Would You Trust Libra Coin With Your Money?

[carlzec]

Libra will change a lot. Imagine the places Libra can reach. Anyone who is a member of Facebook. And what if Facebook sends it to users for free? All of a sudden everyone starts to use that money. Of course they will prevent counterfeiting. The door of a new world opens.

[karanggatak]

i am still confused whether i will use libra coins or not. because until now there has been no clarity about this project. Libra has been abandoned by its big supporters like visa, mastercard and paypal. and also has not received permission from the government and the United States Congress. if this libra project has real use and the purpose of the libra project is to facilitate us in global transactions. if this goal can be realized and has received permission from global authorities then of course I will believe and buy libra coins.

[Zionatin]

I can't even trust facebook with my conversations, so why would I? hahaha

Same. They want too much info about us and collect data about us to sell back to us as Google does. FB are worse though sinve they charge you for ads and without them you struggle. With google you can do fine without ads but using google ads just helps more.

Since the beginning of the rumors that Facebook will launch the Libra project, I felt something negative about this project, and now it is proven that Libra project has been abandoned by many big investors such as Mastercard and others because there have been many contradictions from top US officials and other influential people.

How can you possibly be in crypto thinking like that? Crypto is supposed to make us free from banks and centralized finance management. Transparency and regard to privacy is the key to success and that's why we tell to the banks 'Go to hell!"

They don't understand what they are saying. Talking about contradiction from US officials and other people? So they won't invest because some people say not to and the bank won't.

[XCANA]

In as much as my funds will be preserve and not going to get missed, I will be in to entrust my money to their confine. They want a legal clearance from the regulatory bodies and when it's be achieve I will put in my money and invest with Libra coin. I will love to have my investment with the said Libra coin.

[Bezobraznike]

   Where this question comes from? Problem is not with trust here, problem is what we have from trusting Facebook with our
money? Can we make some profit by investing in Libra? I'm not sure, but it will be a stable coin, we can't wait for Libra to get
some value, it will be stable. Maybe some staking/interest option, I didn't see any announcement about that. Tell me why
would I keep my money at Libra? They will not be better or worst as any other bank, without any possibility for ordinary people
to earn, Facebook will earn, like always.

[efxtrader]

Facebook as the parent of Libra Coin is a big company and I think they will make various efforts to market Libra Coin. And if the Libra coin has been regulated by the Government, I think I will trust the Libra coin and be interested in investing or saving it as an asset