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Author Topic: How can people use facebook libra coin?  (Read 515 times)
gensol
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January 30, 2020, 02:46:30 PM
 #61

I think it will be a kind of tip, but for Facebook users maybe something like steem or probably it will be evaluated for the number of likes one gets on their posts or pictures.
jcpone
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January 30, 2020, 03:12:15 PM
 #62

Libra coin became silence since last year, when they found out that majority of the community here in the forum aren't support by them.
Even other officials in US are in favor with this plan. But even is like that, they have plan for this for sure, only we just don't know what it is? possible they can continue it or not anymore something like that.
TrevorS
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January 30, 2020, 03:35:23 PM
 #63

Apparently the Libra coin will be just a stable coin. And what can we do with stable coins? In general, the same as with ordinary coins.
They can be sent without large fees, as I understand it, it can simply be stored as money. But paramount, is the Facebook policy regarding the Libra project,
it is the transfer of money as a digital asset anywhere in the world. In other words, this is another money only with advanced functionality without the participation
of bank intermediaries that are so fed up with everything. To hell with cans. If you choose between Libra and the bank, I will choose Libra.

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Blackdeath
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January 30, 2020, 04:06:26 PM
 #64

Apparently the Libra coin will be just a stable coin. And what can we do with stable coins? In general, the same as with ordinary coins.
They can be sent without large fees, as I understand it, it can simply be stored as money. But paramount, is the Facebook policy regarding the Libra project,
it is the transfer of money as a digital asset anywhere in the world. In other words, this is another money only with advanced functionality without the participation
of bank intermediaries that are so fed up with everything. To hell with cans. If you choose between Libra and the bank, I will choose Libra.
Indeed. Libra coin is a centralized and stable coin, so it will be good use for storing your funds when we are experiencing a near market. Stable coins does not have any difference to fiat currency because it is also a good used for making a purchased through online shops.



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Rainbot
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January 30, 2020, 06:42:27 PM
 #65

if based on its function, I have heard that libra coins focus on financial systems such as PAYPAL, VISA, etc. and I think if it is equated with cryptoqurrency it's almost not much different from XRP which is a centralized coin. but that is just my speculation and not necessarily true. In addition, Facebook coins have not yet been released, making it difficult to estimate their true purpose.

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