Would you use FB's Libra?

[crzy]

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

Depends on its function, and I never used money to use facebook so I don’t know if Libra is applicable to me but first i want to know if Libra is only good for the marketing side on facebook. There’s a big pressure already with Libra and I hope they can survive on this so they can make their coin public and users of facebook can try that coin.

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[poptok1]

I would never use it unless it becomes mandatory and when it does, we are doomed and there is no actual point any more.
Those fuckers are evil, never have had an account there and I'm not planing on creating one, I'm convinced that this company should be dismantled, preferably in a violent way. Don't get me wrong, I'm an ally to free market but this crappy CIA front is nothing close of being a product of the free market, so as this coin of theirs. 30 pieces of Libra for the Bitcoin? How about no?!

[syamster]

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

Each project seems to be the best before it is created, but this generally results in a later transformation into shitcoin. Libra has not been created yet and before long the few companies it has contracted broke the deal. Obviously, Libra is far from being shitcoin, but why should I use it without knowing what it is. When the time comes, we can think about it.

yeah you are right when the Libra coin come to the market then after that people should think whether they will use it or not because nobody could decide from now that the coin will be good or not, and i think it is totally a foolish decision to adopt it even without knowing anything about it, so we should decide on the spot.

[milewilda]

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

Each project seems to be the best before it is created, but this generally results in a later transformation into shitcoin. Libra has not been created yet and before long the few companies it has contracted broke the deal. Obviously, Libra is far from being shitcoin, but why should I use it without knowing what it is. When the time comes, we can think about it.

yeah you are right when the Libra coin come to the market then after that people should think whether they will use it or not because nobody could decide from now that the coin will be good or not, and i think it is totally a foolish decision to adopt it even without knowing anything about it, so we should decide on the spot.

People arent that fool not to know even the basics of that coin if it would really have that usage or not.People will surely use it for sure
yet we know on how facebook is popular yet they will surely use up this coin for their own and i dont see a reason that it would be use
on other means.

[sunsilk]

For those people that are using FB's services like sponsoring their ads, they might have been forced to used it if FB will include it to their payment scheme and they have to convert it first.

But as for my position right now with this project, I don't see myself using it for the meanwhile although it's not yet launched. I can't tell if there will be some great convenience that it will offer to everybody.

[goaldigger]

Not all are willing to use Libra coin especially if its only working on the system of facebook. Those who have paid advertise might be use this one but if you are just a normal user then there’s no need for you to use Libra. I don’t want to mislead myself about Libra coin because right now I totally have no idea on what is the main reason for Libra to come in the market, maybe if there’s a real whitepaper I might study that.

[tippytoes]

Not all are willing to use Libra coin especially if its only working on the system of facebook. Those who have paid advertise might be use this one but if you are just a normal user then there’s no need for you to use Libra. I don’t want to mislead myself about Libra coin because right now I totally have no idea on what is the main reason for Libra to come in the market, maybe if there’s a real whitepaper I might study that.

The main reason of deploying Libra is of course additional source of income to the FB team. It all boils down to that, the money that they can generate from this new business venture. They can always get people to use their coin once launched. With the scope of FB across the globe, they can always get a market to utilize their coin. But as for me, since I know that more than possibly, this coin is centralized, I won't use it. They might even know every bit of detail of my personality if I will use this. So no more privacy. So nope, will not use this coin.

[TravelMug]

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

If it has advantages, then why not?

Specially in the area of money transfer, I think Libra will be a good choice/options even for those nocoiners around the world. Not sure what will be the fee, but definitely Facebook is going to lower it to disrupt the money remittance industry.

As far as I know, Money gram and Western Union, two of the top remittances today, charges 7%. So if Libra will cost 'nothing' or just a fraction of that, It will make sense for people to use their services. It might take longer though, as I'm sure those two will fight it out and won't simply allow Facebook to just steam roll and take over.

[asus09]

I will invest my money in Libra coin after legal and can be access to public, now I take profit with new investment like Libra coin where got many positive respond from investor, I think when Libra coin have open to public I will buy and start investing. Possible Libra coin become success with many public discussion talking with Libra become best competitor for bitcoin.

[karanggatak]

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

if I am asked to use libra or not? I don't have a definite answer yet. because I do not understand what platform libra is using. this includes the stable coin class or the coin group that has fluctuations I don't know yet because this coin hasn't been released yet so I can't answer the OP question. if libra has a good platform and technology then of course I will buy it. we wait for the libra project to be released next year.

[NavI_027]

A big NO. I'm satisfiefld with their social media website/app and already contented with it alone. Bitcoin is already enough for me, I don't think I need to switch into a copycat lol jk . Honestly, one of the main factors I consider why I refuse to use it is due to privacy concerns. FB already knew a part of my whole identity and I don't want that my money and all the transactions got the same fate.

[gabbie2010]

I am contended with bitcoin I have no any reason to use Libra being a centralized crypto, likewise majority of other crypto enthusiasts would also share my own view, although that does not mean that Libra would be dead on arrival, of course it entry into crypto sphere would be a welcome development and competes with other crypto apart from bitcoin after all XRP is another centralized crypto that has been in the system for long and striving hard to be relevant the system.

[Experia]

Libra coin is on the process of perfecting its purpose, if they are able to make it therefore the price will goes to the moon because there will be lots of people are now currently had a good feedback on libra coin and if it will be release on the market they will accumulate it immediately that will cause for its price to move upward

[Ridwan Fauzi]

If we compare with the utilization of cryptocurrency now is indeed still deficient, which is mean there are still a lot of people who has more interested to use conventional system such as western union or use paypal to sending their money to the different countries. Yeah, I'll see first the utilzation of libra coin will be used by many people as sending money tool comparing they use it as payment system because they will have a system to make a transaction that use money fiat.

But, I believe when libra has launched and for those who knows it especially facebook user will choose it as a sending money tool comparing they choose wu, paypal and etc. However there is several thing that should be considered by the people who will use it. Facebook had a bad image against his user identity. And I just think, its system is not secured at all and this is one thing that I doubt to use libra coin. Maybe I'll choose another service which trusted by many people and didn't have any scandal.

[yulionoo]

I think if later this Libra coin will be released I will not buy or use it. because I already have bitcoin which in my opinion is far better than Libra coins. many people say that this libra coin can become a global currency making it easier for us to transact between countries in the world. I will answer I already have a ripple and tether (USDT) that I can count on in conducting transactions between countries. and the value of tether is also stable.

[Vishnu.Reang]

Why should anyone shy away from using Libra? If I feel that investing in Libra can bring me the profits, then I will invest in that asset. But that looks unlikely as of now. First of all, in my opinion Bitcoin has more future potential when compared to Libra. And secondly, it is not yet clear whether the Libra roll out would go as planned or not.

[AGroose]

I personally will not use the libra, because I do not trust it. I like telegrams more, because they never allowed a massive data leak and it will be a truly anonymous cryptocurrency. In addition, the libra has many other problems, which are mentioned here https://neironix.io/cryptocurrency/facebook_libra

[TRONTON]

Even though I said no, many ordinary users will really do it because Facebook's user base is above average, if 1% is active with libra then that is enough to make it wider in an instant.

many people will test the features they will provide, even if the rules are made very loose, especially regarding kyc, then libra will be adopted on a large scale because facebook is very popular with the attraction of using a very simple platform.

[Landak]

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

from what i hear, libra might only can be done/use only on the platform, facebook, whatsapp and instagram. other than outside that, I'm sure not many people will use libra even though "if" agreed by the congress. libra is full of controversy.

[Google+]

I will invest my money in Libra coin after legal and can be access to public, now I take profit with new investment like Libra coin where got many positive respond from investor, I think when Libra coin have open to public I will buy and start investing. Possible Libra coin become success with many public discussion talking with Libra become best competitor for bitcoin.

I think Libra will have a very good legality because it might work with a variety of platforms but it might also be a very easy thing to do because considering the Facebook founder mark is also behind making Libra, so I think the use of Libra will be very much and its development I'm sure it will be good.