would be a massive project.
It would be a massive project but I'll never be a supporter of it because of the advocacy that it has of being centralized. These company projects are raking a lot of money from investors and they never fail to get the trust of most.

However, just like what I've said it's a different thing. The controversy that these two projects are facing right now, well it's exciting to follow it and all the dramas that it contains.

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October 18, 2019, 05:05:45 AM
 #14

There are many differences:
Gram from a secure messaging application that's widely used in the cryptocurrency community.
Libra from a scandalous Facebook!
There are many other points, you can use google to search!
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October 18, 2019, 06:27:37 AM
 #15

I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?

Gram and Libra are different in the sense of their legality. Gram is as legal as any other cryptocurrency. i.e. most of the jurisdiction considers it as illegal and would be outright banned in the crypto oppressive countries like US and China.
Libra on the other hand wants to be a universally accepted legal currency. It wants to be the coin of Facebook platform.

Exchanges are delighted to accept gram but Libra would probably chose the exchanges that can accept it.

True, the US SEC already halted the launch of TON, stating that it was illegal for US investors to buy GRAM.

https://newsbeezer.com/us-sec-stops-1-7-billion-ton-launch-ico-action-at-the-highest-level/

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October 18, 2019, 06:52:51 AM
 #16

So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?
Libra will be a stable coin from what i understand while Gram depends upon supply and demand and the advantage i see in gram is that people can consider it is an investment and it will be integrated in the telegram platform which will be easier for everyone to use while Libra is a stable coin which is backed by fiat and no one will actually see it as an investment and that is the reason it is having a hard time to convince the regulators. 
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October 18, 2019, 07:33:03 AM
 #17

I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?

They're completely different tokens altogether.

TON is a utility token/security in Telegram, while Libra is essentially a stablecoin within itself that FB is supposedly trying to push mainstream.

From an official standpoint, these two aren't actually that dissimilar at all. We've seen major pushbacks from regulatory agencies for both coins, the Federal Reserve for Libra, and the SEC's recent stance on TON. It's only the community opinion that is differing.
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October 26, 2019, 10:36:36 AM
 #18

I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?
They are different from a fundamental standpoint, and not to mention the people that have made it. Of course if Facebook, the company that literally sells you data is dipping their toe into the crypto-currency market, they will get flamed and people won't like them at all.

Ton is a utility token that's made by Telegram, an app that is loved by a lot of crypto people, and compared to Facebook, it has a way better reputation, even though it might not have the users to back it up.

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October 26, 2019, 11:07:42 AM
 #19

The differences I could see or think off was that; Gram will be more efficient and trustworthy in terms of investors data privacy protection.  But Libra is just all about the chance to get into the crypto-sphere to keep up their shitting investors data privacy protection, which we all know they can't keep to standards. Libra has a longer way to go before it can be accepted but Gram has all it takes to be trusted.

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October 26, 2019, 11:52:31 AM
 #20

Yes but despite SEC regulations TON didn't agree to go on with regulations, it's a great signal for investors. Libra may be pinned upon SEC or any other dep.
Can you please explain why  is it good and a great signal for investors for them to buy TON? I mean, you're against SEC and SEC can pin you down if they wanted to.

Both of these projects are facing a lot of problems. SEC is halting TON, Libra is facing major breakdown of backers and SEC and government. I guess that to choose from these two coins is to let them first complete what they wanted to achieve and get through those problems.




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