How can people use facebook libra coin?

[sureshnsnet]

I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

What you think and share info about libra here.

[ChrisPop]

I don't think they have released a delivery date yet as they have encountered a lot of legal problems and hurdles. However Libra is going to be a centralized stable currency backed by garbage fiat currencie like USD, EUR, GBP, etc. It will surely find its use as it will be integrated within one of the biggest social networks, but I don't think it will affect Bitcoin at all. It does not have the purist characteristics of Bitcoin. It is more similar to money in your bank account than to a currency if you ask me, but I might be biased here..

[Youghoor]

This is the link to their whitepaper https://libra.org/en-US/white-paper/ . You will find all the answers to your questions in their whitepaper.

[pakhitheboss]

I do not think Libra will survive. Before its launch, it is already in trouble waters. It has a long way to come before it competes with any cryptocurrency.

[boyptc]

I want to know about the new coin from the facebook called libra and how will people use libra

Same on how we use bitcoin and other currencies.

and when will libra be available?

Probably around Q1/Q2 of 2020

did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

No.

How can be a new project can be par with bitcoin? because it's made by facebook? well that's a valid point but it won't be easy for this new project to take over bitcoin. Many tried to think about kicking bitcoin but no one ever succeed.

[YuginKadoya]

The First version of the launch will be on 2020 but no particular date yet, And on July 15, 2019, Facebook announced that the currency will not launch without further appropriate approvals, That is on Wikipedia and on the recent news on New Europe that Libra loses momentum but hold June 2020 as a launch date so I guess there are no particular dates because Libra is still settling some issues,

And if you think that this will make a number 1 spot in the crypto market I had a doubt that will outmaneuver Bitcoin from that spot.

[pixie85]

how will people use libra,

Like a stablecoin with the addition to being accepted for payments through FB and its affiliates

and when will libra be available?

We don't know. When the regulators give it a green light and for now they are more inclined to giving a permanent red

did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

No. It's not a rival of Bitcoin but other centralized coins like XRP and XLM.

[kawetsriyanto]

I think it is not the right time to discuss the use of Libra coin since there is a rumor saying that Libra coin won't be released. It is better to discuss this once Facebook announces to launch Libra coin in the near future. In my view, we are better to discuss "how possible Libra coin to launch". It should be more interesting and suited to the current issue.   

[ecnalubma]

I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

We cannot give a proper feedback about the Libra project because its not launched yet, but as per facebook its Globalcoin or Stablecoin . They designed not only to be used by Facebook platform but also for everyone more accessible I don’t think it can compete with Bitcoin because of its characteristics. But because government intervention I’m afraid it will be released early next year as they promised.

[tsaroz]

I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

What you think and share info about libra here.

You can't use Libra as of now. Libra is still in development and it's still trying to convince the authorities that it's not a threat to the economy. They need to this this as they want Libra to be a legal bill in most of the market it supports. Anyone claiming to be selling Libra are scams, there are many scams in different forms. You need to be cautious not to fall for them.

[ashmodeus]

well friend, libra has been discussed in a lot of previous threads.
I guess you are too lazy to find it,
but well, what i know so far is "Regulators perceive it as a threat" , no wonder libra is hard to born.
and even libra became to the world, it cannot be compared to btc.
why ?
i dont see anything special from libra , and i guess most people have a same think.

[dfktynby1004]

Libra is a very promising coin. This project will be able to unite many countries. Now money transfers between States require a large transaction fee but with the introduction of the Libra project, everything can change. When traveling, you can pay with Facebook coins and not exchange your money for national currencies. It is very convenient and I look forward to this project.

[BitHodler]

i dont see anything special from libra , and i guess most people have a same think.

People are like a bunch of sheeps repeating what others are saying just to be part of the herd.... there is so much more to Libra than people think or care about, but because everyone is almost indoctrinated to think against it, they don't see it.

I like the fact that major fiat currencies and financial institutions are now facing a new competitor with the potential to accumulate so much power, that it can make them obsolete in a matter of years.

Isn't that what people support Bitcoin or pretty much any other crypto currency for? I would love to see Libra launch and take over a system that has never really been challenged by anything simply because they didn't had the numbers Facebook has.

[samcrypto]

I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

What you think and share info about libra here.

It will be hard for altcoins to overtake bitcoin and there’s a lot of news that is against libra coin so I don’t think it will become a successful coin on its first year in the market. The rumor says next year will become a big year for Libra coin, but we don’t know if its true or not.

[Botnake]

They have their white paper release already.
https://www.forbes.com/sites/tatianakoffman/2019/06/18/facebooks-libra-white-paper-is-now-live/#34b6b39a6e00

You can also search and download the full whitepaper so you can read the full content if you want to better understand the project.

[TastyChillySauce00]

I think it is not the right time to discuss the use of Libra coin since there is a rumor saying that Libra coin won't be released. It is better to discuss this once Facebook announces to launch Libra coin in the near future. In my view, we are better to discuss "how possible Libra coin to launch". It should be more interesting and suited to the current issue.   

At least you must read the latest news about that
https://cointelegraph.com/news/zuckerberg-to-testify-before-congress-regarding-libra-stablecoin
https://cointelegraph.com/news/bank-of-england-governor-carney-defends-facebooks-libra-stablecoin

Not all the countries have declared to reject libra and england is one of the countries who supporting libra. I thought brexit gives a different opinion for this country. Canadian countries are also accepting libra too and it's still on the negotiation.
You can't say if libra already a fail project even zuckerberg still tried to testify the mechanism of the platform.

[rodel caling]

I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

What you think and share info about libra here.

At this moment there's nothing information updates from the libra team about their availability in the market, I don't believe libra will overtake the king of crypto even if the devs of that libra coin is popular company I still believe people are know the important of bitcoin as king of crypto. By the way good luck to this project.

[Pet240]

Libra coin is still being hyped, yet I believe the team do not yet know where exactly it is heading to. First, we should see it launch first and that will determine if investors and other users will be interested in using it, because that is one of the major ways in which its value can be well assessed.

[blockman]

did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

I've never thought that there will be a coin that can overtake bitcoin. This has been asked for so many times and yet the challenger is yet to come if there will be, I think it will be hard for them to push bitcoin out of its position.
Why you are thinking that Libra can eventually overtake bitcoin? it's too far from the advocacy and usage of what bitcoin is delivering to us although both are used to be a payment medium but Libra is way different from that.

[CjMapope]

I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

What you think and share info about libra here.

man i dont even think libra will launch at all at this point
check out the 20 threads made already, its been having some troubles it seems
imo it was just them trying to capitalize on the crypto craze years too late anyways